Funding you earn now, next payment 00:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h −0.082%
Price spread now: BloFin against KuCoin−0.202%50s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$664as 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−$6386.383% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 3 days (all we have)+0.770%+$77 · spread now −0.202%, 7d avg −0.054%
=Funding pays, the price is against you. BloFin is 0.148% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.054%). If the spread goes back, that is −$15 on $10k: about 4.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.260%, so the current rate has only just turned in your favour. 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 LAUSDTM | 0.07440 | −0.0266 | get 0.0133% / 4h | 3h 30m | $1.0M | $60K | 30x |
| Short | BloFin LA-USDT | 0.07425 | −0.0156 | pay 0.0078% / 4h | 3h 30m | $251K | $19K | 25x |
KuCoin LAUSDTM
BloFin LA-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
- $23.08
- Price spread: −0.202% → −0.054%
- −$14.79
- Slippage, 4 orders
- −$614.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$630.03
- Costs to cover
- 6.383%
- Break-even
- 198.1 days
Slippage from KuCoin: live order book, 14 min ago; BloFin: live order book, 14 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, 14 min ago | 12.19 bp | 150.6 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 2.03 bp | 11.7 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDT | −0.0278% | 4h | 0.07435 | −0.067% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTMlong | −0.0266% | 4h | 0.07440 | long leg | $1.0M | $60K | 30x | |
| Bitget LAUSDT | −0.0256% | 4h | 0.07430 | −0.134% | $2.1M | $527K | 25x | as long as short |
| Aster LAUSDT | −0.0167% | 4h | 0.07427 | −0.173% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | −0.0160% | 4h | 0.07438 | −0.027% | $395K | $141K | 50x | as long as short |
| BloFin LA-USDTshort | −0.0156% | 4h | 0.07425 | −0.202% | $251K | $19K | 25x | |
| Binance LAUSDT | −0.0150% | 4h | 0.07435 | −0.066% | $4.7M | $8.3M | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0105% | 4h | 0.07434 | −0.081% | $1.3M | $2.7M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07439 | −0.013% | $2.4M | $2.3M | 25x | as long as short |
| Gate LA_USDT | +0.0100% | 4h | 0.07431 | −0.121% | $246K | $791K | 50x | as long as short |
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
Binance LAUSDT
OKX LA-USDT-SWAP
Bybit LAUSDT
Gate LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.402% | $143K | $469K | 10x | as long as short |
GRVT LA_USDT_Perp