Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.253%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4424.419% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)−0.326%−$33 · spread now +0.253%, 7d avg +0.118%
=The price spread pays, funding is against you. BloFin is 0.136% dearer against KuCoin than usual: you sell high and buy low (spread +0.253% now, against its 7-day average of +0.118%): +$14 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ATHUSDTM | 0.005526 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $559K | $77K | 30x |
| Short | BloFin ATH-USDT | 0.005540 | 0.0057 | get 0.0029% / 4h | 3h 01m | $170K | $68K | 75x |
KuCoin ATHUSDTM
BloFin ATH-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
- −$9.01
- Price spread: +0.253% → +0.118%
- $13.56
- Slippage, 4 orders
- −$417.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$437.36
- Costs to cover
- 4.419%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 52 min ago; BloFin: live order book, 63 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, 52 min ago | 15.31 bp | 143.3 bp −$143 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 0.90 bp | 21.2 bp −$21 | 71.6 bp −$716 | 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 | −0.2818% | 1h | 0.005518 | −0.146% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0094% | 4h | 0.005508 | −0.334% | $185K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005537 | +0.201% | $11K | $57 | 5x | as long as short |
| BloFin ATH-USDTshort | +0.0057% | 4h | 0.005540 | +0.253% | $170K | $68K | 75x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005525 | −0.019% | $6K | $39K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005525 | −0.019% | $3.4M | $4.0M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005510 | −0.290% | $4.4M | $2.4M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005513 | −0.235% | $703K | $1.2M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005522 | −0.072% | $789K | $535K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005525 | −0.018% | $8.9M | $591K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTMlong | +0.0100% | 4h | 0.005526 | long leg | $559K | $77K | 30x | |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005518 | −0.145% | $1.5M | $867K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005517 | −0.163% | — | $21.7M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT