Funding you earn now, next payment 08:00 UTC+0.0701%/8h= +76.7% APRnext payment +$3.50 per $10,000 · paid last 24h +0.277%
Price spread now: KuCoin against BloFin−0.775%65s7-day average −0.804% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as 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−$3183.179% of the position
Funding, last 7 days+2.236%+$224 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.775%, 7d avg −0.804%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.804%. 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 | BloFin M-USDT | 1.4049 | 0.0701 | pay 0.0351% / 4h | 3h 18m | $353K | $443K | 10x |
| Short | KuCoin MUSDTM | 1.3940 | 0.1402 | get 0.0701% / 4h | 3h 18m | $1.4M | $3.9M | 10x |
BloFin M-USDT
KuCoin MUSDTMFunding 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
- $147.15
- Price spread: −0.775% → −0.804%
- $2.9
- Slippage, 4 orders
- −$293.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$167.81
- Costs to cover
- 3.179%
- Break-even
- 15.0 days
Slippage from BloFin: live order book, 13 min ago; KuCoin: live order book, 4 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, 13 min ago | 1.06 bp | 44.3 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.97 bp | 111.7 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4067 | +0.128% | $4.4M | $1.7M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4046 | −0.021% | $1.9M | $883K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4069 | +0.142% | $1.8M | $247K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4097 | +0.342% | $88K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4071 | +0.157% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4048 | −0.007% | $2K | $779K | 20x | as long as short |
| Aster MUSDT | +0.0416% | 4h | 1.4048 | −0.004% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0589% | 4h | 1.4071 | +0.157% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.0646% | 4h | 1.4074 | +0.178% | $231K | $107K | 50x | as long as short |
| Binance MUSDT | +0.0647% | 4h | 1.4072 | +0.161% | $5.5M | $3.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDTlong | +0.0701% | 4h | 1.4049 | long leg | $353K | $443K | 10x | |
| KuCoin MUSDTMshort | +0.1402% | 4h | 1.3940 | −0.775% | $1.4M | $3.9M | 10x |