Funding you earn now, next payment 12:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against KuCoin+0.152%65s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$430as 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−$4274.273% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.152%, 7d avg −0.001%
=The price spread pays, funding is against you. BloFin is 0.153% dearer against KuCoin than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.001%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.030% in total) that is about 36 days. The two prices were read 65 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 | KuCoin RAREUSDTM | 0.01314 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $203K | $69K | 30x |
| Short | BloFin RARE-USDT | 0.01316 | 0.0057 | get 0.0029% / 4h | 3h 28m | $105K | $19K | 25x |
KuCoin RAREUSDTM
BloFin RARE-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
- −$8.96
- Price spread: +0.152% → −0.001%
- $15.29
- Slippage, 4 orders
- −$403.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$420.99
- Costs to cover
- 4.273%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 63 min ago; BloFin: live order book, 27 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, 63 min ago | 26.49 bp | 229.4 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 3.78 bp | 28.9 bp −$29 | 91.1 bp −$911 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RARE-USDTshort | +0.0057% | 4h | 0.01316 | +0.152% | $105K | $19K | 25x | |
| BingX RARE-USDT | +0.0070% | 4h | 0.01314 | 0.000% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01313 | −0.114% | $7K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01314 | −0.016% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01315 | +0.084% | $308K | $90K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01314 | 0.000% | $49K | $25K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01313 | −0.076% | $632K | $176K | 100x | as long as short |
| KuCoin RAREUSDTMlong | +0.0100% | 4h | 0.01314 | long leg | $203K | $69K | 30x | |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01312 | −0.152% | $229K | $75K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01316 | +0.124% | $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 | +3.9807% | 1h | 0.01326 | +0.943% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD