Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.004%
Price spread now: BloFin against Extended−0.545%54s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$940.943% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.750%+$75 · spread now −0.545%, 7d avg −0.038%
Together, before fees+0.849%+ Points / potential airdropExtended: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.507% cheaper against Extended than usual: you would sell low and buy high (spread −0.545% now, against its 7-day average of −0.038%). If the spread goes back, that is −$51 on $10k: about 15 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.099% in total) that is about 36 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AR-USD4.20690.0104pay 0.0013% / 1h30m 21s$36K$248K10x
ShortBloFin AR-USDT4.18400.0220get 0.0220% / 8h2h 30m$416K$454K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$24.36
Price spread: −0.545% → −0.038%
−$50.65
Slippage, 4 orders
−$77.35
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$120.64
Costs to cover
0.943%
Break-even
41.7 days
Slippage from Extended: live order book, 17 min ago; BloFin: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 17 min ago6.67 bp31.3 bp −$31247.5 bp −$2,475doesn't fitdoesn't fit
Sell BloFin live order book, 60 min ago1.14 bp18.0 bp −$1835.1 bp −$351doesn't fitdoesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.0920%1h4.1875−0.461%$52K$179K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.2096+0.063%$541K50xas long as short
Hyperliquid AR+0.0100%1h4.2127+0.137%$3.4M$4.8M5xas long as short
Aster ARUSDT+0.0100%8h4.2035−0.082%$37K$464K10xas long as short
Binance ARUSDT+0.0100%8h4.2043−0.063%$8.3M$52.0M75xas long as short
Bybit ARUSDT+0.0100%8h4.2021−0.115%$4.2M$9.2M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.2030−0.093%$2.1M$16.9M20xas long as short
Gate AR_USDT+0.0100%8h4.2030−0.093%$2.3M$2.7M50xas long as short
MEXC AR_USDT+0.0100%8h4.2110+0.097%$5.7M$4.3M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.2050−0.046%$1.1M$1.3M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARUSDT+0.0100%8h4.2050−0.046%$3.7M$5.5M75xas long as short
BingX AR-USDT+0.0100%8h4.2080+0.026%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.1749−0.762%$234K$626Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.1980−0.212%$20K$717K50xas long as short
Extended AR-USDlong+0.0104%1h4.2069long leg$36K$248K10x
BloFin AR-USDTshort+0.0220%8h4.1840−0.545%$416K$454K20x
Injective AR/USDC PERP+0.0666%1h4.4240+5.160%$2K$5K5.5xas long as short