Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against KuCoin−0.039%65s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as 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−$850.850% of the position
Funding, last 7 days+0.494%+$49 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.039%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.041% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.494%, so the current rate has only just turned against you. The two prices were read 65 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 WIFUSDTM | 0.2576 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $3.9M | $18.5M | 75x |
| Short | BloFin WIF-USDT | 0.2575 | −0.0140 | pay 0.0070% / 4h | 3h 00m | $1.1M | $1.1M | 75x |
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
- −$50.4
- Price spread: −0.039% → +0.002%
- −$4.1
- Slippage, 4 orders
- −$60.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$139.47
- Costs to cover
- 0.850%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 2 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, 9 min ago | 3.84 bp | 22.7 bp −$23 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 5.81 bp | 18.5 bp −$18 | 30.7 bp −$307 | 91.2 bp −$9,116 | doesn't fit |
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX WIF/USD [WBTC.b-USDC] | L −0.0142% / S +0.0172% | 1h | 0.2576 | −0.016% | $8K | — | 100x | as long as short |
| BloFin WIF-USDTshort | −0.0140% | 4h | 0.2575 | −0.039% | $1.1M | $1.1M | 75x | |
| dYdX WIF-USD | 0.0000% | 1h | 0.2574 | −0.097% | $13K | $587 | 10x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2577 | +0.039% | $4K | — | 150x | as long as short |
| Orderly PERP_WIF_USDC | +0.0096% | 4h | 0.2576 | 0.000% | $6K | $1.1M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2580 | +0.167% | $146K | $856K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2576 | 0.000% | $51K | $632K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2579 | +0.098% | $10.2M | $9.5M | 5x | as long as short |
| Aster WIFUSDT | +0.0100% | 4h | 0.2578 | +0.081% | $32K | $435K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2576 | −0.013% | $80K | $94K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WIFUSDT | +0.0100% | 4h | 0.2579 | +0.110% | $20.8M | $170.8M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2579 | +0.109% | $17.8M | $58.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2577 | +0.039% | $6.4M | $51.9M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2577 | +0.039% | $1.3M | $12.4M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2578 | +0.078% | $23.8M | $15.8M | 50x | as long as short |
| KuCoin WIFUSDTMlong | +0.0100% | 4h | 0.2576 | long leg | $3.9M | $18.5M | 75x | |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2579 | +0.116% | $7.7M | $19.1M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2578 | +0.078% | — | $27.6M | — | as long as short |
| Backpack WIF_USDC_PERP | +0.0100% | 1h | 0.2576 | +0.008% | $82K | $353K | 10x | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2567 | −0.348% | $79K | $371K | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2583 | +0.270% | $296K | $3.1M | 10x | as long as short |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2593 | +0.660% | $36K | $651K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2572 | −0.155% | $2K | $3.3M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2576 | 0.000% | $3K | $6K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2572 | −0.155% | $171K | $997K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2574 | −0.067% | $9K | $214K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2576 | +0.013% | $86K | — | 3x | as long as short |
| Deribit WIF_USDC-PERPETUAL | +0.0138% | 1h | 0.2578 | +0.078% | $34K | $260K | 25x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0312% | 1h | 0.2582 | +0.233% | $354K | $4.1M | 50x | as long as short |
| Injective WIF/USDC PERP | +0.0323% | 1h | 0.2602 | +1.009% | $10K | $28K | 12x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2574 | −0.096% | $1 | — | 15x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0718% | 1h | 0.2578 | +0.080% | $664K | $3.0M | 50x | as long as short |
KuCoin WIFUSDTM
BloFin WIF-USDT
GMX WIF/USD [WBTC.b-USDC]
gTrade (Gains Network) WIF/USD
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIF
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
Backpack WIF_USDC_PERP
Variational Omni WIF
GRVT WIF_USDT_Perp
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Deribit WIF_USDC-PERPETUAL
Coinbase International WIF-PERP-INTX
Injective WIF/USDC PERP
Kraken Futures PF_WIFUSD