Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin+0.184%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$744as in the Funding arb table
Net, price: spread back to 7d avg − costs−$727as in the Price arb table
costs, in and out, $10k−$7447.444% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.931%−$93 · spread now +0.184%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.178% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALT-USDT | 0.007608 | 0.0089 | pay 0.0044% / 4h | 1h 03m | $124K | $10K | 50x |
| Short | KuCoin ALTUSDTM | 0.007622 | 0.0100 | get 0.0050% / 4h | 1h 03m | $151K | $20K | 30x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.41
- Price spread: +0.184% → +0.006%
- $17.83
- Slippage, 4 orders
- −$720.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$724.11
- Costs to cover
- 7.444%
- Break-even
- 2111.0 days
Slippage from BloFin: live order book, 34 min ago; KuCoin: live order book, 11 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, 34 min ago | 3.28 bp | 19.0 bp −$19 | 53.4 bp −$534 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 11.07 bp | 284.9 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
ALT 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007616 | +0.105% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.091% | $837 | $4K | 5.5x | as long as short |
| BloFin ALT-USDTlong | +0.0089% | 4h | 0.007608 | long leg | $124K | $10K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007610 | +0.026% | $1.1M | $193K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007613 | +0.062% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007610 | +0.026% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007608 | 0.000% | $48K | $404K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007612 | +0.053% | $405K | $186K | 50x | as long as short |
| KuCoin ALTUSDTMshort | +0.0100% | 4h | 0.007622 | +0.184% | $151K | $20K | 30x | |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007606 | −0.026% | $600K | $107K | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007613 | +0.066% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007624 | +0.210% | $4K | $16K | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0440% | 1h | 0.007700 | +1.209% | $14K | $3K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0446% | 1h | 0.007619 | +0.140% | $45K | $8K | 10x | as long as short |
BloFin ALT-USDT
KuCoin ALTUSDTM
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALT
Coinbase International ALT-PERP-INTX
Kraken Futures PF_ALTUSD