Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.013%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$762as in the Funding arb table
Net, price: spread back to 7d avg − costs−$761as in the Price arb table
costs, in and out, $10k−$7617.611% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.760%+$76 · spread now −0.013%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALTUSDTM | 0.007555 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $147K | $20K | 30x |
| Short | BloFin ALT-USDT | 0.007554 | 0.0090 | get 0.0045% / 4h | 3h 19m | $169K | $9K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.1
- Price spread: −0.013% → −0.013%
- −$0.03
- Slippage, 4 orders
- −$737.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$763.26
- Costs to cover
- 7.611%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 46 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, 1 min ago | 9.93 bp | 463.8 bp −$464 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 2.00 bp | 15.5 bp −$16 | 52.1 bp −$521 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.800% | $837 | $22 | 5.5x | as long as short |
| BloFin ALT-USDTshort | +0.0090% | 4h | 0.007554 | −0.013% | $169K | $9K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007547 | −0.106% | $1.1M | $132K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007551 | −0.048% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007541 | −0.185% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007542 | −0.172% | $50K | $382K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007551 | −0.053% | $382K | $170K | 50x | as long as short |
| KuCoin ALTUSDTMlong | +0.0100% | 4h | 0.007555 | long leg | $147K | $20K | 30x | |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007538 | −0.225% | $602K | $147K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007547 | −0.106% | — | $1.3M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007543 | −0.153% | $4K | $14K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0147% | 1h | 0.007554 | −0.013% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0380% | 1h | 0.007552 | −0.039% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0576% | 1h | 0.007560 | +0.066% | $13K | $2K | 50x | as long as short |
KuCoin ALTUSDTM
BloFin ALT-USDT
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX