Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 745.03 | +0.1136 | pay 0.0142% / 1h | 49m 08s | $7K | $129K | 10x | Long Aftermath Perps5% off | |
| SHORT | 745.02 | +0.0100 | get 0.0013% / 1h | 49m 08s | $2.2M | $289K | 40x | Short Backpack |
Price gap−0.001%
Funding gap−0.1036% /8h
Funding costs $31 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$119−0.1036% /8h now · paid −1.185% over the last 7D
Price$0spread −0.001% now, avg −0.005% → +0.004% if it goes back
Costs−$370.366% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.001%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBNB on 47 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Large against open interest13.9 / 5.1 bp$10k is over 10% of Aftermath Perps’s open interest.
- Note: Margin at max leverage$1,000 + $250Aftermath Perps 10x, Backpack 40x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$31.09Long Aftermath Perps: 24 payments, −$34.09; short Backpack: 24 payments, +$3.00.
- Note: Gap at its usual level−0.001% vs −0.005%The price leg adds little either way.
- Watch: Long leg is thinner$7K vs $2.2M OIAftermath Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAftermath Perps No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0564%/8h × 21 periods−$118.53
Price spread−0.001% → −0.005% (7d avg)+$0.45
Slippage, 4 orderslive order books−$17.60
Fee Aftermath Perps bp × 2 orders−$9.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k−$154.68
Costs to cover0.366%Break-evennever at this rate
Slippage: Aftermath Perps: live order book, 10 min ago; Backpack: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps0.5213.9 bp−$14doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBackpack0.075.1 bp−$55.8 bp−$58doesn’t fitdoesn’t fit
Closing costs about the same again.
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