Settings8H · net · $10k
Funding arb · Price arb /

O

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h +0.108%
Price spread now: BloFin against KuCoin+0.036%95s7-day average +0.090% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.261%+$26 on $10k
Price spread, last 4 days (all we have)+0.419%+$42 · spread now +0.036%, 7d avg +0.090%
Together, before fees+0.679%+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.090%). If the spread goes back, that is −$5 on $10k: about 26 hours of funding at the current rate (+$5 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OUSDTM0.55550.0100pay 0.0050% / 4h1h 33m$1.2M$728K20x
ShortBloFin O-USDT0.55570.0268get 0.0134% / 4h1h 33m$238K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$35.29
Price spread: +0.036% → +0.090%
−$5.38
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.9
Costs to cover
0.240%
Break-even
5.8 days
Slippage unknown: KuCoin: live order book, 2 min ago; BloFin: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago11.68 bp562.2 bp −$562doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago4.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

O on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate O_USDT+0.0100%4h0.5550−0.090%$1.5M$515K20xas long as short
KuCoin OUSDTMlong+0.0100%4h0.5555long leg$1.2M$728K20x
Bitget OUSDT+0.0100%4h0.5550−0.090%$1.6M$318K10xas long as short
Variational Omni O+0.0100%4h0.5556+0.017%$3K$535as long as short
Bybit OUSDT+0.0210%4h0.5556+0.018%$701K$928K20xas long as short
Binance OUSDT+0.0210%4h0.5551−0.078%$4.7M$1.9M10xas long as short
Aster OUSDT+0.0213%4h0.5550−0.099%$19K$50K3xas long as short
BloFin O-USDTshort+0.0268%4h0.5557+0.036%$238K$6K20x
OKX O-USDT-SWAP+0.0298%4h0.5552−0.054%$1.5M$1.1M10xas long as short
MEXC O_USDT+0.0304%4h0.5545−0.180%$957K$177K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX O-USDT+0.0334%4h0.5553−0.036%$1.6Mas long as short