Funding you earn now, next payment 20:00 UTC−0.0059%/8hnext payment −$0.30 per $10,000 · paid last 24h −0.078%
Price spread now: KuCoin against BloFin−0.367%80s7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$807as 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−$7857.851% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 3 days (all we have)+1.111%+$111 · spread now −0.367%, 7d avg −0.101%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.265% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.101%). Swap the legs. The two prices were read 80 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 B-USDT | 0.2019 | 0.0527 | pay 0.0264% / 4h | 19m 57s | $600K | $40K | 20x |
| Short | KuCoin BUSDTM | 0.2012 | 0.0468 | get 0.0234% / 4h | 19m 57s | $1.9M | $69K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.47
- Price spread: −0.367% → −0.101%
- −$26.51
- Slippage, 4 orders
- −$761.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$824.08
- Costs to cover
- 7.851%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 10 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, 10 min ago | 2.48 bp | 21.9 bp −$22 | 93.5 bp −$935 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 6.46 bp | 400.4 bp −$400 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2014 | −0.272% | $1.8M | $874K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2012 | −0.347% | $3.4M | $572K | 20x | as long as short |
| Bitget BUSDT | +0.0204% | 4h | 0.2017 | −0.099% | $2.7M | $216K | 10x | as long as short |
| KuCoin BUSDTMshort | +0.0468% | 4h | 0.2012 | −0.367% | $1.9M | $69K | 10x | |
| BingX B-USDT | +0.0518% | 4h | 0.2015 | −0.198% | — | $1.2M | — | as long as short |
| BloFin B-USDTlong | +0.0527% | 4h | 0.2019 | long leg | $600K | $40K | 20x | |
| MEXC B_USDT | +0.0558% | 4h | 0.2015 | −0.198% | $953K | $375K | 100x | as long as short |
| edgeX BUSDC | +0.0559% | 4h | 0.2019 | −0.019% | $3K | $396K | 5x | as long as short |
| Binance BUSDT | +0.0565% | 4h | 0.2016 | −0.149% | $11.6M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0568% | 1h | 0.2016 | −0.158% | $15K | $117K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1275% | 4h | 0.2016 | −0.126% | $1.9M | $180K | 5x | as long as short |
BloFin B-USDT
KuCoin BUSDTM
Bybit BUSDT
Gate B_USDT
Bitget BUSDT
BingX B-USDT
MEXC B_USDT
edgeX BUSDC
Binance BUSDT
Extended B-USD
Aster BUSDT