TOWNS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.046%

Price spread now: KuCoin against BloFin0.000%50s7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,638as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1,63116.314% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)−0.349%−$35 · spread now 0.000%, 7d avg −0.053%

Together, before fees−0.415%−$42 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.053% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TOWNS-USDT	0.002101	0.0058	pay 0.0029% / 4h	3h 44m	$131K	$4K	10x
Short	KuCoin TOWNSUSDTM	0.002101	0.0100	get 0.0050% / 4h	3h 44m	$250K	$31K	10x

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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $8.81
Price spread: 0.000% → −0.053%: $5.35
Slippage, 4 orders: −$1,607.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,617.24
Costs to cover: 16.314%
Break-even: 1291.9 days

Slippage from BloFin: live order book, 12 min ago; KuCoin: live order book, 47 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, 12 min ago	4.76 bp	41.1 bp −$41	258.2 bp −$2,582	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	26.02 bp	692.8 bp −$693	doesn't fit	doesn't fit	doesn't fit

TOWNS on 12 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
Coinbase International TOWNS-PERP-INTX	−0.1992%	1h	0.002121	+0.952%	$79K	$3K	25x	as long as short
BloFin TOWNS-USDTlong	+0.0058%	4h	0.002101	long leg	$131K	$4K	10x
Aster TOWNSUSDT	+0.0100%	4h	0.002101	−0.015%	$10K	$5K	5x	as long as short
Binance TOWNSUSDT	+0.0100%	4h	0.002100	−0.046%	$2.0M	$1.3M	10x	as long as short
Bybit TOWNSUSDT	+0.0100%	4h	0.002100	−0.048%	$378K	$131K	5x	as long as short
Gate TOWNS_USDT	+0.0100%	4h	0.002102	+0.048%	$71K	$16K	10x	as long as short
MEXC TOWNS_USDT	+0.0100%	4h	0.002100	−0.048%	$432K	$136K	100x	as long as short
KuCoin TOWNSUSDTMshort	+0.0100%	4h	0.002101	0.000%	$250K	$31K	10x
Variational Omni TOWNS	+0.0100%	4h	0.002100	−0.064%	$196	$549	—	as long as short
Bitget TOWNSUSDT	+0.0150%	4h	0.002101	0.000%	$347K	$47K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TOWNS-USDT	+0.0162%	4h	0.002100	−0.048%	—	$2.3M	—	as long as short
Deribit TOWNS_USDC-PERPETUAL	+0.3561%	1h	0.002107	+0.286%	—	—	25x	as long as short