Funding you earn now, next payment 12:00 UTC−0.0462%/8h= −50.6% APRnext payment −$2.31 per $10,000 · paid last 24h −0.156%
Price spread now: KuCoin against BloFin+0.267%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,524as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,432as in the Price arb table
costs, in and out, $10k−$1,45914.586% of the position
Funding, last 7 days−0.655%−$66 on $10k
+Price spread, last 4 days (all we have)−0.497%−$50 · spread now +0.267%, 7d avg −0.003%
=The price spread pays, funding is against you. KuCoin is 0.270% dearer against BloFin than usual: you sell high and buy low (spread +0.267% now, against its 7-day average of −0.003%): +$27 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SONIC-USDT | 0.02624 | 0.0562 | pay 0.0281% / 4h | 9m 09s | $119K | $24K | 10x |
| Short | KuCoin SONICUSDTM | 0.02631 | 0.0100 | get 0.0050% / 4h | 9m 09s | $489K | $23K | 10x |
BloFin SONIC-USDT
KuCoin SONICUSDTMFunding 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
- −$97.08
- Price spread: +0.267% → −0.003%
- $26.96
- Slippage, 4 orders
- −$1,434.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,528.76
- Costs to cover
- 14.586%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; KuCoin: live order book, 16 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, 15 min ago | 3.82 bp | 21.8 bp −$22 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 41.92 bp | 711.6 bp −$712 | doesn't fit | doesn't fit | doesn't fit |
SONIC on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SONICUSDT | +0.0100% | 4h | 0.02627 | +0.114% | $1.1M | $2.3M | 25x | as long as short |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02621 | −0.114% | $135K | $142K | 25x | as long as short |
| KuCoin SONICUSDTMshort | +0.0100% | 4h | 0.02631 | +0.267% | $489K | $23K | 10x | |
| Bitget SONICUSDT | +0.0100% | 4h | 0.02627 | +0.114% | $467K | $662K | 10x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02618 | −0.237% | $3K | $4K | — | as long as short |
| MEXC SONIC_USDT | +0.0526% | 4h | 0.02628 | +0.152% | $873K | $170K | 50x | as long as short |
| Binance SONICUSDT | +0.0542% | 4h | 0.02626 | +0.076% | $1.2M | $4.4M | 10x | as long as short |
| BloFin SONIC-USDTlong | +0.0562% | 4h | 0.02624 | long leg | $119K | $24K | 10x |
Bybit SONICUSDT
Gate SONIC_USDT
Bitget SONICUSDT
Variational Omni SONIC
MEXC SONIC_USDT
Binance SONICUSDT