Funding you earn now, next payment 12:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against BloFin+0.063%95s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as 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−$3133.131% of the position
Funding, last 7 days+0.379%+$38 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.063%, 7d avg −0.053%
=The price spread pays, funding is against you. KuCoin is 0.116% dearer against BloFin than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.053%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.379%, so the current rate has only just turned against you. The two prices were read 95 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 PTB-USDT | 0.0009564 | 0.0776 | pay 0.0388% / 4h | 9m 29s | $391K | $250K | 20x |
| Short | KuCoin PTBUSDTM | 0.0009570 | 0.0754 | get 0.0377% / 4h | 9m 29s | $1.5M | $5.1M | 20x |
BloFin PTB-USDT
KuCoin PTBUSDTMFunding 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
- −$4.6
- Price spread: +0.063% → −0.053%
- $11.57
- Slippage, 4 orders
- −$289.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$306.17
- Costs to cover
- 3.131%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; KuCoin: live order book, 1 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, 29 min ago | 4.12 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.93 bp | 124.4 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
PTB on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PTB-USDT | +0.0082% | 4h | 0.0009592 | +0.293% | — | $1.8M | — | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.0009585 | +0.218% | $23K | $60K | — | as long as short |
| Bybit PTBUSDT | +0.0172% | 4h | 0.0009595 | +0.324% | $1.4M | $11.1M | 25x | as long as short |
| Gate PTB_USDT | +0.0330% | 4h | 0.0009561 | −0.031% | $1.6M | $3.1M | 25x | as long as short |
| MEXC PTB_USDT | +0.0716% | 4h | 0.0009585 | +0.220% | $289K | $418K | 20x | as long as short |
| Extended kPTB-USD | +0.0720% | 1h | 0.0009579 | +0.154% | $3K | $16K | 5x | as long as short |
| Aster PTBUSDT | +0.0723% | 4h | 0.0009578 | +0.142% | $56K | $550K | 5x | as long as short |
| Binance PTBUSDT | +0.0723% | 4h | 0.0009593 | +0.303% | $6.7M | $68.3M | 20x | as long as short |
| KuCoin PTBUSDTMshort | +0.0754% | 4h | 0.0009570 | +0.063% | $1.5M | $5.1M | 20x | |
| BloFin PTB-USDTlong | +0.0776% | 4h | 0.0009564 | long leg | $391K | $250K | 20x |
BingX PTB-USDT
Variational Omni PTB
Bybit PTBUSDT
Gate PTB_USDT
MEXC PTB_USDT
Extended kPTB-USD
Aster PTBUSDT
Binance PTBUSDT