Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against KuCoin+0.144%95s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as 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−$3713.707% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.144%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.158% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 95 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 BANKUSDTM | 0.03467 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.2M | $172K | 50x |
| Short | BloFin BANK-USDT | 0.03472 | 0.0340 | get 0.0170% / 4h | 1h 59m | $446K | $86K | 50x |
KuCoin BANKUSDTM
BloFin BANK-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
- $50.4
- Price spread: +0.144% → −0.014%
- $15.82
- Slippage, 4 orders
- −$346.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$304.53
- Costs to cover
- 3.707%
- Break-even
- 49.3 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 49 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, 4 min ago | 11.53 bp | 173.9 bp −$174 | 906.6 bp −$9,066 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 1.45 bp | 10.6 bp −$11 | 39.9 bp −$399 | doesn't fit | doesn't fit |
BANK on 11 exchanges
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 | 0.03464 | −0.096% | $55K | $79K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03467 | −0.010% | $7.5M | $27.2M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03471 | +0.115% | $2.9M | $5.7M | 20x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03469 | +0.058% | $717K | $1.2M | 10x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03465 | −0.058% | $2.5M | $412K | 20x | as long as short |
| KuCoin BANKUSDTMlong | +0.0100% | 4h | 0.03467 | long leg | $1.2M | $172K | 50x | |
| Bitget BANKUSDT | +0.0100% | 4h | 0.03469 | +0.058% | $2.8M | $3.2M | 25x | as long as short |
| BingX BANK-USDT | +0.0100% | 4h | 0.03467 | 0.000% | — | $6.8M | — | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03469 | +0.058% | $40K | $196K | 20x | as long as short |
| edgeX BANKUSDC | +0.0110% | 4h | 0.03469 | +0.070% | $1K | $248K | 5x | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
Bitget BANKUSDT
BingX BANK-USDT
HTX BANK-USDT
edgeX BANKUSDCShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTshort | +0.0340% | 4h | 0.03472 | +0.144% | $446K | $86K | 50x |