Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: KuCoin against BloFin−0.146%80s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as 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−$3643.636% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.146%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.160% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.014%). 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 BANK-USDT | 0.03434 | 0.0340 | pay 0.0170% / 4h | 1h 43m | $446K | $85K | 50x |
| Short | KuCoin BANKUSDTM | 0.03429 | 0.0100 | get 0.0050% / 4h | 1h 43m | $1.1M | $168K | 50x |
BloFin BANK-USDT
KuCoin BANKUSDTMFunding 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
- −$50.4
- Price spread: −0.146% → +0.014%
- −$15.98
- Slippage, 4 orders
- −$339.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$430.01
- Costs to cover
- 3.636%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; KuCoin: live order book, 4 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, 65 min ago | 1.45 bp | 15.0 bp −$15 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 13.11 bp | 171.6 bp −$172 | 592.5 bp −$5,925 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03429 | −0.136% | $55K | $77K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03431 | −0.081% | $7.4M | $27.0M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03433 | −0.029% | $2.9M | $5.7M | 20x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03429 | −0.146% | $706K | $1.2M | 10x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03430 | −0.116% | $2.4M | $413K | 20x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03429 | −0.146% | $1.1M | $168K | 50x | |
| Bitget BANKUSDT | +0.0100% | 4h | 0.03430 | −0.116% | $2.7M | $3.2M | 25x | as long as short |
| BingX BANK-USDT | +0.0100% | 4h | 0.03431 | −0.087% | — | $6.8M | — | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03430 | −0.116% | $39K | $196K | 20x | as long as short |
| edgeX BANKUSDC | +0.0103% | 4h | 0.03434 | +0.004% | $1K | $248K | 5x | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
Bitget BANKUSDT
BingX BANK-USDT
HTX BANK-USDT
edgeX BANKUSDCShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTlong | +0.0340% | 4h | 0.03434 | long leg | $446K | $85K | 50x |