Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.017%
Price spread now: BloFin against KuCoin−0.131%95s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as 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−$2592.590% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.131%, 7d avg −0.072%
=Funding pays, the price is against you. BloFin is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.072%). If the spread goes back, that is −$6 on $10k: about 5.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour. 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 | KuCoin SKLUSDTM | 0.004587 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $813K | $332K | 30x |
| Short | BloFin SKL-USDT | 0.004581 | 0.0138 | get 0.0069% / 4h | 2h 29m | $179K | $21K | 50x |
KuCoin SKLUSDTM
BloFin SKL-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
- $7.95
- Price spread: −0.131% → −0.072%
- −$5.89
- Slippage, 4 orders
- −$235.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$256.96
- Costs to cover
- 2.590%
- Break-even
- 233.1 days
Slippage from KuCoin: live order book, 55 min ago; BloFin: live order book, 51 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, 55 min ago | 6.51 bp | 94.3 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 3.24 bp | 23.6 bp −$24 | 71.5 bp −$715 | 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 | 0.004587 | 0.000% | $2.8M | $8.3M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004585 | −0.044% | $870K | $944K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004580 | −0.153% | $180K | $220K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004585 | −0.044% | $377K | $192K | 20x | as long as short |
| KuCoin SKLUSDTMlong | +0.0100% | 4h | 0.004587 | long leg | $813K | $332K | 30x | |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004584 | −0.065% | $490K | $816K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004585 | −0.044% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004580 | −0.146% | $803 | $1K | — | as long as short |
| BloFin SKL-USDTshort | +0.0138% | 4h | 0.004581 | −0.131% | $179K | $21K | 50x | |
| Kraken Futures PF_SKLUSD | +0.1886% | 1h | 0.004596 | +0.195% | $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