INIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against BloFin−0.024%95s7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,009as 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−$1,00810.082% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.024%, 7d avg −0.056%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.032% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.056%. 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 INIT-USDT	0.08185	0.0096	pay 0.0048% / 4h	19m 46s	$153K	$110K	25x
Short	KuCoin INITUSDTM	0.08183	0.0100	get 0.0050% / 4h	19m 46s	$326K	$54K	25x

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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0.83
Price spread: −0.024% → −0.056%: $3.21
Slippage, 4 orders: −$984.22
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,004.18
Costs to cover: 10.082%
Break-even: 8427.5 days

Slippage from BloFin: live order book, 42 min ago; KuCoin: live order book, 42 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, 42 min ago	3.66 bp	22.3 bp −$22	57.7 bp −$577	doesn't fit	doesn't fit
Sell KuCoin live order book, 42 min ago	19.57 bp	378.2 bp −$378	doesn't fit	doesn't fit	doesn't fit

INIT on 13 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
BloFin INIT-USDTlong	+0.0096%	4h	0.08185	long leg	$153K	$110K	25x
Hyperliquid INIT	+0.0100%	1h	0.08186	+0.015%	$298K	$232K	3x	as long as short
Aster INITUSDT	+0.0100%	4h	0.08176	−0.108%	$27K	$36K	5x	as long as short
Binance INITUSDT	+0.0100%	4h	0.08190	+0.060%	$3.4M	$3.6M	25x	as long as short
Bybit INITUSDT	+0.0100%	4h	0.08172	−0.159%	$1.4M	$1.4M	25x	as long as short
OKX INIT-USDT-SWAP	+0.0100%	4h	0.08192	+0.086%	$133K	$633K	10x	as long as short
Gate INIT_USDT	+0.0100%	8h	0.08170	−0.183%	$83K	$56K	25x	as long as short
MEXC INIT_USDT	+0.0100%	4h	0.08190	+0.061%	$445K	$220K	20x	as long as short
KuCoin INITUSDTMshort	+0.0100%	4h	0.08183	−0.024%	$326K	$54K	25x
Bitget INITUSDT	+0.0100%	4h	0.08178	−0.086%	$427K	$311K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX INIT-USDT	+0.0100%	4h	0.08174	−0.134%	—	$6.6M	—	as long as short
Variational Omni INIT	+0.0100%	4h	0.08177	−0.093%	$26K	$23K	—	as long as short
Kraken Futures PF_INITUSD	+0.0498%	1h	0.08176	−0.108%	$5K	$17K	10x	as long as short