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

B

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h −0.098%
Price spread now: Bybit against Extended−0.134%7-day average −0.226% · you buy dearer than you sell
Net, funding: paid 7d − costs−$574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$537as in the Price arb table
costs, in and out, $10k−$5465.464% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.277%−$28 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.134%, 7d avg −0.226%
Together, before fees−0.275%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.092% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.226%. Mind the row above: over the last 7 days funding on this pair cost −0.277%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20510.0560pay 0.0070% / 1h18m 53s$20K$222K5x
ShortBybit BUSDT0.20490.0659get 0.0329% / 4h1h 18m$1.7M$897K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$20.72
Price spread: −0.134% → −0.226%
$9.18
Slippage, 4 orders
−$530.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$516.52
Costs to cover
5.464%
Break-even
181.5 days
Slippage from Extended: live order book, 43 min ago; Bybit: live order book, 3 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, 43 min ago8.59 bp88.3 bp −$88813.2 bp −$8,132doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago5.13 bp182.5 bp −$1832095.3 bp −$21.0Kdoesn'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%4h0.2049−0.119%$3.5M$612K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2048−0.187%$1.9M$71K10xas long as short
BloFin B-USDT+0.0525%4h0.2045−0.314%$605K$39K20xas long as short
edgeX BUSDC+0.0548%4h0.2046−0.261%$3K$390K5xas long as short
MEXC B_USDT+0.0554%4h0.2052+0.027%$1.0M$366K100xas long as short
Extended B-USDlong+0.0560%1h0.2051long leg$20K$222K5x
Binance BUSDT+0.0564%4h0.2052+0.027%$11.9M$1.9M20xas long as short
BingX B-USDT+0.0648%4h0.2051−0.022%$1.3Mas long as short
Bybit BUSDTshort+0.0659%4h0.2049−0.134%$1.7M$897K13x
Bitget BUSDT+0.0698%4h0.2050−0.070%$2.8M$240K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1325%4h0.2050−0.070%$1.9M$212K5xas long as short