Funding you earn now, next payment 04:00 UTC−0.0559%/8h= −61.2% APRnext payment −$2.80 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against BloFin+0.062%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,334as in the Price arb table
costs, in and out, $10k−$1,35113.507% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)−0.373%−$37 · spread now +0.062%, 7d avg −0.101%
=The price spread pays, funding is against you. KuCoin is 0.162% dearer against BloFin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.101%): +$16 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.256% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.256% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.80 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 TAC-USDT | 0.001621 | 0.0755 | pay 0.0378% / 4h | 22m 42s | $181K | $4K | 10x |
| Short | KuCoin TACUSDTM | 0.001622 | 0.0196 | get 0.0098% / 4h | 22m 42s | $1.4M | $192K | 10x |
BloFin TAC-USDT
KuCoin TACUSDTMFunding 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
- −$117.44
- Price spread: +0.062% → −0.101%
- $16.25
- Slippage, 4 orders
- −$1,326.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,451.92
- Costs to cover
- 13.507%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago | 6.16 bp | 20.4 bp −$20 | 87.8 bp −$878 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.17 bp | 659.7 bp −$660 | doesn't fit | doesn't fit | doesn't fit |
TAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TACUSDTMshort | +0.0196% | 4h | 0.001622 | +0.062% | $1.4M | $192K | 10x | |
| Variational Omni TAC | +0.0375% | 4h | 0.001622 | +0.043% | $16 | — | — | as long as short |
| Bybit TACUSDT | +0.0531% | 4h | 0.001622 | +0.062% | $1.2M | $191K | 5x | as long as short |
| Aster TACUSDT | +0.0595% | 4h | 0.001623 | +0.141% | $23K | $11K | 5x | as long as short |
| BingX TAC-USDT | +0.0692% | 4h | 0.001622 | +0.062% | — | $1.3M | — | as long as short |
| MEXC TAC_USDT | +0.0734% | 4h | 0.001622 | +0.062% | $473K | $135K | 50x | as long as short |
| Binance TACUSDT | +0.0734% | 4h | 0.001623 | +0.123% | $2.8M | $2.3M | 10x | as long as short |
| Extended TAC-USD | +0.0736% | 1h | 0.001621 | −0.028% | $1K | $152K | 5x | as long as short |
| BloFin TAC-USDTlong | +0.0755% | 4h | 0.001621 | long leg | $181K | $4K | 10x | |
| Gate TAC_USDT | +0.0790% | 4h | 0.001624 | +0.185% | $252K | $186K | 10x | as long as short |
Variational Omni TAC
Bybit TACUSDT
Aster TACUSDT
BingX TAC-USDT
MEXC TAC_USDT
Binance TACUSDT
Extended TAC-USD
Gate TAC_USDT