Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRnext payment +$1.07 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against KuCoin+0.088%50s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as 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−$2322.316% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)+0.130%+$13 · spread now +0.088%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.052% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 50 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 BEUSDTM | 273.82 | 0.0100 | pay 0.0100% / 8h | 44m 12s | $370K | $23K | 20x |
| Short | BloFin BE-USDT | 274.06 | 0.0207 | get 0.0207% / 8h | 44m 12s | $45K | $141K | 20x |
KuCoin BEUSDTM
BloFin BE-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
- $22.41
- Price spread: +0.088% → +0.035%
- $5.25
- Slippage, 4 orders
- −$207.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$203.99
- Costs to cover
- 2.316%
- Break-even
- 70.7 days
Slippage from KuCoin: live order book, 18 min ago; BloFin: live order book, 17 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, 18 min ago | 17.20 bp | 94.8 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 0.73 bp | 8.6 bp −$9 | 19.6 bp −$196 | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.58 | +0.277% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.00 | +0.066% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.90 | +0.029% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.90 | +0.029% | $1.7M | $2.7M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.06 | +0.088% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.17 | +0.128% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.72 | −0.037% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 273.96 | +0.051% | $250K | $380K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.80 | −0.007% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.95 | +0.047% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0073% | 1h | 273.97 | +0.055% | $1.3M | $3.8M | 10x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.00 | +0.066% | $46K | $270K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | +0.113% | $469K | $123K | 10x | as long as short |
| Binance BEUSDT | +0.0089% | 8h | 274.06 | +0.087% | $8.5M | $37.0M | 25x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 273.82 | long leg | $370K | $23K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.00 | +0.065% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0119% | 1h | 273.81 | −0.004% | $5.9M | $2.9M | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0123% | 8h | 274.11 | +0.105% | $7K | $184K | 10x | as long as short |
| BloFin BE-USDTshort | +0.0207% | 8h | 274.06 | +0.088% | $45K | $141K | 20x | |
| OKX BE-USDT-SWAP | +0.0236% | 8h | 274.26 | +0.161% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0736% | 1h | 274.03 | +0.077% | $7K | $4K | 10x | as long as short |
QFEX BE-USD
Extended BE-USD
Coinbase International BE-PERP-INTX
Binance BEUSDT
Aevo BE-PERP
tradeXYZ xyz:BE
GRVT BE_USDT_Perp
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL