Funding you earn now, next payment 08:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.154%
Price spread now: BloFin against KuCoin−0.253%95s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,332as 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−$1,39713.972% of the position
Funding, last 7 days+0.654%+$65 on $10k
+Price spread, last 4 days (all we have)+0.444%+$44 · spread now −0.253%, 7d avg +0.008%
=Funding pays, the price is against you. BloFin is 0.262% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.253% now, against its 7-day average of +0.008%). If the spread goes back, that is −$26 on $10k: about 2.7 days of funding at the current rate (+$10 a day). 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 SONICUSDTM | 0.02763 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $512K | $24K | 10x |
| Short | BloFin SONIC-USDT | 0.02756 | 0.0424 | get 0.0212% / 4h | 3h 29m | $133K | $4K | 10x |
KuCoin SONICUSDTM
BloFin SONIC-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
- $68.02
- Price spread: −0.253% → +0.008%
- −$26.16
- Slippage, 4 orders
- −$1,373.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,355.3
- Costs to cover
- 13.972%
- Break-even
- 146.5 days
Slippage from KuCoin: live order book, 44 min ago; BloFin: live order book, 59 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, 44 min ago | 79.71 bp | 550.5 bp −$550 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 7.58 bp | 30.1 bp −$30 | 141.0 bp −$1,410 | doesn't fit | doesn't fit |
SONIC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SONICUSDT | +0.0100% | 4h | 0.02751 | −0.434% | $1.1M | $1.2M | 25x | as long as short |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02750 | −0.471% | $135K | $98K | 25x | as long as short |
| KuCoin SONICUSDTMlong | +0.0100% | 4h | 0.02763 | long leg | $512K | $24K | 10x | |
| Bitget SONICUSDT | +0.0100% | 4h | 0.02750 | −0.471% | $423K | $494K | 10x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02761 | −0.090% | $3K | $2K | — | as long as short |
| BloFin SONIC-USDTshort | +0.0424% | 4h | 0.02756 | −0.253% | $133K | $4K | 10x | |
| Binance SONICUSDT | +0.0456% | 4h | 0.02748 | −0.556% | $1.4M | $2.6M | 10x | as long as short |
| MEXC SONIC_USDT | +0.0470% | 4h | 0.02748 | −0.543% | $905K | $136K | 50x | as long as short |
Bybit SONICUSDT
Gate SONIC_USDT
Bitget SONICUSDT
Variational Omni SONIC
Binance SONICUSDT
MEXC SONIC_USDT