Funding you earn now, next payment 16:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against KuCoin−0.133%95s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as 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−$2042.044% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.133%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.048%). Swap the legs. The two prices were read 95 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 YFIUSDTM | 2,264 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $376K | $76K | 30x |
| Short | BloFin YFI-USDT | 2,261 | 0.0076 | get 0.0076% / 8h | 4h 47m | $114K | $44K | 75x |
KuCoin YFIUSDTM
BloFin YFI-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
- −$5.09
- Price spread: −0.133% → −0.048%
- −$8.44
- Slippage, 4 orders
- −$180.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$217.93
- Costs to cover
- 2.044%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 47 min ago; BloFin: live order book, 48 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, 47 min ago | 17.71 bp | 92.0 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 2.20 bp | 14.9 bp −$15 | 52.6 bp −$526 | doesn't fit | doesn't fit |
YFI on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0978% | 1h | 2,261.9 | −0.093% | $47K | $5K | 10x | as long as short |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −3.246% | $2K | $28K | 5.5x | as long as short |
| BloFin YFI-USDTshort | +0.0076% | 8h | 2,261 | −0.133% | $114K | $44K | 75x | |
| Aster YFIUSDT | +0.0100% | 8h | 2,266 | +0.088% | $2K | $533 | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,267 | +0.133% | $2.2M | $3.1M | 75x | as long as short |
| Bybit YFIUSDT | +0.0100% | 8h | 2,265 | +0.044% | $988K | $284K | 25x | as long as short |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,266 | +0.088% | $633K | $747K | 20x | as long as short |
| Gate YFI_USDT | +0.0100% | 8h | 2,265.5 | +0.066% | $296K | $118K | 50x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,266 | +0.088% | $852K | $249K | 75x | as long as short |
| KuCoin YFIUSDTMlong | +0.0100% | 8h | 2,264 | long leg | $376K | $76K | 30x |
Kraken Futures PF_YFIUSD
Injective YFI/USDC PERP
Aster YFIUSDT
Binance YFIUSDT
Bybit YFIUSDT
OKX YFI-USDT-SWAP
Gate YFI_USDT
MEXC YFI_USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YFI-USDT | +0.0100% | 8h | 2,266 | +0.088% | — | $12.1M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,261.9 | −0.093% | $9K | $1K | — | as long as short |
BingX YFI-USDT
Variational Omni YFI