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

US

all US markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0019%/8hpaid last 24h +0.002%
Price spread now: Extended against BloFin−0.081%154s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2742.744% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.081%, 7d avg −0.072%
Together, before fees+0.040%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 154 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin US-USDT0.016660.0443pay 0.0221% / 4h32m 31s$494K$50K10x
ShortExtended US-USD0.016650.0424get 0.0053% / 1h32m 31s$4K$141K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$3.94
Price spread: −0.081% → −0.072%
−$0.92
Slippage, 4 orders
−$257.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$279.22
Costs to cover
2.744%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Extended: live order book, 5 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 BloFin live order book, 6 min ago0.30 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago5.40 bp129.7 bp −$130doesn't fitdoesn't fitdoesn't fit

US on 11 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
Bybit USUSDT+0.0100%4h0.01666−0.024%$3.3M$796K20xas long as short
Gate US_USDT+0.0100%4h0.01664−0.150%$2.1M$540K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01664−0.162%$4.3M$267K20xas long as short
Variational Omni US+0.0100%4h0.01668+0.067%$16K$3Kas long as short
Aster USUSDT+0.0182%4h0.01666+0.001%$12K$55K5xas long as short
MEXC US_USDT+0.0420%4h0.01665−0.072%$5.6M$115K100xas long as short
Binance USUSDT+0.0421%4h0.01665−0.067%$9.3M$3.0M10xas long as short
Extended US-USDshort+0.0424%1h0.01665−0.081%$4K$141K5x
BloFin US-USDTlong+0.0443%4h0.01666long leg$494K$50K10x
BingX US-USDT+0.0504%4h0.01666−0.030%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0574%4h0.01668+0.084%$4.4M$246K10xas long as short