Funding you earn now, next payment 12:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against BloFin+0.156%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$791as in the Funding arb table
Net, price: spread back to 7d avg − costs−$746as in the Price arb table
costs, in and out, $10k−$7567.562% of the position
Funding, last 7 days−0.345%−$34 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.156%, 7d avg +0.055%
=The price spread pays, funding is against you. KuCoin is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.055%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.345% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AXL-USDT | 0.05133 | 0.0124 | pay 0.0062% / 4h | 44m 30s | $86K | $9K | 50x |
| Short | KuCoin AXLUSDTM | 0.05141 | 0.0100 | get 0.0050% / 4h | 44m 30s | $445K | $55K | 30x |
BloFin AXL-USDT
KuCoin AXLUSDTMFunding 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
- −$4.95
- Price spread: +0.156% → +0.055%
- $10.1
- Slippage, 4 orders
- −$732.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$751.08
- Costs to cover
- 7.562%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; KuCoin: live order book, 50 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, 51 min ago | 1.95 bp | 33.6 bp −$34 | 100.0 bp −$1,000 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 11.69 bp | 354.0 bp −$354 | doesn't fit | doesn't fit | doesn't fit |
AXL on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05143 | +0.195% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05141 | +0.153% | $34K | $5K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05142 | +0.172% | $1.8M | $2.5M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05148 | +0.292% | $1.4M | $1.0M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05140 | +0.136% | $302K | $141K | 50x | as long as short |
| KuCoin AXLUSDTMshort | +0.0100% | 4h | 0.05141 | +0.156% | $445K | $55K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05141 | +0.156% | $556K | $272K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05135 | +0.043% | $6K | $23K | — | as long as short |
| BloFin AXL-USDTlong | +0.0124% | 4h | 0.05133 | long leg | $86K | $9K | 50x |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Bitget AXLUSDT
Variational Omni AXL