Funding you earn now, next payment 06:00 UTC+0.0756%/8h= +82.8% APRpaid last 24h −0.050%
Price spread now: Extended against Bybit+0.382%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$356as in the Price arb table
costs, in and out, $10k−$3803.799% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.382%, 7d avg +0.144%
=Together, before fees−0.145%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Extended is 0.238% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.144%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FHEUSDT | 0.02209 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.5M | $502K | 13x |
| Short | Extended FHE-USD | 0.02217 | 0.0856 | get 0.0107% / 1h | 41m 03s | $1K | $200K | 5x |
Bybit FHEUSDT
Extended FHE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $158.76
- Price spread: +0.382% → +0.144%
- $23.79
- Slippage, 4 orders
- −$363.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$197.38
- Costs to cover
- 3.799%
- Break-even
- 15.7 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 22 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 Bybit live order book, 5 min ago | 4.50 bp | 105.8 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 22 min ago | 3.85 bp | 94.8 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
FHE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDTlong | +0.0100% | 4h | 0.02209 | long leg | $1.5M | $502K | 13x | |
| Gate FHE_USDT | +0.0100% | 8h | 0.02214 | +0.226% | $612K | $73K | 10x | as long as short |
| Aster FHEUSDT | +0.0564% | 4h | 0.02213 | +0.188% | $17K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0814% | 4h | 0.02216 | +0.317% | — | $6.5M | — | as long as short |
| Binance FHEUSDT | +0.0855% | 4h | 0.02214 | +0.226% | $3.0M | $1.5M | 10x | as long as short |
| Extended FHE-USDshort | +0.0856% | 1h | 0.02217 | +0.382% | $1K | $200K | 5x | |
| MEXC FHE_USDT | +0.0856% | 4h | 0.02215 | +0.272% | $841K | $302K | 50x | as long as short |
| KuCoin FHEUSDTM | +0.1020% | 4h | 0.02213 | +0.181% | $653K | $9.2M | 10x | as long as short |
Gate FHE_USDT
Aster FHEUSDT
BingX FHE-USDT
Binance FHEUSDT
MEXC FHE_USDT
KuCoin FHEUSDTM