Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3814 | +0.0887 | pay 0.0111% / 1h | 56m 03s | $3K | $130K | 10x | Long Aftermath Perps5% off | |
| SHORT | 0.3784 | +0.0104 | get 0.0013% / 1h | 56m 03s | $125K | $999K | 10x | Short Extended10% off |
Price gap−0.797%
Funding gap−0.0783% /8h
Both sides work against this direction now: funding costs $24 a day on $10k and the gap is 0.679% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$127−0.0783% /8h now · paid −1.266% over the last 7D
Price−$68spread −0.797% now, avg −0.119% → −0.679% if it goes back
Costs−$590.593% of $10k · taker + slippage, in and out
Result−$254−2.54%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
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−0.797%
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
/8hWLD on 43 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size19.4 / 5.1 bpAt $10k entering Aftermath Perps costs 19.4 bp, fee and slippage, 3.8× Extended’s.
- Note: Margin at max leverage$1,000 + $1,000Aftermath Perps 10x, Extended 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: −$23.50Long Aftermath Perps: 24 payments, −$26.62; short Extended: 24 payments, +$3.12.
- Watch: Gap narrower than usual−0.797% vs −0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$3K vs $125K OIAftermath Perps 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 legAftermath Perps No · Extended NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0603%/8h × 21 periods−$126.60
Price spread−0.797% → −0.119% (7d avg)−$67.85
Slippage, 4 orderslive order books−$45.28
Fee Aftermath Perps bp × 2 orders−$9.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$253.73
Costs to cover0.593%Break-evennever at this rate
Slippage: Aftermath Perps: live order book, 22 min ago; Extended: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps12.3219.4 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTExtended2.615.1 bp−$511.0 bp−$110doesn’t fitdoesn’t fit
Closing costs about the same again.
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