Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin+0.216%65s7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$817as 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−$8168.160% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.522%−$52 · spread now +0.216%, 7d avg −0.089%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.305% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.089%. 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 H-USDT | 0.06934 | 0.0041 | pay 0.0020% / 4h | 1h 44m | $599K | $113K | 25x |
| Short | KuCoin HUSDTM | 0.06949 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.6M | $10.1M | 8x |
Funding 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
- $12.39
- Price spread: +0.216% → −0.089%
- $30.54
- Slippage, 4 orders
- −$792.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$773.11
- Costs to cover
- 8.160%
- Break-even
- 443.8 days
Slippage from BloFin: live order book, 42 min ago; KuCoin: live order book, 4 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, 42 min ago | 7.97 bp | 28.7 bp −$29 | 119.8 bp −$1,198 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.33 bp | 370.4 bp −$370 | doesn't fit | doesn't fit | doesn't fit |
H on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective H/USDC PERP | +0.0033% | 1h | 0.06250 | −9.864% | $1K | $1 | 5.5x | as long as short |
| BloFin H-USDTlong | +0.0041% | 4h | 0.06934 | long leg | $599K | $113K | 25x | |
| Aster HUSDT | +0.0100% | 4h | 0.06948 | +0.202% | $113K | $58K | 5x | as long as short |
| Binance HUSDT | +0.0100% | 4h | 0.06958 | +0.343% | $14.8M | $11.2M | 10x | as long as short |
| Bybit HUSDT | +0.0100% | 4h | 0.06942 | +0.118% | $7.6M | $5.0M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06959 | +0.361% | $1.8M | $6.6M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06943 | +0.130% | $2.9M | $1.8M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06954 | +0.288% | $6.2M | $1.2M | 20x | as long as short |
| KuCoin HUSDTMshort | +0.0100% | 4h | 0.06949 | +0.216% | $1.6M | $10.1M | 8x | |
| Bitget HUSDT | +0.0100% | 4h | 0.06952 | +0.260% | $1.7M | $450K | 4x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX H-USDT | +0.0100% | 4h | 0.06950 | +0.231% | — | $2.8M | — | as long as short |
| Variational Omni H | +0.0100% | 4h | 0.06935 | +0.019% | $9K | $7K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.06934 | +0.007% | $1.2M | $465K | 10x | as long as short |
| Extended H-USD | +0.0104% | 1h | 0.06954 | +0.289% | $14K | $95K | 5x | as long as short |
BloFin H-USDT
KuCoin HUSDTM
Injective H/USDC PERP
Aster HUSDT
Binance HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
Bitget HUSDT
BingX H-USDT
Variational Omni H
GRVT H_USDT_Perp
Extended H-USD