Funding you earn now, next payment 04:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.100%
Price spread now: BloFin against KuCoin+0.196%65s7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,071as 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−$1,10911.085% of the position
Funding, last 7 days+0.372%+$37 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.196%, 7d avg +0.160%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.160%. 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 | KuCoin USUSDTM | 0.01633 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $4.1M | $287K | 20x |
| Short | BloFin US-USDT | 0.01636 | 0.0436 | get 0.0218% / 4h | 1h 26m | $481K | $48K | 10x |
KuCoin USUSDTM
BloFin US-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
- $70.5
- Price spread: +0.196% → +0.160%
- $3.55
- Slippage, 4 orders
- −$1,084.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,034.45
- Costs to cover
- 11.085%
- Break-even
- 109.7 days
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 15 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, 2 min ago | 25.73 bp | 578.4 bp −$578 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 2.44 bp | 36.3 bp −$36 | 65.0 bp −$650 | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01636 | +0.190% | $3.2M | $916K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01634 | +0.067% | $2.1M | $595K | 20x | as long as short |
| KuCoin USUSDTMlong | +0.0100% | 4h | 0.01633 | long leg | $4.1M | $287K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.218% | $16K | $3K | — | as long as short |
| Extended US-USD | +0.0408% | 1h | 0.01636 | +0.204% | $1K | $97K | 5x | as long as short |
| Binance USUSDT | +0.0408% | 4h | 0.01637 | +0.233% | $9.1M | $3.3M | 10x | as long as short |
| Aster USUSDT | +0.0410% | 4h | 0.01636 | +0.195% | $12K | $54K | 5x | as long as short |
| MEXC US_USDT | +0.0418% | 4h | 0.01637 | +0.263% | $5.5M | $113K | 100x | as long as short |
| BingX US-USDT | +0.0426% | 4h | 0.01637 | +0.257% | — | $1.3M | — | as long as short |
| Bitget USUSDT | +0.0430% | 4h | 0.01638 | +0.300% | $4.3M | $256K | 10x | as long as short |
Bybit USUSDT
Gate US_USDT
Variational Omni US
Extended US-USD
Binance USUSDT
Aster USUSDT
MEXC US_USDT
BingX US-USDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDTshort | +0.0436% | 4h | 0.01636 | +0.196% | $481K | $48K | 10x |