Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against KuCoin+0.334%665s7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$440as 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−$4354.354% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 3 days (all we have)−0.408%−$41 · spread now +0.334%, 7d avg +0.109%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.225% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.109%. The two prices were read 665 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 MASKUSDTM | 0.4796 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $591K | $171K | 50x |
| Short | BloFin MASK-USDT | 0.4812 | 0.0137 | get 0.0069% / 4h | 2h 38m | $128K | $15K | 50x |
KuCoin MASKUSDTM
BloFin MASK-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
- $7.8
- Price spread: +0.334% → +0.109%
- $22.46
- Slippage, 4 orders
- −$411.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$405.18
- Costs to cover
- 4.354%
- Break-even
- 370.4 days
Slippage from KuCoin: live order book, 75 min ago; BloFin: live order book, 13 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, 75 min ago | 13.40 bp | 174.8 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 3.12 bp | 21.7 bp −$22 | 61.0 bp −$610 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4799 | +0.073% | $2.5M | $5.4M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4800 | +0.083% | $1.3M | $1.0M | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4799 | +0.063% | $500K | $1.3M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4804 | +0.167% | $279K | $237K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4800 | +0.083% | $1.0M | $231K | 50x | as long as short |
| KuCoin MASKUSDTMlong | +0.0100% | 4h | 0.4796 | long leg | $591K | $171K | 50x | |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4801 | +0.104% | $508K | $357K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4796 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4796 | −0.005% | $23K | $21 | — | as long as short |
| BloFin MASK-USDTshort | +0.0137% | 4h | 0.4812 | +0.334% | $128K | $15K | 50x |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK