Settings8H · net · $10k
Funding arb · Price arb /

POWER

all POWER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against KuCoin+0.364%50s7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3083.075% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.493%−$49 on $10k
Price spread, last 4 days (all we have)−0.359%−$36 · spread now +0.364%, 7d avg +0.135%
Together, before fees−0.852%−$85 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.228% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.135%. Mind the row above: over the last 7 days funding on this pair cost −0.493%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POWERUSDTM0.12100.0100pay 0.0050% / 4h3h 06m$2.4M$15.2M20x
ShortBloFin POWER-USDT0.12150.0126get 0.0063% / 4h3h 06m$211K$130K20x

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

Funding earned
$5.5
Price spread: +0.364% → +0.135%
$22.8
Slippage, 4 orders
−$283.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$279.2
Costs to cover
3.075%
Break-even
362.2 days
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago11.56 bp189.1 bp −$1892576.0 bp −$25.8Kdoesn't fitdoesn't fit
Sell BloFin live order book, 14 min ago1.24 bp35.1 bp −$35doesn't fitdoesn't fitdoesn't fit

POWER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance POWERUSDT+0.0100%4h0.1212+0.140%$3.6M$5.6M20xas long as short
Bybit POWERUSDT+0.0100%4h0.1214+0.264%$2.0M$1.5M20xas long as short
Gate POWER_USDT+0.0100%8h0.1216+0.454%$229K$114K20xas long as short
MEXC POWER_USDT+0.0100%4h0.1213+0.198%$14.0M$438K20xas long as short
KuCoin POWERUSDTMlong+0.0100%4h0.1210long leg$2.4M$15.2M20x
Bitget POWERUSDT+0.0100%4h0.1213+0.198%$3.3M$511K20xas long as short
BingX POWER-USDT+0.0100%4h0.1213+0.190%$1.4Mas long as short
Variational Omni POWER+0.0100%4h0.1215+0.374%$18K$3Kas long as short
Aster POWERUSDT+0.0123%4h0.1215+0.348%$24K$25K5xas long as short
BloFin POWER-USDTshort+0.0126%4h0.1215+0.364%$211K$130K20x