Funding you earn now, next payment 05:00 UTC+0.1350%/8h= +147.8% APRnext payment +$1.69 per $10,000 · paid last 24h +3.653%
Price spread now: BloFin against KuCoin−3.578%7-day average −3.345% · you buy dearer than you sell
Net, funding: paid 7d − costs+$982as in the Funding arb table
Net, price: spread back to 7d avg − costs−$785as in the Price arb table
costs, in and out, $10k−$7617.614% of the position
Funding, last 7 days+17.432%+$1,743 on $10k
+Price spread, last 4 days (all we have)+2.632%+$263 · spread now −3.578%, 7d avg −3.345%
=Funding pays, the price is against you. BloFin is 0.233% cheaper against KuCoin than usual: you would sell low and buy high (spread −3.578% now, against its 7-day average of −3.345%). If the spread goes back, that is −$23 on $10k: about 14 hours of funding at the current rate (+$40 a day). At the pace of the last 7 days (+17.432% in total) that is about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.004192 | −0.3496 | get 0.0437% / 1h | 2m 51s | $3.9M | $12.2M | 30x |
| Short | BloFin ONE-USDT | 0.004042 | −0.2146 | pay 0.0268% / 1h | 2m 51s | $799K | $2.2M | 50x |
KuCoin ONEUSDTM
BloFin ONE-USDTFunding 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
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $283.43
- Price spread: −3.578% → −3.345%
- −$23.31
- Slippage, 4 orders
- −$737.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$501.25
- Costs to cover
- 7.614%
- Break-even
- 19.4 days
Slippage from KuCoin: live order book, 11 min ago; BloFin: live order book, 5 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 KuCoin live order book, 11 min ago | 5.95 bp | 443.0 bp −$443 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.11 bp | 26.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.3591% | 1h | 0.005276 | +25.871% | $6.3M | $236.8M | 10x | as long as short |
| Variational Omni ONE | −0.8004% | 1h | 0.004050 | −3.392% | $99K | $51K | — | as long as short |
| KuCoin ONEUSDTMlong | −0.3496% | 1h | 0.004192 | long leg | $3.9M | $12.2M | 30x | |
| BloFin ONE-USDTshort | −0.2146% | 1h | 0.004042 | −3.578% | $799K | $2.2M | 50x | |
| Aster ONEUSDT | −0.1884% | 1h | 0.004039 | −3.655% | $2.1M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.1872% | 1h | 0.004080 | −2.672% | $1.9M | $31.3M | 20x | as long as short |
| Binance ONEUSDT | −0.1186% | 1h | 0.004044 | −3.528% | $13.9M | $331.4M | 50x | as long as short |
| MEXC ONE_USDT | −0.1184% | 1h | 0.004042 | −3.576% | $11.2M | $15.2M | 20x | as long as short |
| Gate ONE_USDT | −0.0562% | 8h | 0.004028 | −3.912% | $1.8M | $15.4M | 20x | as long as short |
| BingX ONE-USDT | −0.0104% | 1h | 0.004079 | −2.686% | — | $5.5M | — | as long as short |
OKX ONE-USDT-SWAP
Variational Omni ONE
Aster ONEUSDT
Bitget ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT
BingX ONE-USDT