Funding you earn now, next payment 04:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.53 per $10,000 · paid last 24h −0.034%
Price spread now: BloFin against KuCoin+0.239%80s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$404as 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−$4014.010% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.239%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.230% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 80 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 | KuCoin PARTIUSDTM | 0.02514 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $217K | $100K | 25x |
| Short | BloFin PARTI-USDT | 0.02520 | 0.0207 | get 0.0103% / 4h | 2h 47m | $165K | $25K | 25x |
KuCoin PARTIUSDTM
BloFin PARTI-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
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
- $22.39
- Price spread: +0.239% → +0.008%
- $23.04
- Slippage, 4 orders
- −$377.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$355.62
- Costs to cover
- 4.010%
- Break-even
- 118.2 days
Slippage from KuCoin: live order book, 62 min ago; BloFin: live order book, 4 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, 62 min ago | 13.86 bp | 156.2 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.99 bp | 15.2 bp −$15 | 65.2 bp −$652 | doesn't fit | doesn't fit |
PARTI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PARTIUSDT | +0.0100% | 4h | 0.02513 | −0.040% | $1.0M | $556K | 25x | as long as short |
| OKX PARTI-USDT-SWAP | +0.0100% | 4h | 0.02514 | 0.000% | $443K | $771K | 10x | as long as short |
| Gate PARTI_USDT | +0.0100% | 4h | 0.02515 | +0.040% | $177K | $87K | 25x | as long as short |
| KuCoin PARTIUSDTMlong | +0.0100% | 4h | 0.02514 | long leg | $217K | $100K | 25x | |
| Bitget PARTIUSDT | +0.0100% | 4h | 0.02512 | −0.080% | $633K | $537K | 20x | as long as short |
| Variational Omni PARTI | +0.0100% | 4h | 0.02505 | −0.373% | $7K | $440 | — | as long as short |
| BingX PARTI-USDT | +0.0174% | 4h | 0.02517 | +0.119% | — | $6.6M | — | as long as short |
| MEXC PARTI_USDT | +0.0180% | 4h | 0.02513 | −0.040% | $676K | $214K | 20x | as long as short |
| Binance PARTIUSDT | +0.0182% | 4h | 0.02513 | −0.043% | $3.4M | $4.2M | 25x | as long as short |
| Extended PARTI-USD | +0.0184% | 1h | 0.02513 | −0.056% | $2K | $183K | 5x | as long as short |
Bybit PARTIUSDT
OKX PARTI-USDT-SWAP
Gate PARTI_USDT
Bitget PARTIUSDT
Variational Omni PARTI
BingX PARTI-USDT
MEXC PARTI_USDT
Binance PARTIUSDT
Extended PARTI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PARTI-USDTshort | +0.0207% | 4h | 0.02520 | +0.239% | $165K | $25K | 25x | |
| Aster PARTIUSDT | +0.0326% | 4h | 0.02518 | +0.161% | $12K | $25K | 5x | as long as short |
Aster PARTIUSDT