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 − costs—prices read too far apart to compare
costs, in and out, $10k−$7927.916% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin H-USDT | 0.06855 | 0.0085 | pay 0.0043% / 4h | 2h 58m | $589K | $115K | 25x |
| Short | KuCoin HUSDTM | 0.06864 | 0.0096 | get 0.0048% / 4h | 2h 58m | $1.6M | $10.0M | 8x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 8 min ago | 0.73 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.66 bp | 368.6 bp −$369 | doesn't fit | doesn't fit | doesn't fit |
H on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective H/USDC PERP | +0.0033% | 1h | 0.06250 | −8.826% | $1K | $1 | 5.5x | as long as short |
| BloFin H-USDTlong | +0.0085% | 4h | 0.06855 | long leg | $589K | $115K | 25x | |
| KuCoin HUSDTMshort | +0.0096% | 4h | 0.06864 | +0.131% | $1.6M | $10.0M | 8x | |
| Aster HUSDT | +0.0100% | 4h | 0.06858 | +0.050% | $113K | $54K | 5x | as long as short |
| Binance HUSDT | +0.0100% | 4h | 0.06879 | +0.350% | $14.7M | $10.8M | 10x | as long as short |
| Bybit HUSDT | +0.0100% | 4h | 0.06868 | +0.188% | $7.5M | $4.7M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06878 | +0.336% | $1.7M | $6.0M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06866 | +0.160% | $2.8M | $1.8M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06869 | +0.204% | $6.2M | $1.1M | 20x | as long as short |
| Bitget HUSDT | +0.0100% | 4h | 0.06855 | 0.000% | $1.7M | $450K | 4x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX H-USDT | +0.0100% | 4h | 0.06867 | +0.175% | — | $2.7M | — | as long as short |
| Variational Omni H | +0.0100% | 4h | 0.06838 | −0.244% | $8K | $10K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.06844 | −0.166% | $1.1M | $432K | 10x | as long as short |
| Extended H-USD | +0.0104% | 1h | 0.06863 | +0.119% | $9K | $99K | 5x | as long as short |
BloFin H-USDT
KuCoin HUSDTM
Injective H/USDC PERP
Aster HUSDT
Binance HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
Bitget HUSDT
BingX H-USDT
Variational Omni H
GRVT H_USDT_Perp
Extended H-USD