NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against KuCoin+0.118%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$190as in the Price arb table

costs, in and out, $10k−$1961.963% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.118%, 7d avg +0.058%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.060% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOTUSDTM	0.0005069	0.0100	pay 0.0050% / 4h	41m 17s	$463K	$137K	50x
Short	BloFin NOT-USDT	0.0005075	0.0110	get 0.0055% / 4h	41m 17s	$111K	$17K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.118%Rate

Funding earned: $2.2
Price spread: +0.118% → +0.058%: $6
Slippage, 4 orders: −$172.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$188.06
Costs to cover: 1.963%
Break-even: 604.5 days

Slippage from KuCoin: live order book, 21 min ago; BloFin: live order book, 19 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, 21 min ago	7.93 bp	80.3 bp −$80	561.8 bp −$5,618	doesn't fit	doesn't fit
Sell BloFin live order book, 19 min ago	3.94 bp	21.0 bp −$21	58.5 bp −$585	doesn't fit	doesn't fit

NOT on 16 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
Variational Omni NOT	−0.0054%	4h	0.0005087	+0.362%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.847%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005083	+0.284%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	+0.020%	$371K	$50K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005074	+0.101%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005074	+0.099%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005069	0.000%	$2.1M	$824K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005075	+0.118%	$621K	$600K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005080	+0.217%	$141K	$78K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005073	+0.079%	$1.4M	$459K	200x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOTUSDTMlong	+0.0100%	4h	0.0005069	long leg	$463K	$137K	50x
Bitget NOTUSDT	+0.0100%	4h	0.0005077	+0.158%	$667K	$382K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005071	+0.039%	—	$7.5M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005074	+0.094%	$4K	$1K	5x	as long as short
BloFin NOT-USDTshort	+0.0110%	4h	0.0005075	+0.118%	$111K	$17K	50x
Kraken Futures PF_NOTUSD	+0.4199%	1h	0.0005080	+0.224%	$50K	$10K	10x	as long as short