Funding you earn now, next payment 12:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against BloFin−0.151%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4274.273% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.151%, 7d avg +0.001%
=Funding pays, the price is against you. KuCoin is 0.152% cheaper against BloFin than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.001%). If the spread goes back, that is −$15 on $10k: about 55 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RARE-USDT | 0.01325 | 0.0091 | pay 0.0045% / 4h | 3h 43m | $105K | $12K | 25x |
| Short | KuCoin RAREUSDTM | 0.01323 | 0.0100 | get 0.0050% / 4h | 3h 43m | $202K | $69K | 30x |
BloFin RARE-USDT
KuCoin RAREUSDTMFunding 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
- $1.94
- Price spread: −0.151% → +0.001%
- −$15.17
- Slippage, 4 orders
- −$403.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$440.54
- Costs to cover
- 4.273%
- Break-even
- 1595.6 days
Slippage from BloFin: live order book, 12 min ago; KuCoin: live order book, 48 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, 12 min ago | 3.78 bp | 28.0 bp −$28 | 177.9 bp −$1,779 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 26.49 bp | 141.1 bp −$141 | doesn't fit | doesn't fit | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01323 | −0.151% | — | $1.3M | — | as long as short |
| BloFin RARE-USDTlong | +0.0091% | 4h | 0.01325 | long leg | $105K | $12K | 25x | |
| Aster RAREUSDT | +0.0100% | 4h | 0.01322 | −0.210% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01322 | −0.210% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01325 | −0.015% | $311K | $90K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01323 | −0.151% | $49K | $25K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01322 | −0.226% | $637K | $175K | 100x | as long as short |
| KuCoin RAREUSDTMshort | +0.0100% | 4h | 0.01323 | −0.151% | $202K | $69K | 30x | |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01322 | −0.226% | $231K | $76K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01326 | +0.048% | $1K | $923 | — | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
Bitget RAREUSDT
Variational Omni RAREShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +3.9527% | 1h | 0.01336 | +0.816% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD