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

B

all B markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0031%/8h= −3.3% APRpaid last 24h 0.000%
Price spread now: BloFin against Extended+0.415%154s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as 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)−1.221%−$122 · spread now +0.415%, 7d avg −0.024%
Together, before fees−1.231%+ Points / potential airdropExtended: Active · farm board−$123 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.439% dearer against Extended than usual: you sell high and buy low (spread +0.415% now, against its 7-day average of −0.024%): +$44 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 48 days. At the pace of the last 7 days (−0.010% in total) that is about 11 months. 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
LongExtended B-USD0.20420.0752pay 0.0094% / 1h46m 44s$15K$222K5x
ShortBloFin B-USDT0.20500.0721get 0.0361% / 4h2h 46m$609K$39K20x

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

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

Profit calculator

Funding earned
−$6.41
Price spread: +0.415% → −0.024%
$43.89
Slippage, 4 orders
−$249.5
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$229.01
Costs to cover
2.665%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; BloFin: live order book, 20 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, 20 min ago9.73 bp97.5 bp −$98820.0 bp −$8,200doesn't fitdoesn't fit
Sell BloFin live order book, 20 min ago2.43 bp19.7 bp −$2075.7 bp −$757doesn'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+0.0110%4h0.2043+0.072%$3.5M$621K20xas long as short
KuCoin BUSDTM+0.0680%4h0.2042+0.014%$1.9M$71K10xas long as short
BloFin B-USDTshort+0.0721%4h0.2050+0.415%$609K$39K20x
Binance BUSDT+0.0742%4h0.2043+0.057%$11.8M$2.0M20xas long as short
Extended B-USDlong+0.0752%1h0.2042long leg$15K$222K5x
MEXC B_USDT+0.0752%4h0.2041−0.025%$988K$356K100xas long as short
edgeX BUSDC+0.0760%4h0.2047+0.266%$3K$391K5xas long as short
Bybit BUSDT+0.0763%4h0.2040−0.074%$1.7M$958K13xas long as short
BingX B-USDT+0.1052%4h0.2041−0.025%$1.3Mas long as short
Bitget BUSDT+0.1072%4h0.2041−0.025%$2.8M$249K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1477%4h0.2044+0.098%$1.9M$213K5xas long as short