Settings8H · net · $10k
Funding arb · Price arb /

YFI

all YFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against BloFin−0.073%350s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2042.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 3 days (all we have)+0.246%+$25 · spread now −0.073%, 7d avg +0.054%
Together, before fees+0.273%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.128% cheaper against BloFin than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.054%). If the spread goes back, that is −$13 on $10k: about 23 days of funding at the current rate (+$1 a day). The two prices were read 350 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin YFI-USDT2,3140.0082pay 0.0082% / 8h6h 43m$118K$26K75x
ShortKuCoin YFIUSDTM2,312.30.0100get 0.0100% / 8h6h 43m$384K$88K30x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.84
Price spread: −0.073% → +0.054%
−$12.75
Slippage, 4 orders
−$180.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$213.37
Costs to cover
2.044%
Break-even
396.2 days
Slippage from BloFin: live order book, 7 min ago; KuCoin: live order book, 69 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 7 min ago2.16 bp16.2 bp −$1645.0 bp −$450doesn't fitdoesn't fit
Sell KuCoin live order book, 69 min ago6.46 bp58.4 bp −$58496.2 bp −$4,962doesn't fitdoesn't fit

YFI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_YFIUSD−0.0250%1h2,320+0.261%$47K$7K10xas long as short
Injective YFI/USDC PERP+0.0033%1h2,190.5−5.337%$2K$28K5.5xas long as short
BloFin YFI-USDTlong+0.0082%8h2,314long leg$118K$26K75x
Aster YFIUSDT+0.0100%8h2,311.4−0.113%$2K$2K5xas long as short
Binance YFIUSDT+0.0100%8h2,315+0.043%$2.3M$3.1M75xas long as short
Bybit YFIUSDT+0.0100%8h2,3140.000%$995K$251K25xas long as short
OKX YFI-USDT-SWAP+0.0100%8h2,315+0.043%$620K$834K20xas long as short
MEXC YFI_USDT+0.0100%8h2,316+0.086%$863K$284K75xas long as short
KuCoin YFIUSDTMshort+0.0100%8h2,312.3−0.073%$384K$88K30x
BingX YFI-USDT+0.0100%8h2,313−0.043%$11.8Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni YFI+0.0100%8h2,308.1−0.253%$9K$1Kas long as short
Gate YFI_USDT+0.0265%8h2,317.9+0.169%$304K$153K50xas long as short