Funding you earn now, next payment 12:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against BloFin−0.277%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2732.732% of the position
Funding, last 7 days+0.379%+$38 on $10k
+Price spread, last 4 days (all we have)+0.292%+$29 · spread now −0.277%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.226% cheaper against BloFin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.051%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.379%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PTB-USDT | 0.0009747 | 0.0188 | pay 0.0094% / 4h | 1h 46m | $400K | $281K | 20x |
| Short | KuCoin PTBUSDTM | 0.0009720 | 0.0100 | get 0.0050% / 4h | 1h 46m | $1.5M | $5.4M | 20x |
BloFin PTB-USDT
KuCoin PTBUSDTMFunding 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
- −$18.48
- Price spread: −0.277% → −0.051%
- −$22.57
- Slippage, 4 orders
- −$249.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$314.2
- Costs to cover
- 2.732%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; KuCoin: live order book, 4 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, 61 min ago | 1.02 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 10.28 bp | 98.4 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
PTB on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.0009748 | +0.010% | $1.4M | $12.2M | 25x | as long as short |
| Gate PTB_USDT | +0.0100% | 4h | 0.0009730 | −0.174% | $1.6M | $3.2M | 25x | as long as short |
| KuCoin PTBUSDTMshort | +0.0100% | 4h | 0.0009720 | −0.277% | $1.5M | $5.4M | 20x | |
| Variational Omni PTB | +0.0100% | 4h | 0.0009733 | −0.149% | $23K | $61K | — | as long as short |
| MEXC PTB_USDT | +0.0188% | 4h | 0.0009763 | +0.164% | $304K | $427K | 20x | as long as short |
| BingX PTB-USDT | +0.0188% | 4h | 0.0009748 | +0.010% | — | $1.8M | — | as long as short |
| BloFin PTB-USDTlong | +0.0188% | 4h | 0.0009747 | long leg | $400K | $281K | 20x | |
| Binance PTBUSDT | +0.0189% | 4h | 0.0009750 | +0.031% | $6.8M | $74.5M | 20x | as long as short |
| Extended kPTB-USD | +0.0192% | 1h | 0.0009749 | +0.018% | $3K | $16K | 5x | as long as short |
| Aster PTBUSDT | +0.0277% | 4h | 0.0009736 | −0.112% | $57K | $618K | 5x | as long as short |
Bybit PTBUSDT
Gate PTB_USDT
Variational Omni PTB
MEXC PTB_USDT
BingX PTB-USDT
Binance PTBUSDT
Extended kPTB-USD
Aster PTBUSDT