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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against KuCoin−0.043%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2022.021% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.283%−$28 on $10k
Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.043%, 7d avg −0.064%
Together, before fees−0.195%−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.094000.0100pay 0.0050% / 4h3h 52m$1.5M$52K25x
ShortBloFin ESP-USDT0.093960.0100get 0.0050% / 4h3h 52m$122K$35K25x

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

Profit calculator

Funding earned
$0.02
Price spread: −0.043% → −0.064%
$2.11
Slippage, 4 orders
−$178.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$199.97
Costs to cover
2.021%
Break-even
92379.2 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 3 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 KuCoin live order book, 3 min ago12.23 bp87.3 bp −$87790.3 bp −$7,903doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago2.13 bp12.4 bp −$1236.6 bp −$366doesn't fitdoesn't fit

ESP on 11 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
Aster ESPUSDT+0.0100%4h0.09397−0.027%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09390−0.106%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09394−0.064%$596K$1.2M20xas long as short
Gate ESP_USDT+0.0100%8h0.09395−0.053%$169K$593K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09391−0.096%$1.2M$103K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09400long leg$1.5M$52K25x
Bitget ESPUSDT+0.0100%4h0.09396−0.044%$949K$148K20xas long as short
BloFin ESP-USDTshort+0.0100%4h0.09396−0.043%$122K$35K25x
edgeX ESPUSDC+0.0109%4h0.09415+0.163%$29K$269K10xas long as short
Bybit ESPUSDT+0.2125%4h0.09369−0.330%$1.1M$602K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.4190%4h0.09388−0.128%$1.7Mas long as short