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: BloFin against KuCoin+0.232%50s7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$422as 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%
=The price spread pays, funding is against you. BloFin is 0.297% dearer against KuCoin than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of −0.065%): +$30 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you. 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 | KuCoin VANAUSDTM | 1.1200 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $262K | $33K | 30x |
| Short | BloFin VANA-USDT | 1.1226 | 0.0087 | get 0.0044% / 4h | 3h 30m | $99K | $8K | 50x |
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 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%
- $29.66
- Slippage, 4 orders
- −$405.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$402.6
- Costs to cover
- 4.296%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; BloFin: live order book, 87 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 KuCoin live order book, 41 min ago | 4.46 bp | 184.4 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 87 min ago | 1.79 bp | 25.1 bp −$25 | 63.5 bp −$635 | 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-USDTshort | +0.0087% | 4h | 1.1226 | +0.232% | $99K | $8K | 50x | |
| Aster VANAUSDT | +0.0100% | 4h | 1.1215 | +0.134% | $4K | $39K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1208 | +0.071% | $2.1M | $2.9M | 50x | as long as short |
| Bybit VANAUSDT | +0.0100% | 4h | 1.1214 | +0.125% | $1.2M | $762K | 25x | as long as short |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1217 | +0.152% | $172K | $390K | 20x | as long as short |
| Gate VANA_USDT | +0.0100% | 4h | 1.1210 | +0.089% | $169K | $315K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1210 | +0.089% | $226K | $109K | 20x | as long as short |
| KuCoin VANAUSDTMlong | +0.0100% | 4h | 1.1200 | long leg | $262K | $33K | 30x | |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1210 | +0.089% | $448K | $253K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1208 | +0.071% | — | $6.5M | — | as long as short |
KuCoin VANAUSDTM
BloFin VANA-USDT
Aster VANAUSDT
Binance VANAUSDT
Bybit VANAUSDT
OKX VANA-USDT-SWAP
Gate VANA_USDT
MEXC VANA_USDT
Bitget VANAUSDT
BingX VANA-USDT