Funding you earn now, next payment 05:00 UTC+0.0042%/8h= +4.5% APRpaid last 24h −0.003%
Price spread now: Extended against BloFin−0.029%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1761.757% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.029%, 7d avg −0.083%
=Together, before fees+0.155%+ Points / potential airdropExtended: Active · farm board+$15 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 Extended is 0.054% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin OPEN-USDT | 0.1444 | 0.0062 | pay 0.0031% / 4h | 3h 12m | $674K | $12K | 75x |
| Short | Extended OPEN-USD | 0.1444 | 0.0104 | get 0.0013% / 1h | 12m 45s | $2K | $168K | 5x |
BloFin OPEN-USDT
Extended OPEN-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
- $8.72
- Price spread: −0.029% → −0.083%
- $5.41
- Slippage, 4 orders
- −$158.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$161.54
- Costs to cover
- 1.757%
- Break-even
- 136.6 days
Slippage from BloFin: live order book, 19 min ago; Extended: live order book, 38 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, 19 min ago | 3.47 bp | 19.0 bp −$19 | 110.7 bp −$1,107 | doesn't fit | doesn't fit |
| Sell Extended live order book, 38 min ago | 6.59 bp | 44.9 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
OPEN on 9 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 OPEN-USDTlong | +0.0062% | 4h | 0.1444 | long leg | $674K | $12K | 75x | |
| Aster OPENUSDT | +0.0100% | 4h | 0.1444 | +0.027% | $253K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1444 | 0.000% | $7.2M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1444 | 0.000% | $826K | $200K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1445 | +0.069% | $2.4M | $56K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1445 | +0.069% | $2.2M | $167K | 20x | as long as short |
| Extended OPEN-USDshort | +0.0104% | 1h | 0.1444 | −0.029% | $2K | $168K | 5x | |
| Kraken Futures PF_OPENUSD | +0.0724% | 1h | 0.1443 | −0.047% | $14K | $55K | 10x | as long as short |
| Bybit OPENUSDT | +0.0751% | 4h | 0.1446 | +0.166% | $1.5M | $730K | 25x | as long as short |
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Kraken Futures PF_OPENUSD
Bybit OPENUSDT