Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.264%65s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as 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−$4244.242% of the position
Funding, last 7 days−0.323%−$32 on $10k
+Price spread, last 3 days (all we have)+0.276%+$28 · spread now −0.264%, 7d avg +0.003%
=Funding pays, the price is against you. KuCoin is 0.268% cheaper against BloFin than usual: you would sell low and buy high (spread −0.264% now, against its 7-day average of +0.003%). If the spread goes back, that is −$27 on $10k: about 25 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.323%, so the current rate has only just turned in your favour. The two prices were read 65 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 AIXBT-USDT | 0.02269 | 0.0064 | pay 0.0032% / 4h | 36m 05s | $119K | $64K | 50x |
| Short | KuCoin AIXBTUSDTM | 0.02263 | 0.0100 | get 0.0050% / 4h | 36m 05s | $1.2M | $1.4M | 30x |
BloFin AIXBT-USDT
KuCoin AIXBTUSDTMFunding 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
- $7.51
- Price spread: −0.264% → +0.003%
- −$26.77
- Slippage, 4 orders
- −$400.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$443.46
- Costs to cover
- 4.242%
- Break-even
- 420.3 days
Slippage from BloFin: live order book, 24 min ago; KuCoin: live order book, 4 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, 24 min ago | 4.43 bp | 16.9 bp −$17 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.21 bp | 166.3 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.1248% | 1h | 0.02261 | −0.350% | $18K | $7K | 10x | as long as short |
| BloFin AIXBT-USDTlong | +0.0064% | 4h | 0.02269 | long leg | $119K | $64K | 50x | |
| Variational Omni AIXBT | +0.0093% | 4h | 0.02260 | −0.408% | $99K | $11K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02265 | −0.163% | $375K | $180K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02265 | −0.179% | $2.4M | $2.9M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02261 | −0.353% | $1.2M | $972K | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02263 | −0.264% | $460K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02266 | −0.132% | $194K | $80K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02265 | −0.176% | $452K | $185K | 100x | as long as short |
| KuCoin AIXBTUSDTMshort | +0.0100% | 4h | 0.02263 | −0.264% | $1.2M | $1.4M | 30x |
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02266 | −0.132% | $644K | $455K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02264 | −0.220% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0269% / S −0.0489% | 1h | 0.02263 | −0.278% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02262 | −0.298% | — | — | — | as long as short |
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP