Funding you earn now, next payment 08:00 UTC+0.0340%/8h= +37.2% APRnext payment +$1.70 per $10,000 · paid last 24h +0.111%
Price spread now: BloFin against KuCoin+0.610%80s7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,019as 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−$1,05710.572% of the position
Funding, last 7 days+0.382%+$38 on $10k
+Price spread, last 4 days (all we have)−0.434%−$43 · spread now +0.610%, 7d avg +0.170%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.440% dearer against KuCoin than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.170%. 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 USUSDTM | 0.01622 | −0.0058 | get 0.0029% / 4h | 1h 23m | $4.0M | $408K | 20x |
| Short | BloFin US-USDT | 0.01632 | 0.0282 | get 0.0141% / 4h | 1h 23m | $482K | $49K | 10x |
KuCoin USUSDTM
BloFin US-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
- $71.32
- Price spread: +0.610% → +0.170%
- $44.01
- Slippage, 4 orders
- −$1,033.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$941.9
- Costs to cover
- 10.572%
- Break-even
- 99.4 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 62 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, 4 min ago | 10.18 bp | 506.5 bp −$507 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 2.44 bp | 42.4 bp −$42 | 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 USUSDTMlong | −0.0058% | 4h | 0.01622 | long leg | $4.0M | $408K | 20x | |
| Bybit USUSDT | +0.0100% | 4h | 0.01631 | +0.567% | $3.2M | $936K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01627 | +0.308% | $2.0M | $606K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01632 | +0.610% | $4.3M | $266K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01632 | +0.611% | $16K | $4K | — | as long as short |
| Aster USUSDT | +0.0210% | 4h | 0.01630 | +0.454% | $12K | $54K | 5x | as long as short |
| BloFin US-USDTshort | +0.0282% | 4h | 0.01632 | +0.610% | $482K | $49K | 10x | |
| MEXC US_USDT | +0.0336% | 4h | 0.01631 | +0.512% | $5.5M | $114K | 100x | as long as short |
| BingX US-USDT | +0.0338% | 4h | 0.01631 | +0.536% | — | $1.3M | — | as long as short |
| Extended US-USD | +0.0344% | 1h | 0.01630 | +0.484% | $6K | $171K | 5x | as long as short |
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Aster USUSDT
MEXC US_USDT
BingX US-USDT
Extended US-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDT | +0.0346% | 4h | 0.01631 | +0.516% | $9.1M | $3.3M | 10x | as long as short |
Binance USUSDT