Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 36.131 | 0 | 0.0000% / 8h | 2h 50m | $198K | $786K | 5x | Long Bitget | |
| SHORT | 36.080 | −0.0040 | pay 0.0005% / 1h | 50m 00s | $19K | $196K | 10x | Short Extended10% off |
Price gap−0.140%
Funding gap−0.0040% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$17−0.0040% /8h now · paid −0.173% over the last 7D
Price$0spread −0.140% now, avg −0.138% → −0.002% if it goes back
Costs−$1401.399% of $10k · taker + slippage, in and out
Result−$157−1.57%+ Points / potential airdropExtended: 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−0.140%
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
/8hQNT on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size47.2 / 30.4 bpAt $10k entering Bitget costs 47.2 bp, fee and slippage, 1.6× Extended’s.
- Note: Margin at max leverage$2,000 + $1,000Bitget 5x, Extended 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: −$1.20Long Bitget: 3 payments, $0.00; short Extended: 24 payments, −$1.20.
- Note: Gap at its usual level−0.140% vs −0.138%The price leg adds little either way.
- Watch: Short leg is thinner$19K vs $198K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · Extended NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0083%/8h × 21 periods−$17.33
Price spread−0.140% → −0.138% (7d avg)−$0.22
Slippage, 4 orderslive order books−$122.85
Fee Bitget bp × 2 orders−$12.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$157.40
Costs to cover1.399%Break-evennever at this rate
Slippage: Bitget: live order book, 47 min ago; Extended: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget17.9147.2 bp−$4786.2 bp−$862doesn’t fitdoesn’t fit
SELL · SHORTExtended4.8230.4 bp−$30202.5 bp−$2,025doesn’t fitdoesn’t fit
Closing costs about the same again.
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