Funding you earn now, next payment 08:00 UTC+0.0904%/8h= +98.9% APRnext payment +$4.52 per $10,000 · paid last 24h +0.202%
Price spread now: KuCoin against BloFin−0.061%50s7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$597as 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−$6686.683% of the position
Funding, last 7 days+0.708%+$71 on $10k
+Price spread, last 4 days (all we have)−0.170%−$17 · spread now −0.061%, 7d avg −0.114%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and KuCoin is 0.053% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.114%. 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 | BloFin APR-USDT | 0.1480 | 0.0056 | pay 0.0028% / 4h | 1h 38m | $288K | $112K | 50x |
| Short | KuCoin APRUSDTM | 0.1479 | 0.0960 | get 0.0480% / 4h | 1h 38m | $2.4M | $345K | 50x |
BloFin APR-USDT
KuCoin APRUSDTMFunding 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
- $189.74
- Price spread: −0.061% → −0.114%
- $5.34
- Slippage, 4 orders
- −$644.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$473.23
- Costs to cover
- 6.683%
- Break-even
- 24.5 days
Slippage from BloFin: live order book, 46 min ago; KuCoin: live order book, 8 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, 46 min ago | 10.15 bp | 26.8 bp −$27 | 127.4 bp −$1,274 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 13.93 bp | 195.8 bp −$196 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDTlong | +0.0056% | 4h | 0.1480 | long leg | $288K | $112K | 50x | |
| Binance APRUSDT | +0.0100% | 4h | 0.1479 | −0.097% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1479 | −0.074% | $1.5M | $645K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1478 | −0.135% | $370K | $174K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1482 | +0.128% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1481 | +0.068% | $19K | $37K | 20x | as long as short |
| Bitget APRUSDT | +0.0180% | 4h | 0.1478 | −0.115% | $3.9M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0378% | 4h | 0.1479 | −0.068% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0446% | 4h | 0.1480 | 0.000% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0748% | 4h | 0.1478 | −0.142% | $71K | $80K | 5x | as long as short |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTMshort | +0.0960% | 4h | 0.1479 | −0.061% | $2.4M | $345K | 50x | |
| Gate APR_USDT | +0.1108% | 4h | 0.1475 | −0.324% | $700K | $209K | 25x | as long as short |
Gate APR_USDT