Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BloFin−0.185%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$591as in the Funding arb table
Net, price: spread back to 7d avg − costs−$620as in the Price arb table
costs, in and out, $10k−$5975.972% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.295%+$30 · spread now −0.185%, 7d avg +0.042%
=Funding pays, the price is against you. KuCoin is 0.227% cheaper against BloFin than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of +0.042%). If the spread goes back, that is −$23 on $10k: about 34 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ME-USDT | 0.07576 | 0.0078 | pay 0.0039% / 4h | 56m 32s | $108K | $9K | 50x |
| Short | KuCoin MEUSDTM | 0.07562 | 0.0100 | get 0.0050% / 4h | 56m 32s | $216K | $33K | 30x |
BloFin ME-USDT
KuCoin MEUSDTMFunding 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
- $4.65
- Price spread: −0.185% → +0.042%
- −$22.7
- Slippage, 4 orders
- −$573.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$615.22
- Costs to cover
- 5.972%
- Break-even
- 933.2 days
Slippage from BloFin: live order book, 10 min ago; KuCoin: live order book, 45 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, 10 min ago | 1.98 bp | 16.1 bp −$16 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 31.90 bp | 249.6 bp −$250 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDTlong | +0.0078% | 4h | 0.07576 | long leg | $108K | $9K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07564 | −0.158% | $237K | $115K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07564 | −0.163% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07560 | −0.206% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07563 | −0.172% | $1.6M | $844K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07555 | −0.277% | $479K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07570 | −0.079% | $198K | $78K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07564 | −0.158% | $507K | $130K | 20x | as long as short |
| KuCoin MEUSDTMshort | +0.0100% | 4h | 0.07562 | −0.185% | $216K | $33K | 30x | |
| Bitget MEUSDT | +0.0100% | 4h | 0.07565 | −0.145% | $649K | $426K | 25x | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07563 | −0.172% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07558 | −0.235% | $11K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07561 | −0.202% | $27K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP