Funding you earn now, next payment 01:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.074%
Price spread now: KuCoin against Bluefin−0.116%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$748as in the Funding arb table
Net, price: spread back to 7d avg − costs−$879as in the Price arb table
costs, in and out, $10k−$8898.888% of the position
Funding, last 7 days+1.408%+$141 on $10k
+Price spread, last 3 days (all we have)−0.314%−$31 · spread now −0.116%, 7d avg −0.214%
=The price spread pays, funding is against you. KuCoin is 0.098% dearer against Bluefin than usual: you sell high and buy low (spread −0.116% now, against its 7-day average of −0.214%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 7 days funding on this pair paid +1.408%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin WAL-PERP | 0.03445 | 0.0174 | pay 0.0022% / 1h | 36m 32s | $32K | $758K | 20x |
| Short | KuCoin WALUSDTM | 0.03441 | 0.0100 | get 0.0050% / 4h | 3h 36m | $342K | $71K | 30x |
Bluefin WAL-PERP
KuCoin WALUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bluefin. 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
- −$15.44
- Price spread: −0.116% → −0.214%
- $9.81
- Slippage, 4 orders
- −$869.83
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$894.47
- Costs to cover
- 8.888%
- Break-even
- never at this rate
Slippage from Bluefin: live order book, 38 min ago; KuCoin: live order book, 15 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 Bluefin live order book, 38 min ago | 2.93 bp | 132.6 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 14.60 bp | 242.7 bp −$243 | doesn't fit | doesn't fit | doesn't fit |
WAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WALUSDT | +0.0100% | 4h | 0.03441 | −0.113% | $2.3M | $6.3M | 75x | as long as short |
| Bybit WALUSDT | +0.0100% | 4h | 0.03442 | −0.087% | $1.3M | $1.5M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03437 | −0.232% | $221K | $861K | 10x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03438 | −0.203% | $292K | $426K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03441 | −0.116% | $565K | $270K | 20x | as long as short |
| KuCoin WALUSDTMshort | +0.0100% | 4h | 0.03441 | −0.116% | $342K | $71K | 30x | |
| Bitget WALUSDT | +0.0100% | 4h | 0.03443 | −0.058% | $588K | $865K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03440 | −0.145% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03437 | −0.233% | $21K | $7K | — | as long as short |
| Bluefin WAL-PERPlong | +0.0174% | 1h | 0.03445 | long leg | $32K | $758K | 20x |
Binance WALUSDT
Bybit WALUSDT
OKX WAL-USDT-SWAP
Gate WAL_USDT
MEXC WAL_USDT
Bitget WALUSDT
BingX WAL-USDT
Variational Omni WAL