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

BASED

all BASED markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.026%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$950.946% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.026%, 7d avg +0.034%
Together, before fees+0.033%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BASED-USD0.067270.0104pay 0.0013% / 1h41m 55s$5K$226K5x
ShortBinance BASEDUSDT0.067290.0100get 0.0050% / 4h2h 41m$4.1M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$0.84
Price spread: +0.026% → +0.034%
−$0.78
Slippage, 4 orders
−$79.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$96.18
Costs to cover
0.946%
Break-even
never at this rate
Slippage from Extended: live order book, 45 min ago; Binance: live order book, 10 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, 45 min ago1.34 bp17.3 bp −$17229.1 bp −$2,291doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.49 bp26.5 bp −$26100.2 bp −$1,002doesn't fitdoesn't fit

BASED on 15 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
BloFin BASED-USDT+0.0062%4h0.06722−0.078%$211K$37K25xas long as short
Aster BASEDUSDT+0.0100%4h0.06725−0.033%$28K$6K5xas long as short
Binance BASEDUSDTshort+0.0100%4h0.06729+0.026%$4.1M$2.9M25x
Bybit BASEDUSDT+0.0100%4h0.06717−0.152%$2.1M$573K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06720−0.107%$2.6M$3.3M20xas long as short
Gate BASED_USDT+0.0100%4h0.06723−0.063%$535K$514K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06728+0.012%$4.8M$650K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06719−0.122%$560K$110K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06737+0.145%$1.3M$359K25xas long as short
BingX BASED-USDT+0.0100%4h0.06722−0.078%$1.6Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BASED+0.0100%4h0.06707−0.300%$92K$21Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06720−0.107%$92K$372K10xas long as short
SunX BASED-USDT+0.0100%4h0.06726−0.018%$1K$792K20xas long as short
Extended BASED-USDlong+0.0104%1h0.06727long leg$5K$226K5x
Orderly PERP_BASED_USDC+0.0270%4h0.06726−0.018%$3K$65210xas long as short