Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.015%

Price spread now: Extended against BloFin−0.081%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.081% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AMAT-USDT	454.26	0.0018	pay 0.0018% / 8h	7h 26m	$108K	$121K	20x
Short	Extended AMAT-USD	453.89	0	get 0.0000% / 1h	26m 00s	$1K	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee ExtendedbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$3.83
Price spread: −0.081% → 0.000%: −$8.11
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$28.94
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 30 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 30 min ago	1.32 bp	16.5 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AMAT_USDT_Perp	−0.0749%	8h	455.35	+0.240%	$537	$109K	10x	as long as short
Bitget AMATUSDT	−0.0374%	8h	454.13	−0.029%	$1.9M	$1.9M	20x	as long as short
tradeXYZ xyz:AMAT	−0.0193%	1h	453.69	−0.125%	$2.1M	$2.6M	10x	as long as short
Aster AMATUSDT	0.0000%	8h	454.25	−0.001%	$9K	$10K	20x	as long as short
Extended AMAT-USDshort	0.0000%	1h	453.89	−0.081%	$1K	$14K	10x
Binance AMATUSDT	0.0000%	8h	454.03	−0.050%	$8.2M	$14.5M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	454.01	−0.055%	$808K	$700K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	454.23	−0.007%	$1.3M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	453.60	−0.145%	$1.5M	$5.3M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	455.44	+0.261%	$57K	$40K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMAT-USDTlong	+0.0018%	8h	454.26	long leg	$108K	$121K	20x
Vest AMAT-USD-PERP	+0.0046%	1h	454.18	−0.018%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	454.19	−0.015%	$389K	$593K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	455.30	+0.229%	$1K	$378K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	455.11	+0.187%	$166K	$40K	20x	as long as short
Phoenix AMAT	+0.0122%	1h	455.30	+0.229%	$18K	$116K	10x	as long as short