Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.3280 | 0 | 0.0000% / 8h | 1h 20m | $36K | $3.7M | 20x | Long KuCoin | |
| SHORT | 3.3140 | −0.0020 | pay 0.0020% / 8h | 1h 20m | $46K | $49K | 20x | Short BloFin |
Price gap−0.421%65s
Funding gap−0.0020% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.421% under zero (no 7-day history yet). Swap the legs.
Funding on this pair paid 0.145% over the last 7 days: the rate has only just turned. The two prices were read 65 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14−0.0020% /8h now · paid +0.145% over the last 7D
Price—spread −0.421%65s now · prices read too far apart to compare
Costsno datano order book for BloFin
Result, before costs—no pointsneeds both prices read together
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
BloFin price against KuCoinnow
RANGE STATS · 7D
Now−0.421%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCYPH on 13 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for BloFin: its slippage is not counted.
- Note: Margin at max leverage$500 + $500KuCoin 20x, BloFin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.59Long KuCoin: 3 payments, $0.00; short BloFin: 3 payments, −$0.59.
- Watch: Prices read 65 s apart−0.421% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$36K vs $46K OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · BloFin LimitedStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0073%/8h × 21 periods+$15.32
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for BloFin—
Fee KuCoin bp × 2 orders−$12.00
Fee BloFin bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$8.68
price spread not counted: prices read too far apartCosts to cover0.240%Break-even11.0 days
Slippage: KuCoin: live order book, 2 min ago; BloFin: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin15.0983.2 bp−$83609.6 bp−$6,096doesn’t fitdoesn’t fit
SELL · SHORTBloFin—————
Closing costs about the same again.
BloFin: no data.
| 09-23 09:29 | OKX | Listing | new market CYPH-USDT-SWAP ($CYPH) seen by our collector |
| 09-23 09:00 | KuCoin | Listing | new market CYPHUSDTM ($CYPH) seen by our collector |
| 09-22 13:38 | Phemex | Listing | Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗ |
| 09-22 10:08 | BloFin | Listing | new market CYPH-USDT ($CYPH) seen by our collector |
| 09-22 09:54 | BloFin | Listing | BloFin Futures will list the $PATH-USDT & $CYPH-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗ |
| 09-22 06:52 | edgeX | Listing | new market CYPHUSDC ($CYPH) seen by our collector |
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