Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against KuCoin+0.179%110s7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as 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−$2592.587% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.215%−$21 · spread now +0.179%, 7d avg −0.054%
=The price spread pays, funding is against you. BloFin is 0.233% dearer against KuCoin than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of −0.054%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.014% in total) that is about 4 months. The two prices were read 110 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 COMPUSDTM | 22.350 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $403K | $110K | 30x |
| Short | BloFin COMP-USDT | 22.390 | 0.0059 | get 0.0059% / 8h | 2h 27m | $237K | $175K | 20x |
KuCoin COMPUSDTM
BloFin COMP-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
- −$8.6
- Price spread: +0.179% → −0.054%
- $23.27
- Slippage, 4 orders
- −$234.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$243.98
- Costs to cover
- 2.587%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 31 min ago; BloFin: live order book, 54 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, 31 min ago | 13.35 bp | 77.6 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 6.63 bp | 17.6 bp −$18 | 37.9 bp −$379 | 287.1 bp −$28.7K | doesn't fit |
COMP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0644% | 1h | 22.350 | 0.000% | $215 | $439 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0534% | 1h | 22.375 | +0.113% | $221K | $94K | 20x | as long as short |
| dYdX COMP-USD | −0.0078% | 1h | 22.370 | +0.089% | $68K | — | 5x | as long as short |
| MEXC COMP_USDT | +0.0053% | 8h | 22.340 | −0.045% | $2.4M | $778K | 20x | as long as short |
| Binance COMPUSDT | +0.0053% | 8h | 22.340 | −0.045% | $4.2M | $6.4M | 75x | as long as short |
| BloFin COMP-USDTshort | +0.0059% | 8h | 22.390 | +0.179% | $237K | $175K | 20x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.374 | +0.107% | $856K | $345K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.370 | +0.089% | $3.8M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.340 | −0.045% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.330 | −0.089% | $218K | $56K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTMlong | +0.0100% | 8h | 22.350 | long leg | $403K | $110K | 30x | |
| Bitget COMPUSDT | +0.0100% | 8h | 22.330 | −0.089% | $1.9M | $587K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.350 | 0.000% | — | $34.4M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.407 | +0.253% | $14K | $30K | — | as long as short |
| Injective COMP/USDC PERP | +0.0239% | 1h | 22.820 | +2.103% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0384% | 1h | 22.980 | +2.819% | $18K | $44K | 25x | as long as short |
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX