Settings8H · net · $10k
Funding arb · Price arb /

SFP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.163%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.163% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SFP-USDT0.30700.0121pay 0.0121% / 8h7h 54m$233K$4K75x
ShortKuCoin SFPUSDTM0.30650.0100get 0.0100% / 8h7h 54m$58K$10K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$4.42
Price spread: −0.163% → 0.000%
−$16.29
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$44.71
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 11 min ago; KuCoin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 11 min ago6.53 bp23.8 bp −$24135.4 bp −$1,354doesn't fitdoesn't fit
Sell KuCoin no order-book sample
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SFP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SFP-USDT+0.0070%8h0.3066−0.130%$1.4Mas long as short
Binance SFPUSDT+0.0100%8h0.3066−0.130%$3.8M$1.4M75xas long as short
Gate SFP_USDT+0.0100%8h0.3068−0.065%$32K$28K50xas long as short
MEXC SFP_USDT+0.0100%8h0.3066−0.130%$887K$158K200xas long as short
KuCoin SFPUSDTMshort+0.0100%8h0.3065−0.163%$58K$10K20x
Bitget SFPUSDT+0.0100%8h0.3067−0.098%$80K$48K75xas long as short
Variational Omni SFP+0.0100%8h0.3069−0.046%$15K$208as long as short
BloFin SFP-USDTlong+0.0121%8h0.3070long leg$233K$4K75x