Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin−0.079%65s7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as 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−$4003.997% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.079%, 7d avg +0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.154% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.075%. 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 IDUSDTM | 0.03813 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.1M | $66K | 30x |
| Short | BloFin ID-USDT | 0.03810 | 0.0099 | get 0.0049% / 4h | 1h 42m | $156K | $15K | 50x |
KuCoin IDUSDTM
BloFin ID-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.23
- Price spread: −0.079% → +0.075%
- −$15.36
- Slippage, 4 orders
- −$375.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$415.34
- Costs to cover
- 3.997%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 24 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 | 11.80 bp | 126.8 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 2.61 bp | 22.2 bp −$22 | 46.7 bp −$467 | 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 | −0.0046% | 1h | 0.03816 | +0.072% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDTshort | +0.0099% | 4h | 0.03810 | −0.079% | $156K | $15K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03820 | +0.178% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03818 | +0.131% | $2.4M | $3.9M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03818 | +0.131% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03817 | +0.105% | $259K | $221K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03817 | +0.105% | $380K | $212K | 20x | as long as short |
| KuCoin IDUSDTMlong | +0.0100% | 4h | 0.03813 | long leg | $1.1M | $66K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03810 | −0.070% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0300% | 4h | 0.03816 | +0.079% | — | $2.3M | — | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0310% | 4h | 0.03822 | +0.236% | $992K | $743K | 50x | as long as short |
Bitget IDUSDT