Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.4% APRpaid last 24h +0.012%
Price spread now: BloFin against Extended+0.132%114s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as 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−$350.351% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)−0.478%−$48 · spread now +0.132%, 7d avg +0.026%
=Together, before fees−0.254%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.106% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 114 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 | Extended COIN_24_5-USD | 194.46 | 0.0016 | pay 0.0002% / 1h | 27m 17s | $103K | $860K | 10x |
| Short | BloFin COIN-USDT | 194.72 | 0.0092 | get 0.0092% / 8h | 7h 27m | $187K | $472K | 20x |
Extended COIN_24_5-USD
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $16.04
- Price spread: +0.132% → +0.026%
- $10.58
- Slippage, 4 orders
- −$18.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.49
- Costs to cover
- 0.351%
- Break-even
- 10.7 days
Slippage from Extended: live order book, 6 min ago; BloFin: live order book, 48 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 Extended live order book, 6 min ago | 1.03 bp | 9.2 bp −$9 | 71.0 bp −$710 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.51 bp | 8.0 bp −$8 | 11.6 bp −$116 | 23.6 bp −$2,360 | 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 | 194.86 | +0.204% | $17K | $53K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0067% | 1h | 193.97 | −0.254% | — | $319K | 25x | as long as short |
| Bitget COINUSDT | −0.0063% | 8h | 194.54 | +0.039% | $6.3M | $10.2M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 194.50 | +0.017% | $339K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 194.53 | +0.034% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 194.52 | +0.029% | $3.0M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 194.54 | +0.039% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 194.80 | +0.174% | $657K | $981K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 194.84 | +0.193% | $17K | $3.0M | 10x | as long as short |
| Extended COIN_24_5-USDlong | +0.0016% | 1h | 194.46 | long leg | $103K | $860K | 10x |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0020% | 8h | 194.53 | +0.035% | $14.7M | $81.6M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 194.45 | −0.008% | $358K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 194.42 | −0.023% | $468K | $1.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 194.68 | +0.111% | $17K | $52K | 5x | as long as short |
| edgeX COINUSDC | +0.0045% | 4h | 194.82 | +0.183% | $50K | $296K | 10x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 194.50 | +0.018% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 194.43 | −0.018% | $15.0M | $12.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 194.32 | −0.074% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 194.42 | −0.023% | $79 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.28 | −0.095% | $423K | $2.5M | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0092% | 8h | 194.72 | +0.132% | $187K | $472K | 20x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 194.42 | −0.023% | $979K | $193K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.72 | +0.132% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 194.50 | +0.018% | $562 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 194.48 | +0.010% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.74 | +0.142% | $4K | $283K | 10x | as long as short |
Binance COINUSDT
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
edgeX COINUSDC
QFEX COIN-USD
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