Funding you earn now, next payment 08:00 UTC+0.0290%/8h= +31.8% APRnext payment +$1.45 per $10,000 · paid last 24h +0.044%
Price spread now: BloFin against KuCoin+0.240%80s7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$596as 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−$6196.192% of the position
Funding, last 7 days+0.235%+$23 on $10k
+Price spread, last 4 days (all we have)−1.402%−$140 · spread now +0.240%, 7d avg +0.098%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.142% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.098%. The two prices were read 80 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 | KuCoin BUSDTM | 0.2002 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $1.8M | $80K | 10x |
| Short | BloFin B-USDT | 0.2007 | 0.0390 | get 0.0195% / 4h | 2h 45m | $597K | $37K | 20x |
KuCoin BUSDTM
BloFin B-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $60.95
- Price spread: +0.240% → +0.098%
- $14.15
- Slippage, 4 orders
- −$595.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$544.06
- Costs to cover
- 6.192%
- Break-even
- 69.5 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 45 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 KuCoin live order book, 5 min ago | 13.20 bp | 303.1 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 4.97 bp | 33.5 bp −$33 | 103.0 bp −$1,030 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2003 | +0.035% | $1.8M | $950K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2004 | +0.090% | $3.4M | $627K | 20x | as long as short |
| KuCoin BUSDTMlong | +0.0100% | 4h | 0.2002 | long leg | $1.8M | $80K | 10x | |
| edgeX BUSDC | +0.0351% | 4h | 0.2008 | +0.277% | $3K | $390K | 5x | as long as short |
| MEXC B_USDT | +0.0364% | 4h | 0.2006 | +0.190% | $970K | $373K | 100x | as long as short |
| Binance BUSDT | +0.0373% | 4h | 0.2006 | +0.209% | $11.6M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0376% | 1h | 0.2006 | +0.188% | $15K | $198K | 5x | as long as short |
| BloFin B-USDTshort | +0.0390% | 4h | 0.2007 | +0.240% | $597K | $37K | 20x | |
| BingX B-USDT | +0.0472% | 4h | 0.2005 | +0.140% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0510% | 4h | 0.2006 | +0.190% | $2.7M | $309K | 10x | as long as short |
Bybit BUSDT
Gate B_USDT
edgeX BUSDC
MEXC B_USDT
Binance BUSDT
Extended B-USD
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1044% | 4h | 0.2007 | +0.238% | $1.9M | $224K | 5x | as long as short |
Aster BUSDT