Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRnext payment −$1.27 per $10,000 · paid last 24h −0.058%
Price spread now: KuCoin against BloFin−0.201%50s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$352as 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−$3313.308% of the position
Funding, last 7 days−0.215%−$21 on $10k
+Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.201%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.214% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.013%). Swap the legs. 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 BANK-USDT | 0.03474 | 0.0353 | pay 0.0177% / 4h | 32m 17s | $442K | $90K | 50x |
| Short | KuCoin BANKUSDTM | 0.03467 | 0.0100 | get 0.0050% / 4h | 32m 17s | $1.2M | $189K | 50x |
BloFin BANK-USDT
KuCoin BANKUSDTMFunding 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
- −$53.21
- Price spread: −0.201% → +0.013%
- −$21.41
- Slippage, 4 orders
- −$306.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$405.41
- Costs to cover
- 3.308%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 48 min ago; KuCoin: live order book, 3 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, 48 min ago | 2.88 bp | 10.7 bp −$11 | 37.5 bp −$375 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 10.09 bp | 144.2 bp −$144 | 592.6 bp −$5,926 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03469 | −0.143% | $56K | $97K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03471 | −0.086% | $720K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03467 | −0.201% | $1.2M | $189K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03475 | +0.029% | $40K | $229K | 20x | as long as short |
| MEXC BANK_USDT | +0.0112% | 4h | 0.03477 | +0.086% | $2.5M | $487K | 20x | as long as short |
| Binance BANKUSDT | +0.0113% | 4h | 0.03470 | −0.109% | $7.6M | $31.4M | 50x | as long as short |
| edgeX BANKUSDC | +0.0153% | 4h | 0.03472 | −0.069% | $1K | $247K | 5x | as long as short |
| Bybit BANKUSDT | +0.0276% | 4h | 0.03470 | −0.115% | $3.0M | $6.6M | 20x | as long as short |
| Bitget BANKUSDT | +0.0318% | 4h | 0.03470 | −0.115% | $2.8M | $3.6M | 25x | as long as short |
| BingX BANK-USDT | +0.0336% | 4h | 0.03476 | +0.058% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Gate BANK_USDT
HTX BANK-USDT
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
Bybit BANKUSDT
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTlong | +0.0353% | 4h | 0.03474 | long leg | $442K | $90K | 50x |