Settings8H · net · $10k
Funding arb · Price arb /

TAKE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0589%/8h= +64.5% APRnext payment +$2.94 per $10,000 · paid last 24h +0.316%
Price spread now: KuCoin against BloFin+0.592%95s7-day average +0.265% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,705as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,81518.154% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.103%+$110 on $10k
Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.592%, 7d avg +0.265%
Together, before fees+0.966%+$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and KuCoin is 0.327% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.265%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TAKE-USDT0.059130.0111pay 0.0056% / 4h3h 37m$261K$10K10x
ShortKuCoin TAKEUSDTM0.059480.0700get 0.0350% / 4h3h 37m$431K$26K20x

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

Funding earned
$123.62
Price spread: +0.592% → +0.265%
$32.69
Slippage, 4 orders
−$1,791.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,659.07
Costs to cover
18.154%
Break-even
100.9 days
Slippage from BloFin: live order book, 28 min ago; KuCoin: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 28 min ago3.36 bp57.0 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago75.01 bp764.7 bp −$765doesn't fitdoesn't fitdoesn't fit

TAKE on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TAKE_USDT+0.0100%4h0.05906−0.118%$318K$39K20xas long as short
BloFin TAKE-USDTlong+0.0111%4h0.05913long leg$261K$10K10x
Binance TAKEUSDT+0.0138%4h0.05917+0.065%$4.0M$823K10xas long as short
MEXC TAKE_USDT+0.0146%4h0.05916+0.051%$188K$97K50xas long as short
BingX TAKE-USDT+0.0174%4h0.05918+0.085%$2.3Mas long as short
Aster TAKEUSDT+0.0414%4h0.05912−0.020%$9K$9K5xas long as short
KuCoin TAKEUSDTMshort+0.0700%4h0.05948+0.592%$431K$26K20x