Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin−0.131%50s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as 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−$3893.895% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.131%, 7d avg −0.075%
=Funding pays, the price is against you. KuCoin is 0.056% cheaper against BloFin than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.075%). If the spread goes back, that is −$6 on $10k: about 17 days of funding at the current rate ($0 a day). 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 | BloFin ID-USDT | 0.03816 | 0.0089 | pay 0.0044% / 4h | 1h 44m | $155K | $15K | 50x |
| Short | KuCoin IDUSDTM | 0.03811 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.1M | $67K | 30x |
BloFin ID-USDT
KuCoin IDUSDTMFunding 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
- $2.35
- Price spread: −0.131% → −0.075%
- −$5.61
- Slippage, 4 orders
- −$365.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$392.73
- Costs to cover
- 3.895%
- Break-even
- 1175.9 days
Slippage from BloFin: live order book, 22 min ago; KuCoin: live order book, 10 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, 22 min ago | 2.61 bp | 16.5 bp −$16 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 9.16 bp | 225.6 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | −0.0046% | 1h | 0.03810 | −0.163% | $4K | $4K | 10x | as long as short |
| BloFin ID-USDTlong | +0.0089% | 4h | 0.03816 | long leg | $155K | $15K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03811 | −0.142% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03812 | −0.105% | $2.4M | $3.9M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03815 | −0.026% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03813 | −0.079% | $258K | $221K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03813 | −0.079% | $380K | $212K | 20x | as long as short |
| KuCoin IDUSDTMshort | +0.0100% | 4h | 0.03811 | −0.131% | $1.1M | $67K | 30x | |
| Variational Omni ID | +0.0100% | 8h | 0.03810 | −0.149% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0260% | 4h | 0.03811 | −0.131% | — | $2.3M | — | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.0300% | 4h | 0.03825 | +0.236% | $993K | $743K | 50x | as long as short |
Bitget IDUSDT