Funding you earn now, next payment 08:00 UTC−0.0313%/8h= −34.3% APRnext payment −$1.57 per $10,000 · paid last 24h −0.014%
Price spread now: BloFin against KuCoin0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2692.690% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PORTALUSDTM | 0.02016 | 0.0424 | pay 0.0212% / 4h | 1h 28m | $338K | $108K | 10x |
| Short | BloFin PORTAL-USDT | 0.02016 | 0.0111 | get 0.0055% / 4h | 1h 28m | $211K | $21K | 10x |
KuCoin PORTALUSDTM
BloFin PORTAL-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
- −$65.74
- Price spread: 0.000% → −0.013%
- $1.33
- Slippage, 4 orders
- −$245.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$333.44
- Costs to cover
- 2.690%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; BloFin: live order book, 47 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, 14 min ago | 7.44 bp | 103.4 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 4.95 bp | 16.6 bp −$17 | 77.0 bp −$770 | doesn't fit | doesn't fit |
PORTAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PORTALUSDT | +0.0100% | 4h | 0.02019 | +0.149% | $11K | $35K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.02022 | +0.273% | $3.3M | $5.1M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02022 | +0.293% | $1.3M | $886K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.02017 | +0.050% | $934K | $387K | 50x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02019 | +0.149% | — | $1.3M | — | as long as short |
| Variational Omni PORTAL | +0.0100% | 4h | 0.02013 | −0.124% | $1K | $7K | — | as long as short |
| BloFin PORTAL-USDTshort | +0.0111% | 4h | 0.02016 | 0.000% | $211K | $21K | 10x | |
| KuCoin PORTALUSDTMlong | +0.0424% | 4h | 0.02016 | long leg | $338K | $108K | 10x | |
| Kraken Futures PF_PORTALUSD | +0.1876% | 1h | 0.02027 | +0.530% | $43K | $187K | 10x | as long as short |
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
BingX PORTAL-USDT
Variational Omni PORTAL
Kraken Futures PF_PORTALUSD