Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2483 | +0.0512 | pay 0.0256% / 4h | 0m 21s | $961K | $2.4M | 12x | Long BloFin | |
| SHORT | 0.2480 | +0.0762 | get 0.0095% / 1h | 0m 21s | $200K | $388K | 10x | Short Arcus5% off |
Price gap−0.101%
Funding gap+0.0250% /8h
Funding pays +$7 a day on $10k, but the gap is 0.199% under its 7d average: −$20 if it goes back, about 2.7 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$42+0.0250% /8h now · paid +0.416% over the last 6 days (all we have)
Price−$20spread −0.101% now, avg +0.099% → −0.199% if it goes back
Costs−$590.594% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.101%
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 size18.9 / 11.0 bpAt $10k entering BloFin costs 18.9 bp, fee and slippage, 1.7× Arcus’s.
- Note: Margin at max leverage$833 + $1,000BloFin 12x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$7.50Long BloFin: 6 payments, −$15.36; short Arcus: 24 payments, +$22.86.
- Watch: Gap narrower than usual−0.101% vs +0.099%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$200K vs $961K OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Arcus NoNo 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+0.0233%/8h × 21 periods+$48.92
Price spread−0.101% → +0.099% (7d avg)−$19.94
Slippage, 4 orderslive order books−$42.87
Fee BloFin bp × 2 orders−$12.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$30.39
Costs to cover0.594%Break-even11.3 days
Slippage: BloFin: live order book, 1 min ago; Arcus: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin6.0318.9 bp−$1934.7 bp−$347doesn’t fitdoesn’t fit
SELL · SHORTArcus6.1011.0 bp−$1132.8 bp−$328doesn’t fitdoesn’t fit
Closing costs about the same again.
