Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.038%
Price spread now: Extended against BloFin−0.223%94s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$570.568% of the position
Funding, last 7 days−0.251%−$25 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.223%, 7d avg −0.043%
=Together, before fees−0.157%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.179% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 94 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 BE-USDT | 271.59 | 0.0120 | pay 0.0120% / 8h | 39m 27s | $45K | $145K | 20x |
| Short | Extended BE-USD | 270.98 | 0 | get 0.0000% / 1h | 39m 27s | $46K | $381K | 10x |
BloFin BE-USDT
Extended BE-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: −0.223% → −0.043%
- −$17.94
- Slippage, 4 orders
- −$39.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.98
- Costs to cover
- 0.568%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Extended: live order book, 63 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, 30 min ago | 1.47 bp | 10.4 bp −$10 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Extended live order book, 63 min ago | 1.66 bp | 15.5 bp −$16 | 204.6 bp −$2,046 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0399% | 8h | 271.20 | −0.144% | $1.4M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | −0.0078% | 8h | 271.40 | −0.070% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 270.95 | −0.235% | $343K | $128K | 20x | as long as short |
| Extended BE-USDshort | 0.0000% | 1h | 270.98 | −0.223% | $46K | $381K | 10x | |
| Binance BEUSDT | 0.0000% | 8h | 271.08 | −0.186% | $8.2M | $37.1M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.31 | −0.103% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.57 | −0.007% | $7K | $155K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.61 | +0.007% | $975 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.50 | −0.033% | $12K | $35K | 20x | as long as short |
| QFEX BE-USD | +0.0017% | 1h | 271.23 | −0.133% | $1.3M | $2.2M | 10x | as long as short |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
QFEX BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BE | +0.0032% | 1h | 271.24 | −0.129% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.27 | −0.118% | $241K | $305K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0032% | 1h | 270.59 | −0.368% | $473K | $114K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.28 | −0.114% | $113K | $96K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.26 | −0.122% | — | — | 10x | as long as short |
| Bybit BEUSDT | +0.0066% | 8h | 271.27 | −0.118% | $2.0M | $1.1M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.05 | −0.199% | $366K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.44 | −0.056% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0115% | 1h | 271.20 | −0.144% | $5.9M | $2.8M | 10x | as long as short |
| BloFin BE-USDTlong | +0.0120% | 8h | 271.59 | long leg | $45K | $145K | 20x | |
| Deribit BE_USDC-PERPETUAL | +0.0413% | 1h | 271.54 | −0.018% | $6K | $4K | 10x | as long as short |
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Arcus BE-USD
Vest BE-USD-PERP
Bybit BEUSDT
KuCoin BEUSDTM
Aevo BE-PERP
tradeXYZ xyz:BE
Deribit BE_USDC-PERPETUAL