Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.236%
Price spread now: BloFin against KuCoin−0.409%7-day average −0.267% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,827as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,731as in the Price arb table
costs, in and out, $10k−$1,71717.166% of the position
Funding, last 7 days−1.104%−$110 on $10k
+Price spread, last 4 days (all we have)−0.317%−$32 · spread now −0.409%, 7d avg −0.267%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.143% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.267%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TAKEUSDTM | 0.05861 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $423K | $22K | 20x |
| Short | BloFin TAKE-USDT | 0.05837 | 0.0057 | get 0.0028% / 4h | 2h 54m | $185K | $10K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$9.1
- Price spread: −0.409% → −0.267%
- −$14.25
- Slippage, 4 orders
- −$1,692.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,739.93
- Costs to cover
- 17.166%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 27 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 KuCoin live order book, 3 min ago | 70.79 bp | 828.8 bp −$829 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 4.30 bp | 58.6 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
TAKE on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TAKE-USDTshort | +0.0057% | 4h | 0.05837 | −0.409% | $185K | $10K | 10x | |
| Binance TAKEUSDT | +0.0100% | 4h | 0.05841 | −0.341% | $3.9M | $841K | 10x | as long as short |
| Gate TAKE_USDT | +0.0100% | 4h | 0.05825 | −0.614% | $310K | $39K | 20x | as long as short |
| MEXC TAKE_USDT | +0.0100% | 4h | 0.05840 | −0.358% | $175K | $97K | 50x | as long as short |
| KuCoin TAKEUSDTMlong | +0.0100% | 4h | 0.05861 | long leg | $423K | $22K | 20x | |
| BingX TAKE-USDT | +0.0100% | 4h | 0.05841 | −0.341% | — | $2.3M | — | as long as short |
| Aster TAKEUSDT | +0.0160% | 4h | 0.05834 | −0.460% | $10K | $10K | 5x | as long as short |
KuCoin TAKEUSDTM
BloFin TAKE-USDT
Binance TAKEUSDT
Gate TAKE_USDT
MEXC TAKE_USDT
BingX TAKE-USDT
Aster TAKEUSDT