Funding you earn now, next payment 08:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.46 per $10,000 · paid last 24h −0.031%
Price spread now: KuCoin against BloFin+0.036%7-day average −0.333% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,157as in the Price arb table
costs, in and out, $10k−$1,19411.937% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 4 days (all we have)−0.432%−$43 · spread now +0.036%, 7d avg −0.333%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.369% dearer against BloFin than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.333%. Mind the row above: over the last 7 days funding on this pair cost −0.316%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SWARMS-USDT | 0.008274 | 0.0999 | pay 0.0500% / 4h | 3h 48m | $231K | $7K | 20x |
| Short | KuCoin SWARMSUSDTM | 0.008277 | 0.1292 | get 0.0646% / 4h | 3h 48m | $778K | $134K | 20x |
BloFin SWARMS-USDT
KuCoin SWARMSUSDTMFunding 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
- $61.51
- Price spread: +0.036% → −0.333%
- $36.92
- Slippage, 4 orders
- −$1,169.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,095.29
- Costs to cover
- 11.937%
- Break-even
- 131.6 days
Slippage from BloFin: live order book, 42 min ago; KuCoin: live order book, 31 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, 42 min ago | 8.51 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 16.95 bp | 520.4 bp −$520 | doesn't fit | doesn't fit | doesn't fit |
SWARMS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008271 | −0.036% | $954K | $103K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0982% | 4h | 0.008271 | −0.036% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDTlong | +0.0999% | 4h | 0.008274 | long leg | $231K | $7K | 20x | |
| Extended SWARMS-USD | +0.1000% | 1h | 0.008269 | −0.055% | $7K | $143K | 5x | as long as short |
| Binance SWARMSUSDT | +0.1001% | 4h | 0.008272 | −0.026% | $3.5M | $3.7M | 20x | as long as short |
| MEXC SWARMS_USDT | +0.1014% | 4h | 0.008269 | −0.060% | $152K | $98K | 100x | as long as short |
| KuCoin SWARMSUSDTMshort | +0.1292% | 4h | 0.008277 | +0.036% | $778K | $134K | 20x | |
| Aster SWARMSUSDT | +0.1488% | 4h | 0.008280 | +0.073% | $31K | $139K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3354% | 1h | 0.008321 | +0.563% | $9K | $209 | 10x | as long as short |
Gate SWARMS_USDT
BingX SWARMS-USDT
Extended SWARMS-USD
Binance SWARMSUSDT
MEXC SWARMS_USDT
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD