Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.3% APRpaid last 24h +0.003%
Price spread now: BloFin against Extended+0.136%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1641.635% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.136%, 7d avg +0.082%
=Together, before fees−0.084%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.054% dearer against Extended than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.082%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.015% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPEN-USD | 0.1442 | 0.0104 | pay 0.0013% / 1h | 52m 37s | $6K | $182K | 5x |
| Short | BloFin OPEN-USDT | 0.1444 | 0.0046 | get 0.0023% / 4h | 52m 37s | $677K | $12K | 75x |
Extended OPEN-USD
BloFin OPEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- −$12.12
- Price spread: +0.136% → +0.082%
- $5.35
- Slippage, 4 orders
- −$146.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$170.29
- Costs to cover
- 1.635%
- Break-even
- never at this rate
Slippage from Extended: live order book, 48 min ago; BloFin: live order book, 29 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 Extended live order book, 48 min ago | 5.19 bp | 65.5 bp −$66 | 468.9 bp −$4,689 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 3.45 bp | 35.3 bp −$35 | 92.6 bp −$926 | 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-USDTshort | +0.0046% | 4h | 0.1444 | +0.136% | $677K | $12K | 75x | |
| Aster OPENUSDT | +0.0100% | 4h | 0.1443 | +0.056% | $252K | $2K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1442 | −0.003% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1442 | −0.003% | $824K | $183K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1446 | +0.240% | $2.4M | $54K | 30x | as long as short |
| Extended OPEN-USDlong | +0.0104% | 1h | 0.1442 | long leg | $6K | $182K | 5x | |
| Bitget OPENUSDT | +0.0212% | 4h | 0.1445 | +0.205% | $2.2M | $153K | 20x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0712% | 1h | 0.1443 | +0.047% | $14K | $55K | 10x | as long as short |
| Bybit OPENUSDT | +0.0743% | 4h | 0.1444 | +0.129% | $1.5M | $740K | 25x | as long as short |
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Kraken Futures PF_OPENUSD
Bybit OPENUSDT