H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against KuCoin−0.075%65s7-day average +0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$745as 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−$7477.470% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.773%+$77 · spread now −0.075%, 7d avg +0.091%

Together, before fees+0.790%+$79 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.166% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.091%). If the spread goes back, that is −$17 on $10k: about 31 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 2 months. The two prices were read 65 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	KuCoin HUSDTM	0.06692	0.0030	pay 0.0015% / 4h	36m 13s	$1.6M	$10.0M	8x
Short	BloFin H-USDT	0.06687	0.0048	get 0.0024% / 4h	36m 13s	$580K	$108K	25x

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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now −0.075%Rate

Funding earned: $3.75
Price spread: −0.075% → +0.091%: −$16.55
Slippage, 4 orders: −$723.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$759.83
Costs to cover: 7.470%
Break-even: 1424.5 days

Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 65 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 KuCoin live order book, 2 min ago	3.74 bp	345.9 bp −$346	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 65 min ago	3.72 bp	17.3 bp −$17	36.7 bp −$367	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
KuCoin HUSDTMlong	+0.0030%	4h	0.06692	long leg	$1.6M	$10.0M	8x
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.605%	$1K	$1	5.5x	as long as short
BloFin H-USDTshort	+0.0048%	4h	0.06687	−0.075%	$580K	$108K	25x
Aster HUSDT	+0.0100%	4h	0.06692	−0.007%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06695	+0.049%	$14.4M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06691	−0.013%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06699	+0.105%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06693	+0.015%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06697	+0.075%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06679	−0.194%	$1.7M	$448K	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	0.06694	+0.030%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06690	−0.026%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06704	+0.179%	$1.1M	$432K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06693	+0.020%	$9K	$100K	5x	as long as short