Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.004%
Price spread now: Extended against BloFin−0.014%74s7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as 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−$2912.912% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.014%, 7d avg −0.071%
=Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 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 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.071%. The two prices were read 74 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 US-USDT | 0.01636 | 0.0229 | pay 0.0115% / 4h | 1h 11m | $476K | $49K | 10x |
| Short | Extended US-USD | 0.01635 | 0.0272 | get 0.0034% / 1h | 11m 56s | $4K | $141K | 5x |
BloFin US-USDT
Extended US-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
- $8.96
- Price spread: −0.014% → −0.071%
- $5.72
- Slippage, 4 orders
- −$274.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$276.52
- Costs to cover
- 2.912%
- Break-even
- 223.1 days
Slippage from BloFin: live order book, 4 min ago; Extended: live order book, 3 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, 4 min ago | 3.67 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 4.90 bp | 143.9 bp −$144 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0252% | 4h | 0.01633 | −0.165% | $4.2M | $278K | 20x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01635 | −0.018% | $3.2M | $858K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01633 | −0.190% | $2.0M | $556K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01635 | −0.025% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0166% | 4h | 0.01635 | −0.053% | $12K | $55K | 5x | as long as short |
| BloFin US-USDTlong | +0.0229% | 4h | 0.01636 | long leg | $476K | $49K | 10x | |
| MEXC US_USDT | +0.0250% | 4h | 0.01636 | +0.031% | $5.5M | $116K | 100x | as long as short |
| Extended US-USDshort | +0.0272% | 1h | 0.01635 | −0.014% | $4K | $141K | 5x | |
| Binance USUSDT | +0.0275% | 4h | 0.01636 | +0.043% | $9.2M | $3.1M | 10x | as long as short |
| BingX US-USDT | +0.0421% | 4h | 0.01637 | +0.049% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Variational Omni US
Aster USUSDT
MEXC US_USDT
Binance USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0454% | 4h | 0.01636 | +0.006% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT