Funding you earn now, next payment 08:00 UTC+0.0275%/8h= +30.1% APRnext payment +$1.37 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against BloFin+0.019%7-day average −0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$704as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$7197.192% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.019%, 7d avg −0.158%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.178% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.158%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPACE-USDT | 0.005214 | 0.0111 | pay 0.0056% / 4h | 1h 06m | $162K | $12K | 50x |
| Short | KuCoin SPACEUSDTM | 0.005215 | 0.0386 | get 0.0193% / 4h | 1h 06m | $667K | $102K | 20x |
BloFin SPACE-USDT
KuCoin SPACEUSDTMFunding 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
- $57.66
- Price spread: +0.019% → −0.158%
- $17.77
- Slippage, 4 orders
- −$695.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$643.82
- Costs to cover
- 7.192%
- Break-even
- 85.2 days
Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 47 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, 3 min ago | 7.68 bp | 23.8 bp −$24 | 169.3 bp −$1,693 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 24.07 bp | 192.4 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 SPACEUSDT | +0.0100% | 4h | 0.005217 | +0.058% | $1.9M | $2.4M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005206 | −0.153% | $808K | $191K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005205 | −0.173% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005208 | −0.115% | $782K | $350K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005218 | +0.077% | $493K | $165K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005206 | −0.153% | $915K | $282K | 20x | as long as short |
| BloFin SPACE-USDTlong | +0.0111% | 4h | 0.005214 | long leg | $162K | $12K | 50x | |
| KuCoin SPACEUSDTMshort | +0.0386% | 4h | 0.005215 | +0.019% | $667K | $102K | 20x | |
| Aster SPACEUSDT | +0.1161% | 4h | 0.005205 | −0.171% | $17K | $36K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
Bitget SPACEUSDT
Aster SPACEUSDT