Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.040%80s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$729as 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−$7307.304% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.040%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.029% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%. The two prices were read 80 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 ALT-USDT | 0.007584 | 0.0095 | pay 0.0048% / 4h | 2h 03m | $169K | $9K | 50x |
| Short | KuCoin ALTUSDTM | 0.007587 | 0.0100 | get 0.0050% / 4h | 2h 03m | $146K | $19K | 30x |
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
- $0.97
- Price spread: +0.040% → +0.010%
- $2.92
- Slippage, 4 orders
- −$706.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$726.48
- Costs to cover
- 7.304%
- Break-even
- 5237.7 days
Slippage from BloFin: live order book, 11 min ago; KuCoin: live order book, 52 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, 11 min ago | 0.66 bp | 18.3 bp −$18 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 7.88 bp | 229.2 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
ALT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0471% | 1h | 0.007584 | +0.001% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007585 | +0.013% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.411% | $837 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0071% | 4h | 0.007575 | −0.116% | $4K | $16K | — | as long as short |
| BloFin ALT-USDTlong | +0.0095% | 4h | 0.007584 | long leg | $169K | $9K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007579 | −0.066% | $1.1M | $140K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007584 | 0.000% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007578 | −0.079% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007583 | −0.013% | $50K | $397K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007583 | −0.013% | $381K | $173K | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTMshort | +0.0100% | 4h | 0.007587 | +0.040% | $146K | $19K | 30x | |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007571 | −0.171% | $608K | $131K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007582 | −0.026% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.411% | $14K | $2K | 50x | as long as short |
BloFin ALT-USDT
KuCoin ALTUSDTM
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX