Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against BloFin−0.086%80s7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as 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−$2962.958% of the position
Funding, last 7 days+0.417%+$42 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.086%, 7d avg +0.074%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.161% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.417%, so the current rate has only just turned against you. The two prices were read 80 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 SKL-USDT | 0.004632 | 0.0129 | pay 0.0064% / 4h | 17m 49s | $184K | $38K | 50x |
| Short | KuCoin SKLUSDTM | 0.004628 | 0.0100 | get 0.0050% / 4h | 17m 49s | $827K | $349K | 30x |
BloFin SKL-USDT
KuCoin SKLUSDTMFunding 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
- −$6.04
- Price spread: −0.086% → +0.074%
- −$16.06
- Slippage, 4 orders
- −$271.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$317.89
- Costs to cover
- 2.958%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; KuCoin: live order book, 12 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 | 4.31 bp | 22.4 bp −$22 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 6.47 bp | 128.0 bp −$128 | 557.9 bp −$5,579 | doesn't fit | doesn't fit |
SKL 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKLUSDT | +0.0100% | 4h | 0.004625 | −0.144% | $2.8M | $8.7M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004626 | −0.130% | $894K | $987K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004620 | −0.259% | $193K | $231K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004624 | −0.173% | $394K | $195K | 20x | as long as short |
| KuCoin SKLUSDTMshort | +0.0100% | 4h | 0.004628 | −0.086% | $827K | $349K | 30x | |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004623 | −0.194% | $493K | $852K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004626 | −0.130% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004628 | −0.083% | $710 | $1K | — | as long as short |
| BloFin SKL-USDTlong | +0.0129% | 4h | 0.004632 | long leg | $184K | $38K | 50x | |
| Kraken Futures PF_SKLUSD | +0.1991% | 1h | 0.004633 | +0.028% | $5K | $5K | 10x | as long as short |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD