Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin−0.492%50s7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as 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−$2972.969% of the position
Funding, last 7 days+0.493%+$49 on $10k
+Price spread, last 4 days (all we have)+0.488%+$49 · spread now −0.492%, 7d avg −0.135%
=Funding pays, the price is against you. KuCoin is 0.357% cheaper against BloFin than usual: you would sell low and buy high (spread −0.492% now, against its 7-day average of −0.135%). If the spread goes back, that is −$36 on $10k: about 39 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.493% in total) that is about 5.1 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 POWER-USDT | 0.1219 | 0.0069 | pay 0.0035% / 4h | 3h 30m | $211K | $131K | 20x |
| Short | KuCoin POWERUSDTM | 0.1213 | 0.0100 | get 0.0050% / 4h | 3h 30m | $2.4M | $15.2M | 20x |
BloFin POWER-USDT
KuCoin POWERUSDTMFunding 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
- $6.43
- Price spread: −0.492% → −0.135%
- −$35.66
- Slippage, 4 orders
- −$272.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$326.1
- Costs to cover
- 2.969%
- Break-even
- 362.1 days
Slippage from BloFin: live order book, 60 min ago; KuCoin: live order book, 3 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, 60 min ago | 7.37 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 9.51 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
POWER 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin POWER-USDTlong | +0.0069% | 4h | 0.1219 | long leg | $211K | $131K | 20x | |
| Binance POWERUSDT | +0.0100% | 4h | 0.1217 | −0.216% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1218 | −0.139% | $2.0M | $1.5M | 20x | as long as short |
| Gate POWER_USDT | +0.0100% | 8h | 0.1219 | −0.016% | $230K | $114K | 20x | as long as short |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1218 | −0.115% | $14.1M | $436K | 20x | as long as short |
| KuCoin POWERUSDTMshort | +0.0100% | 4h | 0.1213 | −0.492% | $2.4M | $15.2M | 20x | |
| Bitget POWERUSDT | +0.0100% | 4h | 0.1217 | −0.213% | $3.3M | $512K | 20x | as long as short |
| BingX POWER-USDT | +0.0100% | 4h | 0.1218 | −0.082% | — | $1.4M | — | as long as short |
| Variational Omni POWER | +0.0100% | 4h | 0.1220 | +0.011% | $18K | $3K | — | as long as short |
| Aster POWERUSDT | +0.0120% | 4h | 0.1216 | −0.260% | $24K | $25K | 5x | as long as short |
Binance POWERUSDT
Bybit POWERUSDT
Gate POWER_USDT
MEXC POWER_USDT
Bitget POWERUSDT
BingX POWER-USDT
Variational Omni POWER
Aster POWERUSDT