Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.0% APRnext payment +$1.74 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against BloFin+0.509%80s7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as 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−$2592.586% of the position
Funding, last 7 days+0.742%+$74 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now +0.509%, 7d avg +0.183%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.326% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.183%. 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 | BloFin CELR-USDT | 0.003146 | −0.6366 | get 0.6366% / 8h | 55m 57s | $355K | $361K | 25x |
| Short | KuCoin CELRUSDTM | 0.003162 | −0.6192 | pay 0.6192% / 8h | 55m 57s | $428K | $3.8M | 25x |
BloFin CELR-USDT
KuCoin CELRUSDTMFunding 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
- $36.52
- Price spread: +0.509% → +0.183%
- $32.56
- Slippage, 4 orders
- −$234.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$189.54
- Costs to cover
- 2.586%
- Break-even
- 43.3 days
Slippage from BloFin: live order book, 24 min ago; KuCoin: live order book, 12 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, 24 min ago | 7.84 bp | 21.5 bp −$21 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 4.78 bp | 79.9 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
CELR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.9765% | 1h | 0.003138 | −0.258% | $34K | $47K | 10x | as long as short |
| BloFin CELR-USDTlong | −0.6366% | 8h | 0.003146 | long leg | $355K | $361K | 25x | |
| MEXC CELR_USDT | −0.6349% | 8h | 0.003161 | +0.477% | $498K | $1.4M | 50x | as long as short |
| Binance CELRUSDT | −0.6334% | 8h | 0.003156 | +0.318% | $3.7M | $42.4M | 25x | as long as short |
| KuCoin CELRUSDTMshort | −0.6192% | 8h | 0.003162 | +0.509% | $428K | $3.8M | 25x | |
| Bitget CELRUSDT | −0.6081% | 8h | 0.003157 | +0.350% | $587K | $4.1M | 25x | as long as short |
| Gate CELR_USDT | −0.5700% | 8h | 0.003156 | +0.318% | $220K | $1.1M | 25x | as long as short |
| BingX CELR-USDT | −0.4283% | 8h | 0.003158 | +0.381% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
MEXC CELR_USDT
Binance CELRUSDT
Bitget CELRUSDT
Gate CELR_USDT
BingX CELR-USDT