Funding you earn now, next payment 12:00 UTC−0.0657%/8h= −71.9% APRnext payment −$3.28 per $10,000 · paid last 24h −0.134%
Price spread now: KuCoin against BloFin−0.269%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,388as in the Price arb table
costs, in and out, $10k−$1,38113.805% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 4 days (all we have)−0.294%−$29 · spread now −0.269%, 7d avg −0.194%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and KuCoin is 0.075% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.194%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.348% in total (about -18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.28 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 | BloFin Q-USDT | 0.02562 | 0.0757 | pay 0.0378% / 4h | 3h 02m | $387K | $71K | 40x |
| Short | KuCoin QUSDTM | 0.02555 | 0.0100 | get 0.0050% / 4h | 3h 02m | $680K | $17K | 20x |
BloFin Q-USDT
KuCoin QUSDTMFunding 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
- −$137.92
- Price spread: −0.269% → −0.194%
- −$7.53
- Slippage, 4 orders
- −$1,356.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,525.99
- Costs to cover
- 13.805%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; KuCoin: live order book, 42 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, 8 min ago | 1.36 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 19.69 bp | 367.8 bp −$368 | doesn't fit | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02558 | −0.148% | $1.2M | $304K | 10x | as long as short |
| KuCoin QUSDTMshort | +0.0100% | 4h | 0.02555 | −0.269% | $680K | $17K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02559 | −0.113% | $2.3M | $132K | 20x | as long as short |
| Variational Omni Q | +0.0113% | 4h | 0.02562 | −0.009% | $618 | $2K | — | as long as short |
| Bybit QUSDT | +0.0279% | 4h | 0.02560 | −0.062% | $1.6M | $390K | 13x | as long as short |
| Aster QUSDT | +0.0553% | 4h | 0.02561 | −0.032% | $59K | $45K | 5x | as long as short |
| BingX Q-USDT | +0.0754% | 4h | 0.02561 | −0.043% | — | $1.3M | — | as long as short |
| BloFin Q-USDTlong | +0.0757% | 4h | 0.02562 | long leg | $387K | $71K | 40x | |
| MEXC Q_USDT | +0.0798% | 4h | 0.02562 | 0.000% | $122K | $89K | 50x | as long as short |
| Binance QUSDT | +0.0798% | 4h | 0.02563 | +0.041% | $7.1M | $1.3M | 20x | as long as short |
Gate Q_USDT
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
BingX Q-USDT
MEXC Q_USDT
Binance QUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended Q-USD | +0.0800% | 1h | 0.02562 | +0.005% | $8K | $174K | 5x | as long as short |
Extended Q-USD