Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2492 | +0.0304 | pay 0.0038% / 1h | 16m 41s | $201K | $389K | 10x | Long Arcus5% off | |
| SHORT | 0.2483 | +0.0380 | get 0.0190% / 4h | 3h 16m | $983K | $2.4M | 12x | Short BloFin |
Price gap−0.369%57s
Funding gap+0.0077% /8h
Funding pays +$2 a day on $10k, but the gap is 0.270% under its 7d average: −$27 if it goes back, about 12 days of funding.
Funding on this pair cost 0.400% over the last 7 days: the rate has only just turned. The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40+0.0077% /8h now · paid −0.400% over the last 6 days (all we have)
Price—spread −0.369%57s now · prices read too far apart to compare
Costs−$650.650% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Entry / ExitArcus: thin, under $1M open interest · BloFin: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.369%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size14.1 / 20.6 bpAt $10k entering BloFin costs 20.6 bp, fee and slippage, 1.5× Arcus’s.
- Note: Margin at max leverage$1,000 + $833Arcus 10x, BloFin 12x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.30Long Arcus: 24 payments, −$9.12; short BloFin: 6 payments, +$11.41.
- Watch: Prices read 57 s apart−0.369% vs −0.100%Part of this gap may be the market moving.
- Watch: Long leg is thinner$201K vs $983K OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCArcus No · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0223%/8h × 21 periods−$46.79
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$48.54
Fee Arcus bp × 2 orders−$4.50
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$111.83
price spread not counted: prices read too far apartCosts to cover0.650%Break-evennever at this rate
Slippage: Arcus: live order book, 3 min ago; BloFin: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus6.0414.1 bp−$1439.5 bp−$395doesn’t fitdoesn’t fit
SELL · SHORTBloFin3.0220.6 bp−$2147.1 bp−$471doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado