Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.291%95s7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as 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−$2202.202% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.291%, 7d avg +0.102%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.189% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.102%. The two prices were read 95 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 TURBO-USDT | 0.001065 | 0.0051 | pay 0.0025% / 4h | 1h 29m | $156K | $478K | 75x |
| Short | KuCoin TURBOUSDTM | 0.001068 | 0.0100 | get 0.0050% / 4h | 1h 29m | $1.8M | $887K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.39
- Price spread: +0.291% → +0.102%
- $18.93
- Slippage, 4 orders
- −$196.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$190.85
- Costs to cover
- 2.202%
- Break-even
- 135.6 days
Slippage from BloFin: live order book, 56 min ago; KuCoin: live order book, 7 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, 56 min ago | 3.84 bp | 13.1 bp −$13 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 16.91 bp | 92.3 bp −$92 | 548.0 bp −$5,480 | doesn't fit | doesn't fit |
TURBO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TURBOUSD | −0.0344% | 1h | 0.001067 | +0.180% | $70K | $31K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | +0.347% | $83 | $4 | 5.5x | as long as short |
| BloFin TURBO-USDTlong | +0.0051% | 4h | 0.001065 | long leg | $156K | $478K | 75x | |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001068 | +0.253% | $318K | $167K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001069 | +0.346% | $9K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001068 | +0.253% | $2.9M | $6.5M | 50x | as long as short |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001070 | +0.451% | $391K | $781K | 25x | as long as short |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001068 | +0.282% | $893K | $2.3M | 20x | as long as short |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001068 | +0.253% | $386K | $343K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001068 | +0.207% | $5.5M | $613K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TURBOUSDTMshort | +0.0100% | 4h | 0.001068 | +0.291% | $1.8M | $887K | 20x | |
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001067 | +0.160% | $1.0M | $589K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001069 | +0.300% | — | $9.4M | — | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001068 | +0.227% | $2K | $166K | 5x | as long as short |
BloFin TURBO-USDT
KuCoin TURBOUSDTM
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
Bybit 1000TURBOUSDT
OKX TURBO-USDT-SWAP
Gate TURBO_USDT
MEXC TURBO_USDT
Bitget TURBOUSDT
BingX TURBO-USDT
Extended TURBO-USD