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

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against BloFin+0.131%50s7-day average −0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$793as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7927.916% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 3 days (all we have)−0.437%−$44 · spread now +0.131%, 7d avg −0.103%
Together, before fees−0.454%−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.234% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.103%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin H-USDT0.068550.0085pay 0.0043% / 4h2h 58m$589K$115K25x
ShortKuCoin HUSDTM0.068640.0096get 0.0048% / 4h2h 58m$1.6M$10.0M8x

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

Profit calculator

Funding earned
$2.23
Price spread: +0.131% → −0.103%
$23.38
Slippage, 4 orders
−$767.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$765.96
Costs to cover
7.916%
Break-even
2409.6 days
Slippage from BloFin: live order book, 8 min ago; KuCoin: live order book, 5 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 BloFin live order book, 8 min ago0.73 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago3.66 bp368.6 bp −$369doesn't fitdoesn't fitdoesn't fit

H on 14 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
Injective H/USDC PERP+0.0033%1h0.06250−8.826%$1K$15.5xas long as short
BloFin H-USDTlong+0.0085%4h0.06855long leg$589K$115K25x
KuCoin HUSDTMshort+0.0096%4h0.06864+0.131%$1.6M$10.0M8x
Aster HUSDT+0.0100%4h0.06858+0.050%$113K$54K5xas long as short
Binance HUSDT+0.0100%4h0.06879+0.350%$14.7M$10.8M10xas long as short
Bybit HUSDT+0.0100%4h0.06868+0.188%$7.5M$4.7M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.06878+0.336%$1.7M$6.0M10xas long as short
Gate H_USDT+0.0100%4h0.06866+0.160%$2.8M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.06869+0.204%$6.2M$1.1M20xas long as short
Bitget HUSDT+0.0100%4h0.068550.000%$1.7M$450K4xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX H-USDT+0.0100%4h0.06867+0.175%$2.7Mas long as short
Variational Omni H+0.0100%4h0.06838−0.244%$8K$10Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06844−0.166%$1.1M$432K10xas long as short
Extended H-USD+0.0104%1h0.06863+0.119%$9K$99K5xas long as short