Funding you earn now, next payment 06:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.021%
Price spread now: Extended against BloFin−0.190%94s7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2632.626% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.190%, 7d avg −0.086%
=Together, before fees+0.113%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.104% cheaper against BloFin than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of −0.086%). If the spread goes back, that is −$10 on $10k: about 8.5 days of funding at the current rate (+$1 a day). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SWARMS-USDT | 0.008274 | 0.0831 | pay 0.0416% / 4h | 2h 15m | $230K | $8K | 20x |
| Short | Extended SWARMS-USD | 0.008258 | 0.0872 | get 0.0109% / 1h | 15m 24s | $10K | $216K | 5x |
BloFin SWARMS-USDT
Extended SWARMS-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
- $8.55
- Price spread: −0.190% → −0.086%
- −$10.42
- Slippage, 4 orders
- −$245.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$264.52
- Costs to cover
- 2.626%
- Break-even
- 223.7 days
Slippage from BloFin: live order book, 66 min ago; Extended: live order book, 31 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, 66 min ago | 2.41 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 7.21 bp | 70.6 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
SWARMS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008236 | −0.459% | $946K | $108K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0830% | 4h | 0.008263 | −0.133% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDTlong | +0.0831% | 4h | 0.008274 | long leg | $230K | $8K | 20x | |
| Binance SWARMSUSDT | +0.0863% | 4h | 0.008265 | −0.110% | $3.6M | $3.4M | 20x | as long as short |
| Extended SWARMS-USDshort | +0.0872% | 1h | 0.008258 | −0.190% | $10K | $216K | 5x | |
| MEXC SWARMS_USDT | +0.0874% | 4h | 0.008263 | −0.133% | $154K | $99K | 100x | as long as short |
| KuCoin SWARMSUSDTM | +0.1222% | 4h | 0.008258 | −0.193% | $774K | $119K | 20x | as long as short |
| Aster SWARMSUSDT | +0.1356% | 4h | 0.008240 | −0.416% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3124% | 1h | 0.008306 | +0.385% | $9K | $149 | 10x | as long as short |
Gate SWARMS_USDT
BingX SWARMS-USDT
Binance SWARMSUSDT
MEXC SWARMS_USDT
KuCoin SWARMSUSDTM
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD