BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.033%

Price spread now: KuCoin against BloFin+0.020%65s7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as 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−$390.391% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.179%+$18 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.020%, 7d avg +0.028%

Together, before fees+0.270%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. 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	BloFin BZ-USDT	97.620	0.0028	pay 0.0014% / 4h	2h 08m	$1.5M	$95K	50x
Short	KuCoin BZUSDTM	97.640	0.0100	get 0.0050% / 4h	2h 08m	$3.8M	$832K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.020%Rate

Funding earned: $15.06
Price spread: +0.020% → +0.028%: −$0.71
Slippage, 4 orders: −$15.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$24.78
Costs to cover: 0.391%
Break-even: 18.5 days

Slippage from BloFin: live order book, 4 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, 4 min ago	1.02 bp	7.2 bp −$7	9.0 bp −$90	17.8 bp −$1,784	doesn't fit
Sell KuCoin live order book, 4 min ago	0.51 bp	15.4 bp −$15	41.3 bp −$413	doesn't fit	doesn't fit

BZ on 31 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
Injective BRENT/USDC PERP	−0.0220%	1h	96.939	−0.698%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.092%	$235K	$426K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.628	+0.008%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.621	+0.001%	$147.6M	$358.6M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.610	−0.010%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.620	0.000%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.568	−0.053%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.570	−0.051%	$9.3M	$11.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.630	+0.010%	$27.7M	$17.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.668	+0.049%	$9.4M	$7.0M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.687	+0.069%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.650	+0.031%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.620	0.000%	$100K	$249K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.630	+0.010%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.610	−0.010%	$1.2M	$80K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.630	+0.011%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.169	+0.562%	—	—	—	as long as short
Vest BZ-PERP	+0.0015%	1h	101.65	+4.128%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0018%	4h	97.666	+0.047%	$225K	$227K	20x	as long as short
BloFin BZ-USDTlong	+0.0028%	4h	97.620	long leg	$1.5M	$95K	50x
Lighter BRENTOIL	+0.0032%	1h	97.630	+0.010%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.633	+0.013%	$681K	$3.6M	10x	as long as short
Hotstuff BRENTOIL-PERP	+0.0040%	1h	97.630	+0.010%	$34K	—	20x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.592	−0.029%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.636	+0.016%	$154.4M	$122.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.641	+0.022%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.520	−0.102%	$3.1M	$998K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0072%	1h	97.632	+0.012%	$7K	$42K	5x	as long as short
KuCoin BZUSDTMshort	+0.0100%	4h	97.640	+0.020%	$3.8M	$832K	50x
ApeX Omni BZUSDT	+0.0100%	1h	97.690	+0.072%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.625	+0.005%	$116K	—	111x	as long as short