Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin−0.075%65s7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$353as 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−$3593.587% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now −0.075%, 7d avg −0.103%
=The price spread pays, funding is against you. KuCoin is 0.028% dearer against BloFin than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.103%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. 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 UB-USDT | 0.1449 | 0.0110 | pay 0.0055% / 4h | 1h 02m | $153K | $933K | 50x |
| Short | KuCoin UBUSDTM | 0.1448 | 0.0100 | get 0.0050% / 4h | 1h 02m | $1.0M | $1.2M | 20x |
Funding 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
- −$2.03
- Price spread: −0.075% → −0.103%
- $2.82
- Slippage, 4 orders
- −$334.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$357.87
- Costs to cover
- 3.587%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; KuCoin: live order book, 3 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, 40 min ago | 0.35 bp | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 13.15 bp | 105.2 bp −$105 | 804.3 bp −$8,043 | doesn't fit | doesn't fit |
UB on 14 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 UBUSDT | +0.0100% | 4h | 0.1452 | +0.255% | $3.0M | $16.7M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1451 | +0.124% | $962K | $2.6M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1450 | +0.104% | $1.3M | $14.5M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1449 | +0.007% | $1.5M | $3.6M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1453 | +0.304% | $590K | $687K | 100x | as long as short |
| KuCoin UBUSDTMshort | +0.0100% | 4h | 0.1448 | −0.075% | $1.0M | $1.2M | 20x | |
| Bitget UBUSDT | +0.0100% | 4h | 0.1452 | +0.193% | $2.3M | $3.4M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1451 | +0.166% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1443 | −0.392% | $156 | $8K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1445 | −0.266% | $37K | $268K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX UB-USDT | +0.0100% | 4h | 0.1453 | +0.297% | $16K | $253K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1453 | +0.290% | $934 | $170K | 5x | as long as short |
| BloFin UB-USDTlong | +0.0110% | 4h | 0.1449 | long leg | $153K | $933K | 50x | |
| Aster UBUSDT | +0.0447% | 4h | 0.1447 | −0.117% | $393K | $179K | 5x | as long as short |
BloFin UB-USDT
KuCoin UBUSDTM
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT