Funding you earn now, next payment 12:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BloFin−0.186%80s7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,209as 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−$2,20722.075% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.745%+$75 · spread now −0.186%, 7d avg −0.064%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.122% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.064%). Swap the legs. The two prices were read 80 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 | BloFin YB-USDT | 0.09147 | 0.0114 | pay 0.0057% / 4h | 2h 59m | $104K | $13K | 20x |
| Short | KuCoin YBUSDTM | 0.09130 | 0.0100 | get 0.0050% / 4h | 2h 59m | $192K | $55K | 20x |
BloFin YB-USDT
KuCoin YBUSDTMFunding 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
- −$2.88
- Price spread: −0.186% → −0.064%
- −$12.2
- Slippage, 4 orders
- −$2,183.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,222.55
- Costs to cover
- 22.075%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 55 min ago; KuCoin: live order book, 21 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 BloFin live order book, 55 min ago | 2.76 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 38.36 bp | 949.0 bp −$949 | doesn't fit | doesn't fit | doesn't fit |
YB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster YBUSDT | +0.0100% | 4h | 0.09132 | −0.163% | $7K | $2K | 5x | as long as short |
| Binance YBUSDT | +0.0100% | 4h | 0.09136 | −0.117% | $2.1M | $1.1M | 20x | as long as short |
| Bybit YBUSDT | +0.0100% | 4h | 0.09121 | −0.284% | $601K | $112K | 25x | as long as short |
| OKX YB-USDT-SWAP | +0.0100% | 4h | 0.09132 | −0.164% | $423K | $236K | 20x | as long as short |
| Gate YB_USDT | +0.0100% | 4h | 0.09130 | −0.186% | $105K | $23K | 20x | as long as short |
| MEXC YB_USDT | +0.0100% | 4h | 0.09120 | −0.295% | $633K | $127K | 50x | as long as short |
| KuCoin YBUSDTMshort | +0.0100% | 4h | 0.09130 | −0.186% | $192K | $55K | 20x | |
| Bitget YBUSDT | +0.0100% | 4h | 0.09121 | −0.284% | $556K | $26K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.09130 | −0.186% | — | $6.5M | — | as long as short |
| Variational Omni YB | +0.0100% | 4h | 0.09128 | −0.210% | $3K | $3K | — | as long as short |
Aster YBUSDT
Binance YBUSDT
Bybit YBUSDT
OKX YB-USDT-SWAP
Gate YB_USDT
MEXC YB_USDT
Bitget YBUSDT
BingX YB-USDT
Variational Omni YBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX YB-USDT | +0.0100% | 4h | 0.09330 | +2.001% | $2K | $1.4M | 20x | as long as short |
| BloFin YB-USDTlong | +0.0114% | 4h | 0.09147 | long leg | $104K | $13K | 20x |
SunX YB-USDT