H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.012%

Price spread now: BloFin against KuCoin+0.373%50s7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$956as 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−$9589.582% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.373%, 7d avg +0.105%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.268% dearer against KuCoin than usual: you sell high and buy low (spread +0.373% now, against its 7-day average of +0.105%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. The two prices were read 50 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 HUSDTM	0.06976	0.0100	pay 0.0050% / 4h	38m 16s	$1.6M	$10.0M	8x
Short	BloFin H-USDT	0.07002	0.0052	get 0.0026% / 4h	38m 16s	$595K	$116K	25x

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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.373%Rate

Funding earned: −$10.17
Price spread: +0.373% → +0.105%: $26.77
Slippage, 4 orders: −$934.2
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$941.6
Costs to cover: 9.582%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 38 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, 5 min ago	8.59 bp	455.6 bp −$456	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	2.89 bp	34.2 bp −$34	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	−10.407%	$1K	$1	5.5x	as long as short
BloFin H-USDTshort	+0.0052%	4h	0.07002	+0.373%	$595K	$116K	25x
Aster HUSDT	+0.0100%	4h	0.06980	+0.060%	$115K	$53K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06984	+0.115%	$15.0M	$10.5M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06973	−0.043%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06993	+0.244%	$1.7M	$5.9M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06975	−0.014%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06979	+0.043%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTMlong	+0.0100%	4h	0.06976	long leg	$1.6M	$10.0M	8x
Bitget HUSDT	+0.0100%	4h	0.06976	0.000%	$1.7M	$451K	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	0.06986	+0.143%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06974	−0.027%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06992	+0.231%	$1.2M	$445K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06985	+0.126%	$11K	$107K	5x	as long as short