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

SFP

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against KuCoin−0.131%95s7-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
Funding pays, the price is against you. BloFin is 0.131% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.028% in total) that is about 32 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SFPUSDTM0.30510.0100pay 0.0100% / 8h6h 57m$58K$9K20x
ShortBloFin SFP-USDT0.30470.0127get 0.0127% / 8h6h 57m$233K$5K75x

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

Profit calculator

Funding earned
$5.72
Price spread: −0.131% → 0.000%
−$13.11
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$31.39
Costs to cover
0.240%
Break-even
45.4 days
Slippage unknown: KuCoin: no order-book sample; BloFin: live order book, 59 min ago. 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 KuCoin no order-book sample
Sell BloFin live order book, 59 min ago6.57 bp53.2 bp −$53110.4 bp −$1,104doesn't fitdoesn't fit
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%8h0.3050−0.033%$1.4Mas long as short
Binance SFPUSDT+0.0100%8h0.3049−0.067%$3.8M$1.4M75xas long as short
Gate SFP_USDT+0.0100%8h0.3044−0.229%$30K$30K50xas long as short
MEXC SFP_USDT+0.0100%8h0.3049−0.066%$857K$147K200xas long as short
KuCoin SFPUSDTMlong+0.0100%8h0.3051long leg$58K$9K20x
Bitget SFPUSDT+0.0100%8h0.3049−0.066%$82K$53K75xas long as short
Variational Omni SFP+0.0100%8h0.3051+0.014%$15K$208as long as short
BloFin SFP-USDTshort+0.0127%8h0.3047−0.131%$233K$5K75x