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

S

all S markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.066%
Price spread now: BloFin against Extended+0.054%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 3 days (all we have)−0.335%−$34 · spread now +0.054%, 7d avg +0.038%
Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.039190.0104pay 0.0013% / 1h58m 29s$219K$883K10x
ShortBloFin S-USDT0.039210.0340get 0.0170% / 4h1h 58m$269K$133K75x

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
$49.56
Price spread: +0.054% → +0.038%
$1.62
Slippage, 4 orders
−$90.22
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$56.04
Costs to cover
1.072%
Break-even
14.9 days
Slippage from Extended: live order book, 25 min ago; BloFin: live order book, 18 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, 25 min ago3.83 bp31.2 bp −$31249.9 bp −$2,499doesn't fitdoesn't fit
Sell BloFin live order book, 18 min ago2.54 bp18.0 bp −$1847.6 bp −$476doesn't fitdoesn't fit

S on 25 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_SUSD−0.1593%1h0.03923+0.108%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−2.370%$47K$5K25xas long as short
Variational Omni S−0.0787%4h0.03914−0.128%$609K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0192% / S +0.0186%1h0.03926+0.182%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03919+0.009%$415xas long as short
01 Exchange SUSD0.0000%1h0.03920+0.029%$24K$3K5xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h0.03927+0.207%$66K$10K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03925+0.144%$605150xas long as short
Orderly PERP_S_USDC+0.0016%4h0.03925+0.156%$100K$349K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.622%$2K$37K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SUSDT+0.0043%4h0.03923+0.102%$43K$212K10xas long as short
Lighter S+0.0096%1h0.03925+0.156%$164K$222K5xas long as short
Hyperliquid S+0.0100%1h0.03920+0.042%$984K$878K5xas long as short
Binance SUSDT+0.0100%4h0.03920+0.019%$5.3M$22.5M75xas long as short
Bybit SUSDT+0.0100%4h0.03915−0.099%$5.6M$6.2M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03920+0.029%$978K$7.1M20xas long as short
Gate S_USDT+0.0100%4h0.03917−0.048%$320K$265K50xas long as short
MEXC S_USDT+0.0100%4h0.03920+0.029%$3.5M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03921+0.054%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03926+0.182%$1.2M$2.9M50xas long as short
BingX S-USDT+0.0100%4h0.03919+0.003%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03920+0.029%$23K$469K50xas long as short
Extended S-USDlong+0.0104%1h0.03919long leg$219K$883K10x
BloFin S-USDTshort+0.0340%4h0.03921+0.054%$269K$133K75x
Backpack S_USDC_PERP+0.0872%1h0.03930+0.284%$114K$298K5xas long as short