Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.059%
Price spread now: KuCoin against BloFin−0.292%65s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as 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−$1401.398% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 3 days (all we have)+0.385%+$38 · spread now −0.292%, 7d avg +0.023%
=Funding pays, the price is against you. KuCoin is 0.315% cheaper against BloFin than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of +0.023%). If the spread goes back, that is −$32 on $10k: about 29 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.462%, so the current rate has only just turned in your favour. The two prices were read 65 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 ETHFI-USDT | 0.7181 | 0.0064 | pay 0.0032% / 4h | 3h 52m | $1.3M | $282K | 75x |
| Short | KuCoin ETHFIUSDTM | 0.7160 | 0.0100 | get 0.0050% / 4h | 3h 52m | $1.2M | $269K | 50x |
BloFin ETHFI-USDT
KuCoin ETHFIUSDTMFunding 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
- $7.61
- Price spread: −0.292% → +0.023%
- −$31.54
- Slippage, 4 orders
- −$115.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$163.76
- Costs to cover
- 1.398%
- Break-even
- 157.6 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 3 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, 5 min ago | 2.80 bp | 15.6 bp −$16 | 30.9 bp −$309 | 99.2 bp −$9,922 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.99 bp | 53.8 bp −$54 | 159.4 bp −$1,594 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | −0.0546% | 4h | 0.7152 | −0.404% | $18.1M | $13.2M | 25x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0309% | 1h | 0.7156 | −0.348% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0194% | 4h | 0.7151 | −0.418% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0134% | 4h | 0.7161 | −0.279% | $83K | $166K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0045% | 8h | 0.7167 | −0.197% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | −0.0003% | 4h | 0.7158 | −0.327% | $1.0M | $746K | — | as long as short |
| MEXC ETHFI_USDT | +0.0014% | 4h | 0.7161 | −0.279% | $15.3M | $3.8M | 125x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7164 | −0.238% | $93K | $497K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0017% | 4h | 0.7150 | −0.432% | $24.9M | $37.4M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.822% | $321 | $51K | 5.5x | as long as short |
Bybit ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
MEXC ETHFI_USDT
Extended ETHFI-USD
Binance ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDTlong | +0.0064% | 4h | 0.7181 | long leg | $1.3M | $282K | 75x | |
| Gate ETHFI_USDT | +0.0070% | 4h | 0.7154 | −0.376% | $1.7M | $2.0M | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7150 | −0.432% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7162 | −0.267% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7158 | −0.319% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7162 | −0.260% | $183K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7157 | −0.334% | $5.0M | $12.6M | 20x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7160 | −0.292% | $1.2M | $269K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7149 | −0.446% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7154 | −0.376% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7170 | −0.146% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7174 | −0.097% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.780% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0221% | 1h | 0.7164 | −0.242% | $275K | $162K | 20x | as long as short |
Gate ETHFI_USDT
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD