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 − costs—prices read too far apart to compare
costs, in and out, $10k−$530.527% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AMAT-USDT | 470.41 | 0.0372 | pay 0.0372% / 8h | 6h 56m | $109K | $85K | 20x |
| Short | tradeXYZ xyz:AMAT | 470.10 | 0.0045 | get 0.0006% / 1h | 56m 25s | $2.7M | $2.3M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 58 min ago | 1.60 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 0.43 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.34 | −0.014% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 470.12 | −0.062% | $904K | $648K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 470.54 | +0.028% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | +0.0045% | 8h | 470.60 | +0.040% | $2.1M | $1.7M | 20x | as long as short |
| tradeXYZ xyz:AMATshort | +0.0045% | 1h | 470.10 | −0.066% | $2.7M | $2.3M | 10x | |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.29 | −0.026% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 470.36 | −0.011% | $412K | $462K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 471.28 | +0.185% | $811 | $372K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 471.96 | +0.329% | $172K | $39K | 20x | as long as short |
| GRVT AMAT_USDT_Perp | +0.0194% | 8h | 471.49 | +0.230% | $5 | $96K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AMAT | +0.0292% | 1h | 471.18 | +0.164% | $19K | $110K | 10x | as long as short |
| Variational Omni AMAT | +0.0337% | 8h | 471.54 | +0.241% | $87K | $24K | — | as long as short |
| BloFin AMAT-USDTlong | +0.0372% | 8h | 470.41 | long leg | $109K | $85K | 20x | |
| Binance AMATUSDT | +0.0396% | 8h | 470.16 | −0.054% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0400% | 1h | 470.26 | −0.032% | $5K | $27K | 10x | as long as short |
| Gate AMAT_USDT | +0.0459% | 8h | 470.30 | −0.023% | $1.8M | $6.4M | 50x | as long as short |
BloFin AMAT-USDT
tradeXYZ xyz:AMAT
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
GRVT AMAT_USDT_Perp
Phoenix AMAT
Variational Omni AMAT
Binance AMATUSDT
Extended AMAT-USD
Gate AMAT_USDT