Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.051%
Price spread now: BloFin against KuCoin−0.038%50s7-day average +0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$891as 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−$8768.759% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.038%, 7d avg +0.159%
=Funding pays, the price is against you. BloFin is 0.197% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.159%). If the spread goes back, that is −$20 on $10k: about 52 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.148%, 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPACEUSDTM | 0.005219 | 0.0114 | pay 0.0057% / 4h | 2h 04m | $669K | $101K | 20x |
| Short | BloFin SPACE-USDT | 0.005217 | 0.0127 | get 0.0063% / 4h | 2h 04m | $160K | $11K | 50x |
KuCoin SPACEUSDTM
BloFin SPACE-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.63
- Price spread: −0.038% → +0.159%
- −$19.73
- Slippage, 4 orders
- −$851.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$893
- Costs to cover
- 8.759%
- Break-even
- 2382.0 days
Slippage from KuCoin: live order book, 55 min ago; BloFin: live order book, 10 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, 55 min ago | 22.11 bp | 443.9 bp −$444 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 7.65 bp | 35.0 bp −$35 | 108.0 bp −$1,080 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005218 | −0.011% | $1.9M | $2.4M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005210 | −0.172% | $809K | $198K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005203 | −0.307% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005209 | −0.192% | $783K | $362K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005218 | −0.019% | $446K | $156K | 20x | as long as short |
| KuCoin SPACEUSDTMlong | +0.0114% | 4h | 0.005219 | long leg | $669K | $101K | 20x | |
| BloFin SPACE-USDTshort | +0.0127% | 4h | 0.005217 | −0.038% | $160K | $11K | 50x | |
| Bitget SPACEUSDT | +0.0210% | 4h | 0.005215 | −0.077% | $926K | $279K | 20x | as long as short |
| Aster SPACEUSDT | +0.0916% | 4h | 0.005217 | −0.035% | $17K | $36K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
Bitget SPACEUSDT
Aster SPACEUSDT