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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h 0.000%
Price spread now: Extended against BloFin−0.264%354s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2662.665% 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)+1.069%+$107 · spread now −0.264%, 7d avg +0.024%
Together, before fees+1.079%+ Points / potential airdropExtended: Active · farm board+$108 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.287% cheaper against BloFin than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.024%. The two prices were read 354 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin B-USDT0.20500.0721pay 0.0361% / 4h2h 43m$609K$39K20x
ShortExtended B-USD0.20450.0728get 0.0091% / 1h43m 12s$15K$219K5x

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
$1.37
Price spread: −0.264% → +0.024%
−$28.73
Slippage, 4 orders
−$249.5
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$293.86
Costs to cover
2.665%
Break-even
1511.2 days
Slippage from BloFin: live order book, 23 min ago; Extended: live order book, 24 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, 23 min ago2.43 bp30.6 bp −$31205.0 bp −$2,050doesn't fitdoesn't fit
Sell Extended live order book, 24 min ago9.73 bp118.7 bp −$119doesn't fitdoesn't fitdoesn't fit

B 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
Gate B_USDT+0.0100%4h0.2043−0.341%$3.5M$623K20xas long as short
KuCoin BUSDTM+0.0648%4h0.2044−0.317%$1.9M$71K10xas long as short
BloFin B-USDTlong+0.0721%4h0.2050long leg$609K$39K20x
Extended B-USDshort+0.0728%1h0.2045−0.264%$15K$219K5x
Binance BUSDT+0.0729%4h0.2045−0.247%$11.8M$2.0M20xas long as short
Bybit BUSDT+0.0731%4h0.2043−0.361%$1.7M$957K13xas long as short
MEXC B_USDT+0.0736%4h0.2044−0.293%$1.0M$358K100xas long as short
edgeX BUSDC+0.0761%4h0.2044−0.316%$3K$392K5xas long as short
Bitget BUSDT+0.1044%4h0.2044−0.293%$2.8M$257K10xas long as short
BingX B-USDT+0.1052%4h0.2044−0.293%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1465%4h0.2045−0.236%$1.9M$213K5xas long as short