Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07722 | +0.0061 | pay 0.0061% / 8h | 5h 32m | $9.9M | $6.1M | 75x | Long BloFin | |
| SHORT | 0.07725 | +0.0076 | get 0.0009% / 1h | 32m 36s | $3K | $145K | 20x | Short Bullet |
Price gap+0.040%59s
Funding gap+0.0014% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.041% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$24+0.0014% /8h now · paid −0.240% over the last 7D
Price—spread +0.040%59s now · prices read too far apart to compare
Costs−$170.170% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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+0.040%
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
/8hDOGE on 45 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Large against open interest7.3 / 2.0 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$133 + $500BloFin 75x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.43Long BloFin: 3 payments, −$1.84; short Bullet: 24 payments, +$2.27.
- Watch: Prices read 59 s apart+0.040% vs −0.001%Part of this gap may be the market moving.
- Watch: Short leg is thinner$3K vs $9.9M OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Bullet NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0114%/8h × 21 periods−$23.96
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$5.05
Fee BloFin bp × 2 orders−$12.00
Fee Bullet bp × 2 orders$0.00
Net · 7 days · $10k−$41.00
price spread not counted: prices read too far apartCosts to cover0.170%Break-evennever at this rate
Slippage: BloFin: live order book, 6 min ago; Bullet: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin1.297.3 bp−$78.4 bp−$8414.0 bp−$1,40424.4 bp−$12.2K
SELL · SHORTBullet0.452.0 bp−$26.7 bp−$67doesn’t fitdoesn’t fit
Closing costs about the same again.
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