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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h −0.004%
Price spread now: BloFin against KuCoin−0.453%95s7-day average −0.423% · you buy dearer than you sell
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4174.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.340%−$34 · spread now −0.453%, 7d avg −0.423%
Together, before fees−0.379%−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.031% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.423%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DEEPUSDTM0.019860.0100pay 0.0050% / 4h1h 03m$1.8M$93K20x
ShortBloFin DEEP-USDT0.019770.0106get 0.0106% / 8h5h 03m$139K$34K50x

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
$1.28
Price spread: −0.453% → −0.423%
−$3.06
Slippage, 4 orders
−$393.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$419.25
Costs to cover
4.175%
Break-even
2300.0 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 33 min ago.

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, 3 min ago15.11 bp169.6 bp −$170doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago2.52 bp33.3 bp −$33109.6 bp −$1,096doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.4228%1h0.01980−0.302%$81K$13K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01982−0.182%$2.1M$6.1M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01978−0.403%$4.3M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01979−0.352%$305K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01980−0.302%$1.1M$498K100xas long as short
KuCoin DEEPUSDTMlong+0.0100%4h0.01986long leg$1.8M$93K20x
Bitget DEEPUSDT+0.0100%4h0.01980−0.302%$812K$593K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01978−0.403%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01977−0.473%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01981−0.251%$3K$202K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDTshort+0.0106%8h0.01977−0.453%$139K$34K50x
Kraken Futures PF_DEEPUSD+3.3739%1h0.01976−0.505%$7K$7K10xas long as short