Funding you earn now, next payment 00:00 UTC−0.0234%/8h= −25.6% APRnext payment −$1.17 per $10,000 · paid last 24h −0.133%
Price spread now: KuCoin against BloFin−0.433%95s7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,299as 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−$1,26312.629% of the position
Funding, last 7 days−0.364%−$36 on $10k
+Price spread, last 3 days (all we have)+0.246%+$25 · spread now −0.433%, 7d avg −0.155%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.278% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.155%). Swap the legs. The two prices were read 95 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 | BloFin US-USDT | 0.01639 | 0.0146 | pay 0.0073% / 4h | 1h 45m | $477K | $49K | 10x |
| Short | KuCoin USUSDTM | 0.01632 | −0.0088 | pay 0.0044% / 4h | 1h 45m | $4.2M | $276K | 20x |
BloFin US-USDT
KuCoin USUSDTMFunding 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
- −$49.16
- Price spread: −0.433% → −0.155%
- −$27.79
- Slippage, 4 orders
- −$1,238.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,339.81
- Costs to cover
- 12.629%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; KuCoin: live order book, 2 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, 35 min ago | 3.34 bp | 37.8 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 17.74 bp | 588.9 bp −$589 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTMshort | −0.0088% | 4h | 0.01632 | −0.433% | $4.2M | $276K | 20x | |
| Aster USUSDT | +0.0100% | 4h | 0.01634 | −0.278% | $12K | $55K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01637 | −0.122% | $3.2M | $852K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01635 | −0.256% | $2.1M | $546K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01641 | +0.144% | $16K | $3K | — | as long as short |
| Extended US-USD | +0.0120% | 1h | 0.01635 | −0.268% | $4K | $141K | 5x | as long as short |
| MEXC US_USDT | +0.0122% | 4h | 0.01636 | −0.201% | $5.5M | $114K | 100x | as long as short |
| Binance USUSDT | +0.0123% | 4h | 0.01635 | −0.214% | $9.1M | $3.1M | 10x | as long as short |
| BloFin US-USDTlong | +0.0146% | 4h | 0.01639 | long leg | $477K | $49K | 10x | |
| BingX US-USDT | +0.0440% | 4h | 0.01636 | −0.189% | — | $1.3M | — | as long as short |
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
Extended US-USD
MEXC US_USDT
Binance USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0480% | 4h | 0.01634 | −0.299% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT