Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.009%
Price spread now: Extended against MEXC−0.024%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.375% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.024%, 7d avg 0.000%
=Together, before fees−0.079%+ Points / potential airdropExtended: Active · farm board−$8 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 0.024% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BILL_USDT | 0.01367 | 0.0206 | pay 0.0103% / 4h | 2h 48m | $1.0M | $330K | 50x |
| Short | Extended BILL-USD | 0.01367 | 0.0208 | get 0.0026% / 1h | 48m 45s | $2K | $227K | 5x |
MEXC BILL_USDT
Extended BILL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.42
- Price spread: −0.024% → 0.000%
- −$2.42
- Slippage, 4 orders
- −$132.51
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$139.5
- Costs to cover
- 1.375%
- Break-even
- 2332.1 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 18 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 2 min ago | 3.65 bp | 9.9 bp −$10 | 112.5 bp −$1,125 | 462.2 bp −$46.2K | doesn't fit |
| Sell Extended live order book, 18 min ago | 5.42 bp | 69.2 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
BILL on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BILLUSDT | +0.0100% | 4h | 0.01370 | +0.206% | $2K | $4K | 5x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01366 | −0.073% | $1.3M | $962K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0100% | 4h | 0.01366 | −0.073% | $995K | $2.6M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01368 | +0.073% | $276K | $76K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01368 | +0.073% | $624K | $925K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01370 | +0.219% | $1K | $1.1M | 20x | as long as short |
| BloFin BILL-USDT | +0.0145% | 4h | 0.01369 | +0.146% | $146K | $19K | 20x | as long as short |
| BingX BILL-USDT | +0.0194% | 4h | 0.01368 | +0.073% | — | $1.7M | — | as long as short |
| MEXC BILL_USDTlong | +0.0206% | 4h | 0.01367 | long leg | $1.0M | $330K | 50x | |
| Extended BILL-USDshort | +0.0208% | 1h | 0.01367 | −0.024% | $2K | $227K | 5x |
Aster BILLUSDT
Bybit BILLUSDT
OKX BILL-USDT-SWAP
Gate BILL_USDT
Bitget BILLUSDT
SunX BILL-USDT
BloFin BILL-USDT
BingX BILL-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BILLUSDT | +0.0218% | 4h | 0.01367 | 0.000% | $2.4M | $3.7M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0552% | 1h | 0.01366 | −0.073% | $21K | $941 | 5x | as long as short |
| HTX BILL-USDT | +0.0557% | 4h | 0.01371 | +0.293% | $17K | $8K | 20x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0632% | 1h | 0.01364 | −0.234% | $46K | $99K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.0864% | 4h | 0.01368 | +0.088% | $441K | $292K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2242% | 1h | 0.01368 | +0.059% | $107K | $14K | 10x | as long as short |
Binance BILLUSDT
Backpack BILL_USDC_PERP
HTX BILL-USDT
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL