Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against BloFin−0.031%50s7-day average +0.183% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as 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−$2162.157% of the position
Funding, last 7 days+0.742%+$74 on $10k
+Price spread, last 4 days (all we have)+0.909%+$91 · spread now −0.031%, 7d avg +0.183%
=Funding pays, the price is against you. KuCoin is 0.214% cheaper against BloFin than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.183%). If the spread goes back, that is −$21 on $10k: about 7.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.742% in total) that is about 2.0 days. The two prices were read 50 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 CELR-USDT | 0.003188 | −0.6589 | get 0.6589% / 8h | 1h 18m | $359K | $372K | 25x |
| Short | KuCoin CELRUSDTM | 0.003187 | −0.6496 | pay 0.6496% / 8h | 1h 18m | $428K | $3.8M | 25x |
BloFin CELR-USDT
KuCoin CELRUSDTMFunding 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
- $19.6
- Price spread: −0.031% → +0.183%
- −$21.43
- Slippage, 4 orders
- −$191.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$217.51
- Costs to cover
- 2.157%
- Break-even
- 84.7 days
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 9 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, 2 min ago | 7.84 bp | 21.5 bp −$21 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 6.28 bp | 70.7 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
CELR on 8 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_CELRUSD | −1.2159% | 1h | 0.003174 | −0.440% | $35K | $48K | 10x | as long as short |
| BloFin CELR-USDTlong | −0.6589% | 8h | 0.003188 | long leg | $359K | $372K | 25x | |
| MEXC CELR_USDT | −0.6563% | 8h | 0.003182 | −0.188% | $511K | $1.4M | 50x | as long as short |
| Binance CELRUSDT | −0.6554% | 8h | 0.003183 | −0.157% | $3.8M | $42.9M | 25x | as long as short |
| KuCoin CELRUSDTMshort | −0.6496% | 8h | 0.003187 | −0.031% | $428K | $3.8M | 25x | |
| Bitget CELRUSDT | −0.6286% | 8h | 0.003183 | −0.157% | $601K | $4.1M | 25x | as long as short |
| Gate CELR_USDT | −0.5976% | 8h | 0.003185 | −0.094% | $223K | $1.2M | 25x | as long as short |
| BingX CELR-USDT | −0.4421% | 8h | 0.003185 | −0.094% | — | $2.7M | — | as long as short |
Kraken Futures PF_CELRUSD
MEXC CELR_USDT
Binance CELRUSDT
Bitget CELRUSDT
Gate CELR_USDT
BingX CELR-USDT