Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against KuCoin+0.071%95s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$490.494% of the position
Funding, last 7 days+0.295%+$29 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.071%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.069% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 95 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 FILUSDTM | 0.9909 | 0.0062 | pay 0.0062% / 8h | 1h 51m | $7.1M | $8.0M | 50x |
| Short | BloFin FIL-USDT | 0.9916 | 0.0220 | get 0.0220% / 8h | 1h 51m | $2.7M | $701K | 75x |
KuCoin FILUSDTM
BloFin FIL-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
- $33.18
- Price spread: +0.071% → +0.001%
- $6.95
- Slippage, 4 orders
- −$25.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.28
- Costs to cover
- 0.494%
- Break-even
- 9.0 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 1 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, 6 min ago | 2.01 bp | 15.3 bp −$15 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.01 bp | 10.5 bp −$10 | 17.2 bp −$172 | 37.7 bp −$3,770 | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0556% | 1h | 0.9916 | +0.071% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 0.9920 | +0.111% | $355K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9912 | +0.026% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9913 | +0.038% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.545% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0045% | 8h | 0.9910 | +0.010% | $18.0M | $109.5M | 50x | as long as short |
| KuCoin FILUSDTMlong | +0.0062% | 8h | 0.9909 | long leg | $7.1M | $8.0M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9908 | −0.015% | $147K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9912 | +0.026% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9914 | +0.052% | $506K | $606K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9911 | +0.020% | $56.0M | $188.0M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9909 | 0.000% | $15.6M | $20.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9908 | −0.010% | $8.2M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9906 | −0.030% | $234K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9908 | −0.010% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9909 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9941 | +0.321% | $450K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9931 | +0.223% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9926 | +0.176% | $299K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9950 | +0.414% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9919 | +0.104% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9900 | −0.091% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9908 | −0.010% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9921 | +0.121% | $615K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | −0.091% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9905 | −0.039% | $697K | $1.4M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9916 | +0.071% | $2.7M | $701K | 75x | |
| Kraken Futures PF_FILUSD | +0.0246% | 1h | 0.9915 | +0.056% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9911 | +0.024% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]