Settings8H · net · $10k
Funding arb · Price arb /

B

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.002%
Price spread now: BloFin against Extended+0.214%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2592.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)−2.678%−$268 · spread now +0.214%, 7d avg −0.031%
Together, before fees−2.691%+ Points / potential airdropExtended: Active · farm board−$269 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.245% dearer against Extended than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20190.0888pay 0.0111% / 1h52m 59s$15K$117K5x
ShortBloFin B-USDT0.20230.0919get 0.0460% / 4h1h 52m$593K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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

Funding earned
$6.51
Price spread: +0.214% → −0.031%
$24.5
Slippage, 4 orders
−$241.73
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$227.71
Costs to cover
2.587%
Break-even
251.7 days
Slippage from Extended: live order book, 27 min ago; BloFin: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 27 min ago10.13 bp69.5 bp −$69784.3 bp −$7,843doesn't fitdoesn't fit
Sell BloFin live order book, 28 min ago2.47 bp14.1 bp −$1485.4 bp −$854doesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate B_USDT+0.0100%4h0.2016−0.132%$3.4M$584K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2015−0.187%$1.9M$71K10xas long as short
edgeX BUSDC+0.0862%4h0.2022+0.179%$3K$390K5xas long as short
MEXC B_USDT+0.0884%4h0.2018−0.033%$967K$346K100xas long as short
Binance BUSDT+0.0888%4h0.2019+0.016%$11.7M$2.0M20xas long as short
Extended B-USDlong+0.0888%1h0.2019long leg$15K$117K5x
BloFin B-USDTshort+0.0919%4h0.2023+0.214%$593K$39K20x
Bybit BUSDT+0.1001%4h0.2017−0.098%$1.7M$949K13xas long as short
BingX B-USDT+0.1022%4h0.2019+0.016%$1.2Mas long as short
Bitget BUSDT+0.1122%4h0.2021+0.115%$2.7M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1356%4h0.2020+0.054%$1.9M$205K5xas long as short