Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.038%65s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$610as 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−$6376.370% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.038%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 65 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 | KuCoin AXLUSDTM | 0.05205 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $436K | $74K | 30x |
| Short | BloFin AXL-USDT | 0.05203 | 0.0113 | get 0.0057% / 4h | 1h 42m | $118K | $10K | 50x |
KuCoin AXLUSDTM
BloFin AXL-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
- $2.83
- Price spread: −0.038% → −0.054%
- $1.51
- Slippage, 4 orders
- −$613.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$632.69
- Costs to cover
- 6.370%
- Break-even
- 1573.7 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 29 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 | 9.60 bp | 185.0 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 1.92 bp | 29.3 bp −$29 | 104.3 bp −$1,043 | doesn't fit | doesn't fit |
AXL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX AXL-USDT | +0.0070% | 4h | 0.05202 | −0.058% | — | $2.3M | — | as long as short |
| Aster AXLUSDT | +0.0100% | 4h | 0.05201 | −0.068% | $34K | $7K | 5x | as long as short |
| Binance AXLUSDT | +0.0100% | 4h | 0.05202 | −0.048% | $1.8M | $3.2M | 50x | as long as short |
| Bybit AXLUSDT | +0.0100% | 4h | 0.05202 | −0.058% | $1.5M | $1.4M | 25x | as long as short |
| MEXC AXL_USDT | +0.0100% | 4h | 0.05201 | −0.077% | $322K | $160K | 50x | as long as short |
| KuCoin AXLUSDTMlong | +0.0100% | 4h | 0.05205 | long leg | $436K | $74K | 30x | |
| Bitget AXLUSDT | +0.0100% | 4h | 0.05200 | −0.096% | $562K | $294K | 50x | as long as short |
| Variational Omni AXL | +0.0100% | 4h | 0.05196 | −0.181% | $6K | $23K | — | as long as short |
| BloFin AXL-USDTshort | +0.0113% | 4h | 0.05203 | −0.038% | $118K | $10K | 50x |
BingX AXL-USDT
Aster AXLUSDT
Binance AXLUSDT
Bybit AXLUSDT
MEXC AXL_USDT
Bitget AXLUSDT
Variational Omni AXL