Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3848 | +0.0104 | pay 0.0013% / 1h | 57m 47s | $112K | $649K | 10x | Long Extended10% off | |
| SHORT | 0.3875 | +0.0464 | get 0.0058% / 1h | 57m 47s | $3K | $126K | 10x | Short Aftermath Perps5% off |
Price gap+0.720%
Funding gap+0.0360% /8h
Both sides work: funding pays +$11 a day on $10k, and the gap is 0.602% above its 7d average: +$60 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$127+0.0360% /8h now · paid +1.272% over the last 7D
Price+$60spread +0.720% now, avg +0.119% → +0.602% if it goes back
Costs−$650.653% of $10k · taker + slippage, in and out
Result+$122+1.22%+ 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+0.720%
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
4 ok · 2 to watch- Watch: Thin at this size5.1 / 20.9 bpAt $10k entering Aftermath Perps costs 20.9 bp, fee and slippage, 4.1× Extended’s.
- Note: Margin at max leverage$1,000 + $1,000Extended 10x, Aftermath Perps 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: +$10.81Long Extended: 24 payments, −$3.12; short Aftermath Perps: 24 payments, +$13.93.
- OK: Entry gap works for you+0.720% vs +0.119%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $112K 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 legExtended No · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0606%/8h × 21 periods+$127.16
Price spread+0.720% → +0.119% (7d avg)+$60.16
Slippage, 4 orderslive order books−$51.26
Fee Extended bp × 2 orders−$5.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$122.06
Costs to cover0.653%Break-even0.3 days
Slippage: Extended: live order book, 39 min ago; Aftermath Perps: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended2.565.1 bp−$59.1 bp−$91doesn’t fitdoesn’t fit
SELL · SHORTAftermath Perps14.7220.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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