Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h +0.076%
Price spread now: KuCoin against BloFin−0.601%875s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$398as 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−$4164.162% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)+0.581%+$58 · spread now −0.601%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.615% cheaper against BloFin than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of +0.014%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you. The two prices were read 875 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 POPCAT-USDT | 0.05654 | 0.0340 | pay 0.0170% / 4h | 2h 34m | $125K | $301K | 50x |
| Short | KuCoin POPCATUSDTM | 0.05620 | 0.0100 | get 0.0050% / 4h | 2h 34m | $1.1M | $992K | 50x |
BloFin POPCAT-USDT
KuCoin POPCATUSDTMFunding 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
- −$50.4
- Price spread: −0.601% → +0.014%
- −$61.53
- Slippage, 4 orders
- −$392.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$528.11
- Costs to cover
- 4.162%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 27 min ago; KuCoin: live order book, 5 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, 27 min ago | 7.98 bp | 23.8 bp −$24 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 11.63 bp | 177.8 bp −$178 | 854.4 bp −$8,544 | doesn't fit | doesn't fit |
POPCAT on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.5000% | 1h | 0.05524 | −2.299% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05618 | −0.639% | $1 | — | 10x | as long as short |
| Variational Omni POPCAT | +0.0058% | 4h | 0.05607 | −0.838% | $508K | $162K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05621 | −0.584% | $101K | $52K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05628 | −0.460% | $2.3M | $6.8M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05613 | −0.725% | $8.9M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05622 | −0.566% | $694K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05618 | −0.637% | $447K | $634K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05624 | −0.531% | $1.8M | $970K | 200x | as long as short |
| KuCoin POPCATUSDTMshort | +0.0100% | 4h | 0.05620 | −0.601% | $1.1M | $992K | 50x |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05615 | −0.690% | $1.2M | $940K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05622 | −0.566% | — | $6.8M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05609 | −0.799% | $245K | $485K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05610 | −0.778% | $22K | $656K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05621 | −0.583% | $95K | $520K | 10x | as long as short |
| BloFin POPCAT-USDTlong | +0.0340% | 4h | 0.05654 | long leg | $125K | $301K | 50x | |
| Kraken Futures PF_POPCATUSD | +0.0634% | 1h | 0.05621 | −0.577% | $150K | $146K | 20x | as long as short |
| Hyperliquid POPCAT | +0.1098% | 1h | 0.05634 | −0.348% | $2.6M | $992K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
Kraken Futures PF_POPCATUSD
Hyperliquid POPCAT