Funding you earn now, next payment 22:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.026%
Price spread now: Extended against BloFin−0.093%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.093%, 7d avg −0.028%
=Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 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 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COIN-USDT | 202.10 | 0.0120 | pay 0.0120% / 8h | 2h 00m | $200K | $339K | 20x |
| Short | Extended COIN_24_5-USD | 201.91 | 0 | get 0.0000% / 1h | 0m 48s | $120K | $446K | 10x |
BloFin COIN-USDT
Extended COIN_24_5-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: −0.093% → −0.028%
- −$6.56
- Slippage, 4 orders
- −$18.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$67.36
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 19 min ago; Extended: live order book, 22 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, 19 min ago | 0.25 bp | 10.0 bp −$10 | 14.3 bp −$143 | 40.2 bp −$4,022 | doesn't fit |
| Sell Extended live order book, 22 min ago | 0.99 bp | 8.6 bp −$9 | 56.7 bp −$567 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.06 | −0.020% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.99 | −0.057% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 201.91 | −0.093% | $120K | $446K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 201.94 | −0.078% | $15.6M | $77.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.93 | −0.084% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.00 | −0.049% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.02 | −0.040% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.98 | −0.061% | $760K | $983K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.00 | −0.049% | $18K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0012% | 8h | 202.00 | −0.049% | $6.9M | $10.0M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0027% | 1h | 201.98 | −0.059% | $1.4M | $3.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.92 | −0.091% | $368K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.85 | −0.124% | $431K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.17 | +0.035% | $16K | $56K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.95 | −0.074% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.90 | −0.099% | $16.4M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.92 | −0.089% | $151K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.02 | −0.040% | $71 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.143% | $348K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.96 | −0.069% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.99 | −0.054% | $91K | $514K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.01 | −0.045% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.93 | −0.084% | $119 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 202.10 | long leg | $200K | $339K | 20x | |
| Phoenix COIN | +0.0197% | 1h | 202.02 | −0.040% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0619% | 4h | 202.07 | −0.015% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC