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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.115%7-day average −0.275% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.115%, 7d avg −0.275%
Together, before fees−0.185%+ Points / potential airdropExtended: Active · farm board−$18 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: Bybit is 0.160% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.275%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DEEP-USD0.019440.0104pay 0.0013% / 1h8m 40s$3K$224K5x
ShortBybit DEEPUSDT0.019420.0100get 0.0100% / 8h3h 08m$4.2M$2.8M50x

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
−$0.84
Price spread: −0.115% → −0.275%
$16.01
Slippage, 4 orders
−$152.35
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$153.18
Costs to cover
1.684%
Break-even
never at this rate
Slippage from Extended: live order book, 43 min ago; Bybit: live order book, 4 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 ago6.08 bp48.4 bp −$48379.3 bp −$3,793doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago5.11 bp34.7 bp −$35190.8 bp −$1,908doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.5951%1h0.01944−0.012%$79K$11K20xas long as short
BloFin DEEP-USDT+0.0081%8h0.01948+0.194%$136K$32K50xas long as short
Binance DEEPUSDT+0.0100%4h0.019440.000%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.01942−0.115%$4.2M$2.8M50x
Gate DEEP_USDT+0.0100%4h0.01943−0.064%$301K$89K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01945+0.039%$1.0M$468K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01946+0.091%$1.8M$93K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01949+0.245%$809K$578K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01947+0.142%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01944−0.005%$12K$9Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USDlong+0.0104%1h0.01944long leg$3K$224K5x
Kraken Futures PF_DEEPUSD+0.2251%1h0.01944+0.002%$8K$10K10xas long as short