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

NIL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.005%
Price spread now: Extended against BloFin+0.038%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Extended is 0.038% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NIL-USDT0.067290.0091pay 0.0045% / 4h1h 12m$347K$148K50x
ShortExtended NIL-USD0.067320.0104get 0.0013% / 1h12m 43s$16K$94K5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.75
Price spread: +0.038% → 0.000%
$3.76
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.49
Costs to cover
0.170%
Break-even
33.7 days
Slippage unknown: BloFin: live order book, 2 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago2.23 bp23.2 bp −$2390.5 bp −$905doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NIL on 12 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
BloFin NIL-USDTlong+0.0091%4h0.06729long leg$347K$148K50x
Aster NILUSDT+0.0100%4h0.06731+0.033%$20K$368K5xas long as short
Binance NILUSDT+0.0100%4h0.06735+0.094%$5.2M$81.3M50xas long as short
Bybit NILUSDT+0.0100%4h0.06741+0.178%$3.5M$14.2M20xas long as short
Gate NIL_USDT+0.0100%4h0.06730+0.015%$429K$2.1M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06728−0.015%$2.4M$5.3M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06731+0.030%$490K$713K30xas long as short
Bitget NILUSDT+0.0100%4h0.06736+0.104%$1.7M$9.0M50xas long as short
BingX NIL-USDT+0.0100%4h0.06736+0.104%$8.6Mas long as short
Variational Omni NIL+0.0100%4h0.06749+0.292%$50K$141Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NIL-USDshort+0.0104%1h0.06732+0.038%$16K$94K5x
Hyperliquid NIL+0.1255%1h0.06749+0.291%$4.0M$4.6M3xas long as short