Funding you earn now, next payment 01:00 UTC−0.4112%/8h= −450.2% APRnext payment −$5.14 per $10,000 · paid last 24h −6.997%
Price spread now: KuCoin against BloFin+6.127%50s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,396as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$6296.295% of the position
Funding, last 7 days−17.663%−$1,766 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 6.127% dearer against BloFin than usual: you sell high and buy low (spread +6.127% now, against zero (this spread has no 7-day history yet)): +$613 on $10k if it goes back. Holding the pair costs −$123 a day in funding at the current rate, which eats that in about 5.0 days. At the pace of the last 7 days (−17.663% in total) that is about 2.4 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONE-USDT | 0.004144 | −0.1128 | get 0.0141% / 1h | 38m 23s | $798K | $3.0M | 50x |
| Short | KuCoin ONEUSDTM | 0.004398 | −0.5240 | pay 0.0655% / 1h | 38m 23s | $4.5M | $13.3M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$863.42
- Price spread: +6.127% → 0.000%
- $612.68
- Slippage, 4 orders
- −$605.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$880.24
- Costs to cover
- 6.295%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 10 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 5 min ago | 0.85 bp | 28.1 bp −$28 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 5.73 bp | 392.1 bp −$392 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.5768% | 1h | 0.004107 | −0.886% | $102K | $54K | — | as long as short |
| KuCoin ONEUSDTMshort | −0.5240% | 1h | 0.004398 | +6.127% | $4.5M | $13.3M | 30x | |
| Bitget ONEUSDT | −0.3816% | 1h | 0.004197 | +1.272% | $1.9M | $37.1M | 20x | as long as short |
| Aster ONEUSDT | −0.1910% | 1h | 0.004148 | +0.094% | $2.2M | $8.0M | 5x | as long as short |
| Gate ONE_USDT | −0.1639% | 8h | 0.004132 | −0.292% | $1.6M | $16.4M | 20x | as long as short |
| Binance ONEUSDT | −0.1152% | 1h | 0.004149 | +0.106% | $14.0M | $363.8M | 50x | as long as short |
| BloFin ONE-USDTlong | −0.1128% | 1h | 0.004144 | long leg | $798K | $3.0M | 50x | |
| MEXC ONE_USDT | −0.1128% | 1h | 0.004148 | +0.092% | $10.9M | $16.9M | 20x | as long as short |
| BingX ONE-USDT | −0.0088% | 1h | 0.004149 | +0.128% | — | $6.6M | — | as long as short |
BloFin ONE-USDT
KuCoin ONEUSDTM
Variational Omni ONE
Bitget ONEUSDT
Aster ONEUSDT
Gate ONE_USDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT