Settings8H · net · $10k
Funding arb · Price arb /

ATH

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.109%80s7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3353.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.109%, 7d avg −0.114%
Together, before fees+0.152%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ATH-USDT0.0054980.0064pay 0.0032% / 4h51m 42s$163K$70K75x
ShortKuCoin ATHUSDTM0.0054920.0100get 0.0050% / 4h51m 42s$552K$80K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$7.58
Price spread: −0.109% → −0.114%
$0.51
Slippage, 4 orders
−$310.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$326.47
Costs to cover
3.346%
Break-even
308.3 days
Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 18 min ago3.63 bp21.8 bp −$2268.7 bp −$687doesn't fitdoesn't fit
Sell KuCoin live order book, 52 min ago15.50 bp124.0 bp −$124doesn't fitdoesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.1809%1h0.005487−0.192%$17K$109K10xas long as short
Variational Omni ATH−0.0116%4h0.005466−0.573%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005500+0.036%$11K$595xas long as short
BloFin ATH-USDTlong+0.0064%4h0.005498long leg$163K$70K75x
Aster ATHUSDT+0.0100%4h0.005506+0.151%$5K$41K5xas long as short
Binance ATHUSDT+0.0100%4h0.005503+0.082%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005490−0.146%$4.3M$2.7M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005490−0.146%$705K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005493−0.091%$785K$612K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005504+0.109%$9.0M$673K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTMshort+0.0100%4h0.005492−0.109%$552K$80K30x
Bitget ATHUSDT+0.0100%4h0.005499+0.018%$1.5M$907K25xas long as short
BingX ATH-USDT+0.0100%4h0.005497−0.018%$21.3Mas long as short