Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment $0.19 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against KuCoin−0.284%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.284% cheaper against KuCoin than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CPUSDTM0.014060.0100pay 0.0050% / 4h3h 18m$199K$896K20x
ShortBloFin CP-USDT0.014020.0061get 0.0031% / 4h3h 18m$426$43K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$8.16
Price spread: −0.284% → 0.000%
−$28.45
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$60.61
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 26 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 26 min ago10.64 bp183.8 bp −$184doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CP-USDTshort+0.0061%4h0.01402−0.284%$426$43K20x
BingX CP-USDT+0.0070%4h0.01404−0.142%$1.1Mas long as short
OKX CP-USDT-SWAP+0.0100%4h0.01405−0.071%$3.9M$11.9M20xas long as short
Gate CP_USDT+0.0100%4h0.01403−0.213%$613K$567K20xas long as short
MEXC CP_USDT+0.0100%4h0.01403−0.213%$1.5M$391K20xas long as short
KuCoin CPUSDTMlong+0.0100%4h0.01406long leg$199K$896K20x
Bitget CPUSDT+0.0100%4h0.01404−0.128%$808K$1.7M20xas long as short
Bybit CPUSDT+0.1008%4h0.01407+0.071%$1.5M$2.9M20xas long as short