Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.1% APRnext payment −$2.29 per $10,000 · paid last 24h −0.127%
Price spread now: KuCoin against BloFin−0.191%95s7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$317as 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−$2812.810% of the position
Funding, last 7 days−0.361%−$36 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.191%, 7d avg −0.212%
=The price spread pays, funding is against you. KuCoin is 0.020% dearer against BloFin than usual: you sell high and buy low (spread −0.191% now, against its 7-day average of −0.212%): +$2 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.361% in total) that is about 9 hours. 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 1000RATS-USDT | 0.00004179 | 0.0646 | pay 0.0323% / 4h | 1h 19m | $1.0M | $9K | 40x |
| Short | KuCoin 1000RATSUSDTM | 0.00004171 | 0.0188 | get 0.0094% / 4h | 1h 19m | $622K | $80K | 30x |
BloFin 1000RATS-USDT
KuCoin 1000RATSUSDTMFunding 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
- −$96.15
- Price spread: −0.191% → −0.212%
- $2.01
- Slippage, 4 orders
- −$256.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$375.09
- Costs to cover
- 2.810%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 53 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, 2 min ago | 1.20 bp | 24.7 bp −$25 | 127.2 bp −$1,272 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 9.60 bp | 176.5 bp −$176 | 907.1 bp −$9,071 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004165 | −0.335% | $2.4M | $418K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0100% | 4h | 0.00004175 | −0.096% | $1.5M | $331K | 25x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0188% | 4h | 0.00004171 | −0.191% | $622K | $80K | 30x | |
| Bybit 1000RATSUSDT | +0.0384% | 4h | 0.00004172 | −0.168% | $4.2M | $876K | 20x | as long as short |
| BingX RATS-USDT | +0.0606% | 4h | 0.00004178 | −0.024% | — | $1.2M | — | as long as short |
| BloFin 1000RATS-USDTlong | +0.0646% | 4h | 0.00004179 | long leg | $1.0M | $9K | 40x | |
| edgeX 1000RATSUSDC | +0.0650% | 4h | 0.00004183 | +0.085% | $33K | $292K | 10x | as long as short |
| MEXC 1000RATS_USDT | +0.0660% | 4h | 0.00004183 | +0.096% | $817K | $180K | 125x | as long as short |
| Binance 1000RATSUSDT | +0.0662% | 4h | 0.00004181 | +0.048% | $11.0M | $2.0M | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1135% | 4h | 0.00004178 | −0.019% | $20K | $15K | 5x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
Bybit 1000RATSUSDT
BingX RATS-USDT
edgeX 1000RATSUSDC
MEXC 1000RATS_USDT
Binance 1000RATSUSDT
Aster 1000RATSUSDT