Funding you earn now, next payment 08:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.46 per $10,000 · paid last 24h +0.099%
Price spread now: BloFin against KuCoin+0.426%80s7-day average +0.211% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as 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−$3703.696% of the position
Funding, last 7 days+0.359%+$36 on $10k
+Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.426%, 7d avg +0.211%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.214% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.211%. The two prices were read 80 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 1000RATSUSDTM | 0.00004227 | 0.0854 | pay 0.0427% / 4h | 55m 57s | $652K | $103K | 30x |
| Short | BloFin 1000RATS-USDT | 0.00004245 | 0.1147 | get 0.0573% / 4h | 55m 57s | $1.1M | $10K | 40x |
KuCoin 1000RATSUSDTM
BloFin 1000RATS-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
- $61.49
- Price spread: +0.426% → +0.211%
- $21.44
- Slippage, 4 orders
- −$345.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$286.65
- Costs to cover
- 3.696%
- Break-even
- 39.6 days
Slippage from KuCoin: live order book, 58 min ago; BloFin: live order book, 1 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, 58 min ago | 10.61 bp | 60.0 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 4.72 bp | 26.8 bp −$27 | 112.4 bp −$1,124 | doesn't fit | doesn't fit |
RATS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004224 | −0.071% | $2.5M | $497K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0522% | 4h | 0.00004236 | +0.213% | $1.6M | $408K | 25x | as long as short |
| KuCoin 1000RATSUSDTMlong | +0.0854% | 4h | 0.00004227 | long leg | $652K | $103K | 30x | |
| Binance 1000RATSUSDT | +0.1146% | 4h | 0.00004237 | +0.233% | $11.1M | $2.2M | 40x | as long as short |
| BloFin 1000RATS-USDTshort | +0.1147% | 4h | 0.00004245 | +0.426% | $1.1M | $10K | 40x | |
| MEXC 1000RATS_USDT | +0.1160% | 4h | 0.00004237 | +0.237% | $778K | $156K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.1180% | 4h | 0.00004244 | +0.397% | $34K | $296K | 10x | as long as short |
| Aster 1000RATSUSDT | +0.1408% | 4h | 0.00004227 | +0.006% | $26K | $20K | 5x | as long as short |
| BingX RATS-USDT | +0.2290% | 4h | 0.00004233 | +0.142% | — | $1.3M | — | as long as short |
| Bybit 1000RATSUSDT | +0.2382% | 4h | 0.00004233 | +0.142% | $4.2M | $1.1M | 20x | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
Binance 1000RATSUSDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
Aster 1000RATSUSDT
BingX RATS-USDT
Bybit 1000RATSUSDT