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

TAKE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.421%−$142 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TAKEUSDTM0.058610.0100pay 0.0050% / 4h2h 54m$423K$22K20x
ShortBloFin TAKE-USDT0.058370.0057get 0.0028% / 4h2h 54m$185K$10K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago70.79 bp828.8 bp −$829doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 27 min ago4.30 bp58.6 bp −$59doesn'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
BloFin TAKE-USDTshort+0.0057%4h0.05837−0.409%$185K$10K10x
Binance TAKEUSDT+0.0100%4h0.05841−0.341%$3.9M$841K10xas long as short
Gate TAKE_USDT+0.0100%4h0.05825−0.614%$310K$39K20xas long as short
MEXC TAKE_USDT+0.0100%4h0.05840−0.358%$175K$97K50xas long as short
KuCoin TAKEUSDTMlong+0.0100%4h0.05861long leg$423K$22K20x
BingX TAKE-USDT+0.0100%4h0.05841−0.341%$2.3Mas long as short
Aster TAKEUSDT+0.0160%4h0.05834−0.460%$10K$10K5xas long as short