Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against BloFin−0.232%95s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$438as 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−$4304.296% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.232%, 7d avg +0.065%
=Funding pays, the price is against you. KuCoin is 0.296% cheaper against BloFin than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of +0.065%). If the spread goes back, that is −$30 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour. 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 VANA-USDT | 1.1226 | 0.0087 | pay 0.0044% / 4h | 3h 29m | $99K | $8K | 50x |
| Short | KuCoin VANAUSDTM | 1.1200 | 0.0100 | get 0.0050% / 4h | 3h 29m | $262K | $33K | 30x |
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
- $2.66
- Price spread: −0.232% → +0.065%
- −$29.61
- Slippage, 4 orders
- −$405.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$456.55
- Costs to cover
- 4.296%
- Break-even
- 1207.4 days
Slippage from BloFin: live order book, 87 min ago; KuCoin: live order book, 42 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, 87 min ago | 1.79 bp | 13.2 bp −$13 | 38.5 bp −$385 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 4.46 bp | 206.9 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
VANA on 10 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 VANA-USDTlong | +0.0087% | 4h | 1.1226 | long leg | $99K | $8K | 50x | |
| Aster VANAUSDT | +0.0100% | 4h | 1.1214 | −0.103% | $4K | $39K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1206 | −0.178% | $2.1M | $2.9M | 50x | as long as short |
| Bybit VANAUSDT | +0.0100% | 4h | 1.1207 | −0.169% | $1.2M | $762K | 25x | as long as short |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1198 | −0.249% | $172K | $390K | 20x | as long as short |
| Gate VANA_USDT | +0.0100% | 4h | 1.1210 | −0.143% | $169K | $315K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1210 | −0.143% | $226K | $109K | 20x | as long as short |
| KuCoin VANAUSDTMshort | +0.0100% | 4h | 1.1200 | −0.232% | $262K | $33K | 30x | |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1200 | −0.232% | $448K | $253K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1205 | −0.187% | — | $6.5M | — | as long as short |
BloFin VANA-USDT
KuCoin VANAUSDTM
Aster VANAUSDT
Binance VANAUSDT
Bybit VANAUSDT
OKX VANA-USDT-SWAP
Gate VANA_USDT
MEXC VANA_USDT
Bitget VANAUSDT
BingX VANA-USDT