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: BloFin against KuCoin+0.178%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.178% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.
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 | KuCoin WAVESUSDTM | 0.2816 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $361K | $35K | 20x |
| Short | BloFin WAVES-USDT | 0.2821 | 0.0364 | get 0.0364% / 8h | 1h 58m | $90K | $22K | 20x |
KuCoin WAVESUSDTM
BloFin WAVES-USDTFunding 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
- $55.35
- Price spread: +0.178% → 0.000%
- $17.76
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $49.1
- Costs to cover
- 0.240%
- Break-even
- 0.8 days
Slippage unknown: KuCoin: live order book, 59 min ago; BloFin: no order-book sample. 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 KuCoin live order book, 59 min ago | 38.90 bp | 514.0 bp −$514 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 WAVESUSDTMlong | +0.0100% | 8h | 0.2816 | long leg | $361K | $35K | 20x | |
| BingX WAVES-USDT | +0.0330% | 8h | 0.2822 | +0.213% | — | $1.3M | — | as long as short |
| BloFin WAVES-USDTshort | +0.0364% | 8h | 0.2821 | +0.178% | $90K | $22K | 20x | |
| MEXC WAVES_USDT | +0.0368% | 8h | 0.2824 | +0.284% | $470K | $125K | 20x | as long as short |
| Bybit WAVESUSDT | +0.0372% | 8h | 0.2824 | +0.284% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni WAVES | +0.0419% | 8h | 0.2823 | +0.266% | $686 | $2K | — | as long as short |
BingX WAVES-USDT
MEXC WAVES_USDT
Bybit WAVESUSDT
Variational Omni WAVES