STABLE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against BloFin+0.448%80s7-day average +0.140% · you sell dearer than you buy

Net, funding: paid 7d − costs−$526as 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−$5375.366% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.111%+$11 on $10k

Price spread, last 4 days (all we have)−0.408%−$41 · spread now +0.448%, 7d avg +0.140%

Together, before fees−0.298%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.308% dearer against BloFin than usual: you sell high and buy low (spread +0.448% now, against its 7-day average of +0.140%): +$31 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.111%, 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 STABLE-USDT	0.02453	0.0158	pay 0.0079% / 4h	45m 57s	$118K	$7K	75x
Short	KuCoin STABLEUSDTM	0.02464	0.0100	get 0.0050% / 4h	45m 57s	$182K	$28K	30x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.448%Rate

Funding earned: −$12.15
Price spread: +0.448% → +0.140%: $30.83
Slippage, 4 orders: −$512.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$517.91
Costs to cover: 5.366%
Break-even: never at this rate

Slippage from BloFin: live order book, 50 min ago; KuCoin: live order book, 34 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, 50 min ago	2.02 bp	15.9 bp −$16	50.7 bp −$507	doesn't fit	doesn't fit
Sell KuCoin live order book, 34 min ago	6.00 bp	222.2 bp −$222	doesn't fit	doesn't fit	doesn't fit

STABLE on 15 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
Lighter STABLE	+0.0096%	1h	0.02472	+0.787%	$114K	$6K	3x	as long as short
Hyperliquid STABLE	+0.0100%	1h	0.02460	+0.289%	$864K	$187K	3x	as long as short
Aster STABLEUSDT	+0.0100%	4h	0.02456	+0.138%	$18K	$8K	20x	as long as short
Binance STABLEUSDT	+0.0100%	4h	0.02459	+0.265%	$2.5M	$2.7M	75x	as long as short
Bybit STABLEUSDT	+0.0100%	4h	0.02462	+0.363%	$1.5M	$774K	25x	as long as short
OKX STABLE-USDT-SWAP	+0.0100%	4h	0.02456	+0.122%	$202K	$382K	20x	as long as short
Gate STABLE_USDT	+0.0100%	4h	0.02458	+0.204%	$174K	$59K	50x	as long as short
MEXC STABLE_USDT	+0.0100%	4h	0.02460	+0.285%	$588K	$161K	20x	as long as short
KuCoin STABLEUSDTMshort	+0.0100%	4h	0.02464	+0.448%	$182K	$28K	30x
Bitget STABLEUSDT	+0.0100%	4h	0.02460	+0.285%	$282K	$90K	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX STABLE-USDT	+0.0100%	4h	0.02462	+0.367%	—	$6.5M	—	as long as short
Variational Omni STABLE	+0.0100%	4h	0.02463	+0.389%	$144K	$50K	—	as long as short
SunX STABLE-USDT	+0.0100%	4h	0.02458	+0.200%	$2K	$854K	20x	as long as short
Extended STABLE-USD	+0.0104%	1h	0.02459	+0.240%	$12K	$138K	10x	as long as short
BloFin STABLE-USDTlong	+0.0158%	4h	0.02453	long leg	$118K	$7K	75x