IO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: KuCoin against BloFin+0.135%95s7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$231as 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−$2382.380% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.135%, 7d avg −0.025%

Together, before fees−0.049%−$5 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 0.160% dearer against BloFin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.025%. 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 IO-USDT	0.1478	0.0096	pay 0.0048% / 4h	2h 25m	$191K	$38K	50x
Short	KuCoin IOUSDTM	0.1480	0.0100	get 0.0050% / 4h	2h 25m	$346K	$624K	50x

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 +0.135%Rate

Funding earned: $0.82
Price spread: +0.135% → −0.025%: $16.01
Slippage, 4 orders: −$214.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$221.19
Costs to cover: 2.380%
Break-even: 1903.0 days

Slippage from BloFin: live order book, 55 min ago; KuCoin: live order book, 34 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, 55 min ago	6.65 bp	16.7 bp −$17	64.8 bp −$648	doesn't fit	doesn't fit
Sell KuCoin live order book, 34 min ago	6.71 bp	92.0 bp −$92	546.7 bp −$5,467	doesn't fit	doesn't fit

IO 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
BloFin IO-USDTlong	+0.0096%	4h	0.1478	long leg	$191K	$38K	50x
Hyperliquid IO	+0.0100%	1h	0.1481	+0.203%	$984K	$367K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1479	+0.077%	$23K	$47K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1480	+0.152%	$2.9M	$6.5M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1478	−0.014%	$1.1M	$904K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1479	+0.095%	$226K	$481K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1477	−0.068%	$1.1M	$236K	125x	as long as short
KuCoin IOUSDTMshort	+0.0100%	4h	0.1480	+0.135%	$346K	$624K	50x
Bitget IOUSDT	+0.0100%	4h	0.1481	+0.203%	$1.4M	$1.3M	50x	as long as short
BingX IO-USDT	+0.0100%	4h	0.1479	+0.068%	—	$1.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni IO	+0.0100%	4h	0.1476	−0.152%	$28K	$18K	—	as long as short
Extended IO-USD	+0.0104%	1h	0.1480	+0.107%	$2K	$219K	5x	as long as short
Injective IO/USDC PERP	+0.0619%	1h	0.1484	+0.406%	$2K	$200	5.5x	as long as short
Kraken Futures PF_IOUSD	+2.7758%	1h	0.1474	−0.265%	$38K	$9K	10x	as long as short