Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h −0.059%
Price spread now: KuCoin against BloFin+0.029%80s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as 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−$1281.285% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.029%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. 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 ETHFI-USDT | 0.6933 | 0.0226 | pay 0.0113% / 4h | 58m 03s | $1.2M | $239K | 75x |
| Short | KuCoin ETHFIUSDTM | 0.6935 | 0.0100 | get 0.0050% / 4h | 58m 03s | $1.2M | $225K | 50x |
BloFin ETHFI-USDT
KuCoin ETHFIUSDTMFunding 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
- −$26.55
- Price spread: +0.029% → +0.036%
- −$0.74
- Slippage, 4 orders
- −$104.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$155.78
- Costs to cover
- 1.285%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 7 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, 4 min ago | 0.72 bp | 14.4 bp −$14 | 26.0 bp −$260 | 91.2 bp −$9,125 | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 7.20 bp | 43.9 bp −$44 | 149.8 bp −$1,498 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0615% | 1h | 0.6934 | +0.014% | $40K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0416% | 4h | 0.6919 | −0.202% | $82K | $168K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0284% | 4h | 0.6932 | −0.014% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0118% | 4h | 0.6936 | +0.040% | $914K | $786K | — | as long as short |
| Extended ETHFI-USD | −0.0016% | 1h | 0.6932 | −0.014% | $95K | $505K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0014% | 4h | 0.6934 | +0.014% | $24.1M | $36.1M | 75x | as long as short |
| MEXC ETHFI_USDT | −0.0012% | 4h | 0.6936 | +0.043% | $15.8M | $4.1M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0011% | 8h | 0.6926 | −0.094% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.428% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0054% | 4h | 0.6939 | +0.087% | $17.1M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6930 | −0.036% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6939 | +0.087% | $1.1M | $828K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6940 | +0.097% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6944 | +0.155% | $177K | $263K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6940 | +0.101% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6943 | +0.144% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.6935 | +0.029% | $1.2M | $225K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6935 | +0.029% | $6.0M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6939 | +0.087% | — | $10.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6936 | +0.040% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6921 | −0.173% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDTlong | +0.0226% | 4h | 0.6933 | long leg | $1.2M | $239K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0272% | 1h | 0.6952 | +0.274% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0823% | 1h | 0.6944 | +0.162% | $290K | $286K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD