Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.004%
Price spread now: KuCoin against BloFin+0.565%7-day average +0.423% · you sell dearer than you buy
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$695as in the Price arb table
costs, in and out, $10k−$7097.094% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.565%, 7d avg +0.423%
=The price spread pays, funding is against you. KuCoin is 0.142% dearer against BloFin than usual: you sell high and buy low (spread +0.565% now, against its 7-day average of +0.423%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEEP-USDT | 0.01948 | 0.0128 | pay 0.0128% / 8h | 1h 01m | $134K | $32K | 50x |
| Short | KuCoin DEEPUSDTM | 0.01959 | 0.0100 | get 0.0050% / 4h | 1h 01m | $1.8M | $91K | 20x |
BloFin DEEP-USDT
KuCoin DEEPUSDTMFunding 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
- −$5.89
- Price spread: +0.565% → +0.423%
- $14.2
- Slippage, 4 orders
- −$685.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$701.05
- Costs to cover
- 7.094%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; KuCoin: live order book, 5 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, 6 min ago | 7.68 bp | 27.2 bp −$27 | 103.2 bp −$1,032 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.09 bp | 358.5 bp −$359 | doesn't fit | doesn't fit | doesn't fit |
DEEP on 12 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_DEEPUSD | −0.1247% | 1h | 0.01952 | +0.230% | $8K | $10K | 10x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01953 | +0.276% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01948 | 0.000% | $4.2M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01953 | +0.257% | $301K | $73K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01953 | +0.257% | $1.1M | $482K | 100x | as long as short |
| KuCoin DEEPUSDTMshort | +0.0100% | 4h | 0.01959 | +0.565% | $1.8M | $91K | 20x | |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01953 | +0.257% | $822K | $557K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01951 | +0.154% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01953 | +0.239% | $14K | $10K | — | as long as short |
| Bluefin DEEP-PERP | +0.0100% | 1h | 0.01952 | +0.205% | $80K | $11K | 20x | as long as short |
Kraken Futures PF_DEEPUSD
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Bluefin DEEP-PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.01953 | +0.272% | $5K | $237K | 5x | as long as short |
| BloFin DEEP-USDTlong | +0.0128% | 8h | 0.01948 | long leg | $134K | $32K | 50x |
Extended DEEP-USD