NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against KuCoin+0.275%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1911.908% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)−0.203%−$20 · spread now +0.275%, 7d avg +0.058%

Together, before fees−0.167%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.216% dearer against KuCoin than usual: you sell high and buy low (spread +0.275% now, against its 7-day average of +0.058%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOTUSDTM	0.0005098	0.0100	pay 0.0050% / 4h	3h 24m	$466K	$136K	50x
Short	BloFin NOT-USDT	0.0005112	0.0064	get 0.0032% / 4h	3h 24m	$112K	$17K	50x

Funding 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 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.275%Rate

Funding earned: −$7.54
Price spread: +0.275% → +0.058%: $21.63
Slippage, 4 orders: −$166.81
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$176.72
Costs to cover: 1.908%
Break-even: never at this rate

Slippage from KuCoin: live order book, 27 min ago; BloFin: live order book, 30 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, 27 min ago	10.83 bp	63.4 bp −$63	729.7 bp −$7,297	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	3.93 bp	16.1 bp −$16	51.0 bp −$510	doesn't fit	doesn't fit

NOT on 16 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_NOTUSD	−0.0332%	1h	0.0005112	+0.278%	$50K	$10K	10x	as long as short
Variational Omni NOT	−0.0146%	4h	0.0005104	+0.121%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.394%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTshort	+0.0064%	4h	0.0005112	+0.275%	$112K	$17K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005122	+0.473%	$12K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005110	+0.235%	$373K	$50K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005108	+0.194%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005110	+0.239%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005109	+0.216%	$2.2M	$826K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005109	+0.216%	$634K	$608K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005106	+0.157%	$142K	$79K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005110	+0.235%	$1.4M	$465K	200x	as long as short
KuCoin NOTUSDTMlong	+0.0100%	4h	0.0005098	long leg	$466K	$136K	50x
Bitget NOTUSDT	+0.0100%	4h	0.0005111	+0.255%	$671K	$391K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005109	+0.216%	—	$7.4M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005109	+0.213%	$4K	$491	5x	as long as short