Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.026%95s7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$468as 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−$4694.686% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.026%, 7d avg −0.070%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.096% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.070%. The two prices were read 95 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 ID-USDT | 0.03859 | 0.0080 | pay 0.0040% / 4h | 2h 57m | $159K | $16K | 50x |
| Short | KuCoin IDUSDTM | 0.03860 | 0.0100 | get 0.0050% / 4h | 2h 57m | $1.1M | $75K | 30x |
BloFin ID-USDT
KuCoin IDUSDTMFunding 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
- $4.13
- Price spread: +0.026% → −0.070%
- $9.57
- Slippage, 4 orders
- −$444.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$454.95
- Costs to cover
- 4.686%
- Break-even
- 778.7 days
Slippage from BloFin: live order book, 59 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, 59 min ago | 6.51 bp | 23.5 bp −$24 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 12.94 bp | 219.6 bp −$220 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0163% | 1h | 0.03849 | −0.256% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDTlong | +0.0080% | 4h | 0.03859 | long leg | $159K | $16K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03854 | −0.140% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03852 | −0.169% | $2.5M | $4.1M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03854 | −0.130% | $1.6M | $1.2M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03857 | −0.052% | $260K | $206K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03851 | −0.207% | $397K | $232K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03860 | +0.026% | $1.1M | $75K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03859 | −0.006% | $12K | $20K | — | as long as short |
| Bitget IDUSDT | +0.0282% | 4h | 0.03853 | −0.155% | $1.1M | $922K | 50x | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ID-USDT | +0.0312% | 4h | 0.03853 | −0.155% | — | $2.3M | — | as long as short |
BingX ID-USDT