Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 19.090 | −0.0008 | get 0.0008% / 8h | 4h 06m | $52K | $26K | 20x | Long BloFin | |
| SHORT | 19.035 | +0.0006 | get 0.0001% / 1h | 6m 01s | $676K | $623K | 10x | Short tradeXYZ |
Price gap−0.288%96s
Funding gap+0.0014% /8h
Funding pays $0 a day on $10k, but the gap is 0.288% under zero (no 7-day history yet): −$29 if it goes back, about 2 months of funding.
The two prices were read 96 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0014% /8h now · no funding history yet
Price—spread −0.288%96s now · prices read too far apart to compare
Costsno datano order book for BloFin
Price and funding
1h · historyEntry / ExitBloFin: thin, under $1M open interest · tradeXYZ: thin, under $1M open interest
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−0.288%
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
/8hDKNG on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for BloFin: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000BloFin 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.41Long BloFin: 3 payments, +$0.24; short tradeXYZ: 24 payments, +$0.18.
- Watch: Prices read 96 s apart−0.288% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$52K vs $676K OIBloFin sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · tradeXYZ NoNo 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 earnedno history yet: current rate+$2.90
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for BloFin—
Fee BloFin bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$1.80
Net, fees only · 7 days · $10k−$10.90
price spread not counted: prices read too far apartCosts to cover0.138%Break-even33.3 days
Slippage: BloFin: no order-book sample; tradeXYZ: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin—————
SELL · SHORTtradeXYZ3.415.2 bp−$515.4 bp−$154doesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin: no data.
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