Funding you earn now, next payment 08:00 UTC−0.0264%/8h= −28.9% APRnext payment −$2.64 per $10,000 · paid last 24h +0.049%
Price spread now: KuCoin against BloFin−0.177%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.177% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin WAVES-USDT | 0.2821 | 0.0364 | pay 0.0364% / 8h | 1h 58m | $90K | $22K | 20x |
| Short | KuCoin WAVESUSDTM | 0.2816 | 0.0100 | get 0.0100% / 8h | 1h 58m | $361K | $35K | 20x |
BloFin WAVES-USDT
KuCoin WAVESUSDTMFunding 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
- −$55.35
- Price spread: −0.177% → 0.000%
- −$17.72
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$97.07
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 59 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 59 min ago | 38.90 bp | 415.3 bp −$415 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WAVES on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTMshort | +0.0100% | 8h | 0.2816 | −0.177% | $361K | $35K | 20x | |
| BingX WAVES-USDT | +0.0330% | 8h | 0.2822 | +0.035% | — | $1.3M | — | as long as short |
| BloFin WAVES-USDTlong | +0.0364% | 8h | 0.2821 | long leg | $90K | $22K | 20x | |
| MEXC WAVES_USDT | +0.0368% | 8h | 0.2824 | +0.106% | $470K | $125K | 20x | as long as short |
| Bybit WAVESUSDT | +0.0372% | 8h | 0.2823 | +0.071% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni WAVES | +0.0419% | 8h | 0.2823 | +0.088% | $686 | $2K | — | as long as short |
BingX WAVES-USDT
MEXC WAVES_USDT
Bybit WAVESUSDT
Variational Omni WAVES