Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.051%
Price spread now: BloFin against KuCoin+0.077%65s7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$924as 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−$9109.096% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.077%, 7d avg +0.160%
=Funding pays, the price is against you. BloFin is 0.083% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.077% now, against its 7-day average of +0.160%). If the spread goes back, that is −$8 on $10k: about 25 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour. The two prices were read 65 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 SPACEUSDTM | 0.005184 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $658K | $99K | 20x |
| Short | BloFin SPACE-USDT | 0.005188 | 0.0111 | get 0.0056% / 4h | 3h 46m | $161K | $10K | 50x |
KuCoin SPACEUSDTM
BloFin SPACE-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
- $2.36
- Price spread: +0.077% → +0.160%
- −$8.29
- Slippage, 4 orders
- −$885.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$915.57
- Costs to cover
- 9.096%
- Break-even
- 2718.4 days
Slippage from KuCoin: live order book, 28 min ago; BloFin: live order book, 43 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, 28 min ago | 16.41 bp | 613.6 bp −$614 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 5.82 bp | 36.9 bp −$37 | 132.4 bp −$1,324 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005192 | +0.154% | $1.9M | $2.2M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005177 | −0.135% | $802K | $194K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005184 | 0.000% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005176 | −0.154% | $778K | $342K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005191 | +0.135% | $433K | $152K | 20x | as long as short |
| KuCoin SPACEUSDTMlong | +0.0100% | 4h | 0.005184 | long leg | $658K | $99K | 20x | |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005193 | +0.174% | $911K | $245K | 20x | as long as short |
| BloFin SPACE-USDTshort | +0.0111% | 4h | 0.005188 | +0.077% | $161K | $10K | 50x | |
| Aster SPACEUSDT | +0.0818% | 4h | 0.005181 | −0.049% | $17K | $32K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
Bitget SPACEUSDT
Aster SPACEUSDT