Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BloFin−0.022%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$528as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5315.309% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−1.250%−$125 · spread now −0.022%, 7d avg −0.076%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.054% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04557 | 0.0056 | pay 0.0028% / 4h | 15m 06s | $202K | $95K | 50x |
| Short | KuCoin MEGAUSDTM | 0.04556 | 0.0100 | get 0.0050% / 4h | 15m 06s | $227K | $121K | 50x |
BloFin MEGA-USDT
KuCoin MEGAUSDTMFunding 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
- $9.32
- Price spread: −0.022% → −0.076%
- $5.42
- Slippage, 4 orders
- −$506.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$516.14
- Costs to cover
- 5.309%
- Break-even
- 394.6 days
Slippage from BloFin: live order book, 55 min ago; KuCoin: live order book, 16 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, 55 min ago | 1.10 bp | 23.5 bp −$23 | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 17.56 bp | 256.2 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04553 | −0.088% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0052% | 1h | 0.04553 | −0.088% | $196K | $140K | 2x | as long as short |
| BloFin MEGA-USDTlong | +0.0056% | 4h | 0.04557 | long leg | $202K | $95K | 50x | |
| Lighter MEGA | +0.0096% | 1h | 0.04574 | +0.373% | $611K | $383K | 3x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04553 | −0.088% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04557 | +0.007% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04562 | +0.099% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04555 | −0.049% | $4.0M | $13.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04556 | −0.022% | $3.5M | $5.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04552 | −0.110% | $918K | $3.2M | 20x | as long as short |
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Lighter MEGA
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04555 | −0.044% | $205K | $329K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04555 | −0.044% | $766K | $408K | 50x | as long as short |
| KuCoin MEGAUSDTMshort | +0.0100% | 4h | 0.04556 | −0.022% | $227K | $121K | 50x | |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04556 | −0.022% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04554 | −0.066% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04559 | +0.050% | $322K | $228K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04550 | −0.148% | $22K | $2.0M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04550 | −0.154% | $23K | $226K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04550 | −0.154% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −0.154% | $134K | −$0 | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04554 | −0.067% | $127K | $794K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04551 | −0.135% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04555 | −0.044% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04554 | −0.064% | $3K | — | 45x | as long as short |
| Hyperliquid MEGA | +0.0368% | 1h | 0.04566 | +0.193% | $7.9M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0459% | 1h | 0.04559 | +0.044% | $19K | $55K | 5x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0672% | 1h | 0.04560 | +0.068% | $110 | $15 | 25x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.1376% | 1h | 0.04589 | +0.713% | $5K | $12K | 50x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Coinbase International MEGA-PERP-INTX