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

THE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against BloFin+0.231%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,886as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,843as in the Price arb table
costs, in and out, $10k−$1,87518.745% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)−0.607%−$61 · spread now +0.231%, 7d avg −0.086%
Together, before fees−0.718%−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.317% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin THE-USDT0.082250.0304pay 0.0152% / 4h2h 18m$131K$8K50x
ShortKuCoin THEUSDTM0.082440.0408get 0.0204% / 4h2h 18m$120K$119K10x

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
$21.77
Price spread: +0.231% → −0.086%
$31.7
Slippage, 4 orders
−$1,850.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,821.07
Costs to cover
18.745%
Break-even
592.6 days
Slippage from BloFin: live order book, 25 min ago; KuCoin: live order book, 22 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, 25 min ago5.49 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 22 min ago11.59 bp943.7 bp −$944doesn't fitdoesn't fitdoesn't fit

THE on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster THEUSDT+0.0197%4h0.08230+0.066%$7K$17K5xas long as short
BloFin THE-USDTlong+0.0304%4h0.08225long leg$131K$8K50x
Gate THE_USDT+0.0332%4h0.08240+0.182%$68K$72K10xas long as short
MEXC THE_USDT+0.0342%4h0.08232+0.085%$232K$167K50xas long as short
Binance THEUSDT+0.0344%4h0.08236+0.132%$2.0M$5.2M10xas long as short
KuCoin THEUSDTMshort+0.0408%4h0.08244+0.231%$120K$119K10x
Bitget THEUSDT+0.1034%4h0.08239+0.170%$479K$436K10xas long as short
BingX THE-USDT+0.1664%4h0.08237+0.146%$6.5Mas long as short
Bybit THEUSDT+0.1828%4h0.08226+0.012%$550K$479K20xas long as short