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

H

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$8168.160% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.537%−$54 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin H-USDT0.069340.0041pay 0.0020% / 4h1h 44m$599K$113K25x
ShortKuCoin HUSDTM0.069490.0100get 0.0050% / 4h1h 44m$1.6M$10.1M8x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 42 min ago7.97 bp28.7 bp −$29119.8 bp −$1,198doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago4.33 bp370.4 bp −$370doesn't fitdoesn't fitdoesn't fit

H on 14 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
Injective H/USDC PERP+0.0033%1h0.06250−9.864%$1K$15.5xas long as short
BloFin H-USDTlong+0.0041%4h0.06934long leg$599K$113K25x
Aster HUSDT+0.0100%4h0.06948+0.202%$113K$58K5xas long as short
Binance HUSDT+0.0100%4h0.06958+0.343%$14.8M$11.2M10xas long as short
Bybit HUSDT+0.0100%4h0.06942+0.118%$7.6M$5.0M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.06959+0.361%$1.8M$6.6M10xas long as short
Gate H_USDT+0.0100%4h0.06943+0.130%$2.9M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.06954+0.288%$6.2M$1.2M20xas long as short
KuCoin HUSDTMshort+0.0100%4h0.06949+0.216%$1.6M$10.1M8x
Bitget HUSDT+0.0100%4h0.06952+0.260%$1.7M$450K4xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX H-USDT+0.0100%4h0.06950+0.231%$2.8Mas long as short
Variational Omni H+0.0100%4h0.06935+0.019%$9K$7Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06934+0.007%$1.2M$465K10xas long as short
Extended H-USD+0.0104%1h0.06954+0.289%$14K$95K5xas long as short