Funding you earn now, next payment 01:00 UTC+0.0268%/8h= +29.3% APRpaid last 24h +0.028%
Price spread now: Extended against BloFin−0.312%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2062.064% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)+0.491%+$49 · spread now −0.312%, 7d avg +0.052%
=Together, before fees+0.585%+ Points / potential airdropExtended: Active · farm board+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.364% cheaper against BloFin than usual: you would sell low and buy high (spread −0.312% now, against its 7-day average of +0.052%). If the spread goes back, that is −$36 on $10k: about 4.5 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.094% in total) that is about 27 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment. 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 | BloFin BILL-USDT | 0.01387 | 0.0044 | pay 0.0022% / 4h | 3h 38m | $145K | $19K | 20x |
| Short | Extended BILL-USD | 0.01383 | 0.0312 | get 0.0039% / 1h | 38m 47s | $3K | $274K | 5x |
BloFin BILL-USDT
Extended BILL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $56.18
- Price spread: −0.312% → +0.052%
- −$36.43
- Slippage, 4 orders
- −$189.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$186.63
- Costs to cover
- 2.064%
- Break-even
- 30.3 days
Slippage from BloFin: live order book, 17 min ago; Extended: live order book, 33 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, 17 min ago | 10.79 bp | 42.3 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 33 min ago | 4.71 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
BILL on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BILL-USDTlong | +0.0044% | 4h | 0.01387 | long leg | $145K | $19K | 20x | |
| Aster BILLUSDT | +0.0100% | 4h | 0.01383 | −0.260% | $2K | $4K | 5x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01381 | −0.433% | $1.3M | $939K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0100% | 4h | 0.01383 | −0.288% | $1.0M | $2.5M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01385 | −0.144% | $280K | $82K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01384 | −0.216% | $632K | $850K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01385 | −0.144% | $2K | $1.1M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0103% | 1h | 0.01383 | −0.288% | $21K | $926 | 5x | as long as short |
| Binance BILLUSDT | +0.0303% | 4h | 0.01383 | −0.288% | $2.5M | $3.6M | 20x | as long as short |
| Extended BILL-USDshort | +0.0312% | 1h | 0.01383 | −0.312% | $3K | $274K | 5x |
Aster BILLUSDT
Bybit BILLUSDT
OKX BILL-USDT-SWAP
Gate BILL_USDT
Bitget BILLUSDT
SunX BILL-USDT
Backpack BILL_USDC_PERP
Binance BILLUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BILL_USDT | +0.0312% | 4h | 0.01383 | −0.288% | $987K | $322K | 50x | as long as short |
| BingX BILL-USDT | +0.0318% | 4h | 0.01384 | −0.216% | — | $1.7M | — | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0632% | 1h | 0.01386 | −0.079% | $47K | $100K | 50x | as long as short |
| HTX BILL-USDT | +0.0827% | 4h | 0.01390 | +0.216% | $17K | $8K | 20x | as long as short |
| KuCoin BILLUSDTM | +0.0946% | 4h | 0.01385 | −0.151% | $445K | $281K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.1775% | 1h | 0.01385 | −0.108% | $108K | $14K | 10x | as long as short |
MEXC BILL_USDT
BingX BILL-USDT
Coinbase International BILL-PERP-INTX
HTX BILL-USDT
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL