Funding you earn now, next payment 08:00 UTC+0.0330%/8h= +36.1% APRnext payment +$3.30 per $10,000 · paid last 24h −0.031%
Price spread now: BloFin against KuCoin+0.222%80s7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as 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−$1831.833% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.222%, 7d avg +0.095%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.127% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.095%. Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COHRUSDTM | 323.80 | −0.0325 | get 0.0325% / 8h | 4h 33m | $359K | $336K | 20x |
| Short | BloFin COHR-USDT | 324.52 | 0.0005 | get 0.0005% / 8h | 4h 33m | $46K | $113K | 20x |
KuCoin COHRUSDTM
BloFin COHR-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
- $69.25
- Price spread: +0.222% → +0.095%
- $12.69
- Slippage, 4 orders
- −$159.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.31
- Costs to cover
- 1.833%
- Break-even
- 17.2 days
Slippage from KuCoin: live order book, 48 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, 48 min ago | 21.64 bp | 125.8 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 2.93 bp | 15.9 bp −$16 | 31.7 bp −$317 | doesn't fit | doesn't fit |
COHR on 15 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 COHRUSDTMlong | −0.0325% | 8h | 323.80 | long leg | $359K | $336K | 20x | |
| Aster COHRUSDT | 0.0000% | 8h | 324.39 | +0.182% | $40K | $36K | 20x | as long as short |
| Extended COHR-USD | 0.0000% | 1h | 324.35 | +0.169% | $33K | $187K | 10x | as long as short |
| Binance COHRUSDT | 0.0000% | 8h | 324.45 | +0.202% | $7.4M | $9.2M | 25x | as long as short |
| Bybit COHRUSDT | 0.0000% | 8h | 324.24 | +0.136% | $1.2M | $338K | 25x | as long as short |
| OKX COHR-USDT-SWAP | 0.0000% | 8h | 324.40 | +0.185% | $1.0M | $2.1M | 25x | as long as short |
| Gate COHR_USDT | 0.0000% | 8h | 324.35 | +0.170% | $620K | $1.1M | 25x | as long as short |
| Bitget COHRUSDT | 0.0000% | 8h | 324.39 | +0.182% | $1.8M | $1.3M | 20x | as long as short |
| GRVT COHR_USDT_Perp | 0.0000% | 8h | 324.67 | +0.269% | $2K | $175K | 10x | as long as short |
| SunX COHR-USDT | 0.0000% | 8h | 324.40 | +0.185% | — | $2.4M | 10x | as long as short |
Aster COHRUSDT
Extended COHR-USD
Binance COHRUSDT
Bybit COHRUSDT
OKX COHR-USDT-SWAP
Gate COHR_USDT
Bitget COHRUSDT
GRVT COHR_USDT_Perp
SunX COHR-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COHR-USDT | 0.0000% | 8h | 321.79 | −0.621% | $5K | $41K | 10x | as long as short |
| BloFin COHR-USDTshort | +0.0005% | 8h | 324.52 | +0.222% | $46K | $113K | 20x | |
| Paragon para:COHR | +0.0034% | 1h | 324.10 | +0.093% | $478K | $164K | 10x | as long as short |
| QFEX COHR-USD | +0.0040% | 1h | 324.28 | +0.148% | $1.2M | $3.5M | 10x | as long as short |
| Aevo COHR-PERP | +0.0104% | 1h | 324.28 | +0.148% | — | — | 10x | as long as short |
HTX COHR-USDT
Paragon para:COHR
QFEX COHR-USD
Aevo COHR-PERP