Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2387 | +0.0104 | pay 0.0013% / 1h | 33m 32s | $327K | $3.4M | 5x | Long Extended10% off | |
| SHORT | 0.2389 | +0.0826 | get 0.0103% / 1h | 33m 32s | $233K | $571K | 10x | Short Arcus5% off |
Price gap+0.091%
Funding gap+0.0722% /8h
Funding pays +$22 a day on $10k, but the gap is 0.052% under its 7d average: −$5 if it goes back, about 6 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$69+0.0722% /8h now · paid +0.687% over the last 5 days (all we have)
Price−$5spread +0.091% now, avg +0.143% → −0.052% if it goes back
Costs−$1331.335% of $10k · taker + slippage, in and out
Result−$70−0.70%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Arcus price against Extendednow
RANGE STATS · 7D
Now+0.091%
Average—
Range—
Wider than now—
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
3 ok · 3 to watch- Watch: Thin at this size92.4 / 5.1 bpAt $10k entering Extended costs 92.4 bp, fee and slippage, 18.1× Arcus’s.
- Note: Margin at max leverage$2,000 + $1,000Extended 5x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$21.65Long Extended: 24 payments, −$3.12; short Arcus: 24 payments, +$24.77.
- Watch: Gap narrower than usual+0.091% vs +0.143%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$233K vs $327K OIArcus sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0442%/8h × 21 periods+$92.79
Price spread+0.091% → +0.143% (7d avg)−$5.22
Slippage, 4 orderslive order books−$123.97
Fee Extended bp × 2 orders−$5.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$45.90
Costs to cover1.335%Break-even10.5 days
Slippage: Extended: live order book, 5 min ago; Arcus: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended8.8792.4 bp−$92420.8 bp−$4,208doesn’t fitdoesn’t fit
SELL · SHORTArcus2.075.1 bp−$526.9 bp−$269doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado