Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.14 | −0.0089 | get 0.0011% / 1h | 49m 37s | $3.2M | $3.7M | 10x | Long tradeXYZ | |
| SHORT | 120.75 | −0.0027 | pay 0.0027% / 8h | 6h 49m | $164K | $8K | 20x | Short BloFin |
Price gap+0.508%
Funding gap+0.0061% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.304% above its 7d average: +$30 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0061% /8h now · paid +0.113% over the last 7D
Price+$30spread +0.508% now, avg +0.204% → +0.304% if it goes back
Costs−$690.691% of $10k · taker + slippage, in and out
Result−$27−0.27%+ Points / potential airdroptradeXYZ: 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+0.508%
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
/8hBX on 18 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size15.0 / 27.0 bpAt $10k entering BloFin costs 27.0 bp, fee and slippage, 1.8× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, BloFin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.84Long tradeXYZ: 24 payments, +$2.66; short BloFin: 3 payments, −$0.82.
- OK: Entry gap works for you+0.508% vs +0.204%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$164K vs $3.2M OIBloFin sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ No · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0054%/8h × 21 periods+$11.35
Price spread+0.508% → +0.204% (7d avg)+$30.37
Slippage, 4 orderslive order books−$55.27
Fee tradeXYZ bp × 2 orders−$1.80
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$27.35
Costs to cover0.691%Break-even23.9 days
Slippage: tradeXYZ: live order book, 7 min ago; BloFin: live order book, 46 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ2.5015.0 bp−$15138.0 bp−$1,380doesn’t fitdoesn’t fit
SELL · SHORTBloFin1.6627.0 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-30 17:01 | Markets by Kinetiq | Other | JUST IN: Anthropic $ANT may not secure "investment grade" rating after IPO, due to massive outstanding liabilities, Blackstone tells investors - FT @Markets_xyz on X ↗ |
| 10-27 13:30 | Vest Markets | Other | Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗ |
| 10-20 15:02 | tradeXYZ | Other | Big week for earnings on TradeXYZ: Tue 10/20: SpaceX (SPCX), Netflix (NFLX) Wed 10/21: Tesla (TSLA), Meta (META), IBM, Lam Research (LRCX) Thu 10/22: Nokia (NOK), Western Digital (WDC), Bloom Energy (BE), Blackstone (BX) @tradexyz on X ↗ |
| 10-18 06:20 | Kalshi | Other | JUST IN: Anthropic offers Blackstone more than 10% yield in exchange for a $60 billion chip debt package @Kalshi on X ↗ |
| 09-29 09:26 | BloFin | Listing | new market BX-USDT ($BX) seen by our collector |
| 09-29 04:16 | BloFin | Listing | BloFin Futures will list the $BRKB-USDT, $BX-USDT, $KO-USDT, and $DKNG-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗ |


Kalshi