ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.004%

Price spread now: KuCoin against BloFin+0.018%50s7-day average −0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$245as 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−$2422.419% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 3 days (all we have)+0.144%+$14 · spread now +0.018%, 7d avg −0.114%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.132% dearer against BloFin than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.114%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.035% in total) that is about 26 days. 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	BloFin ATH-USDT	0.005523	0.0141	pay 0.0070% / 4h	3h 30m	$171K	$62K	75x
Short	KuCoin ATHUSDTM	0.005524	0.0100	get 0.0050% / 4h	3h 30m	$556K	$108K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$8.57
Price spread: +0.018% → −0.114%: $13.24
Slippage, 4 orders: −$217.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$237.21
Costs to cover: 2.419%
Break-even: never at this rate

Slippage from BloFin: live order book, 12 min ago; KuCoin: live order book, 12 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, 12 min ago	7.34 bp	18.1 bp −$18	56.0 bp −$560	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	0.92 bp	84.3 bp −$84	doesn't fit	doesn't fit	doesn't fit

ATH on 13 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_ATHUSD	−0.3355%	1h	0.005527	+0.066%	$20K	$107K	10x	as long as short
Variational Omni ATH	−0.0375%	4h	0.005508	−0.273%	$185K	$94K	—	as long as short
dYdX ATH-USD	−0.0057%	1h	0.005537	+0.254%	$11K	$16	5x	as long as short
OKX ATH-USDT-SWAP	+0.0003%	4h	0.005529	+0.109%	$710K	$1.2M	20x	as long as short
Aster ATHUSDT	+0.0100%	4h	0.005532	+0.170%	$7K	$36K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005537	+0.257%	$3.4M	$3.8M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005529	+0.109%	$4.5M	$2.2M	25x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005533	+0.181%	$792K	$516K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005536	+0.235%	$8.7M	$742K	50x	as long as short
KuCoin ATHUSDTMshort	+0.0100%	4h	0.005524	+0.018%	$556K	$108K	30x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005536	+0.235%	$1.5M	$785K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005532	+0.163%	—	$21.8M	—	as long as short
BloFin ATH-USDTlong	+0.0141%	4h	0.005523	long leg	$171K	$62K	75x