Settings8H · net · $10k
Funding arb · Price arb /

AMAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0327%/8h= −35.9% APRpaid last 24h −0.022%
Price spread now: tradeXYZ against BloFin−0.066%48s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.115%−$11 on $10k
Price spread, last 3 days (all we have)+0.002%$0 · spread now −0.066%, 7d avg −0.084%
Together, before fees−0.112%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AMAT-USDT470.410.0372pay 0.0372% / 8h6h 56m$109K$85K20x
ShorttradeXYZ xyz:AMAT470.100.0045get 0.0006% / 1h56m 25s$2.7M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
−$68.77
Price spread: −0.066% → −0.084%
$1.83
Slippage, 4 orders
−$22.72
Fee BloFin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$119.66
Costs to cover
0.527%
Break-even
never at this rate
Slippage from BloFin: live order book, 58 min ago; tradeXYZ: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 58 min ago1.60 bp9.5 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 1 min ago0.43 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMATUSDT0.0000%8h470.34−0.014%$10K$11K20xas long as short
Bybit AMATUSDT0.0000%8h470.12−0.062%$904K$648K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h470.54+0.028%$1.4M$1.6M20xas long as short
Bitget AMATUSDT+0.0045%8h470.60+0.040%$2.1M$1.7M20xas long as short
tradeXYZ xyz:AMATshort+0.0045%1h470.10−0.066%$2.7M$2.3M10x
Vest AMAT-USD-PERP+0.0046%1h470.29−0.026%10xas long as short
KuCoin AMATUSDTM+0.0100%8h470.36−0.011%$412K$462K20xas long as short
SunX AMAT-USDT+0.0100%8h471.28+0.185%$811$372K10xas long as short
HTX AMAT-USDT+0.0100%8h471.96+0.329%$172K$39K20xas long as short
GRVT AMAT_USDT_Perp+0.0194%8h471.49+0.230%$5$96K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix AMAT+0.0292%1h471.18+0.164%$19K$110K10xas long as short
Variational Omni AMAT+0.0337%8h471.54+0.241%$87K$24Kas long as short
BloFin AMAT-USDTlong+0.0372%8h470.41long leg$109K$85K20x
Binance AMATUSDT+0.0396%8h470.16−0.054%$8.9M$12.6M20xas long as short
Extended AMAT-USD+0.0400%1h470.26−0.032%$5K$27K10xas long as short
Gate AMAT_USDT+0.0459%8h470.30−0.023%$1.8M$6.4M50xas long as short