Funding you earn now, next payment 02:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h +0.071%
Price spread now: Bybit against Extended−0.109%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$417as in the Price arb table
costs, in and out, $10k−$4204.201% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now −0.109%, 7d avg −0.142%
=Together, before fees−0.075%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.034% dearer against Extended than usual: you sell high and buy low (spread −0.109% now, against its 7-day average of −0.142%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% 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 | Extended FHE-USD | 0.02242 | 0.0608 | pay 0.0076% / 1h | 9m 13s | $2K | $100K | 5x |
| Short | Bybit FHEUSDT | 0.02240 | 0.0412 | get 0.0206% / 4h | 2h 09m | $1.6M | $476K | 13x |
Extended FHE-USD
Bybit FHEUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.16
- Price spread: −0.109% → −0.142%
- $3.37
- Slippage, 4 orders
- −$404.11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$457.89
- Costs to cover
- 4.201%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; Bybit: live order book, 2 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 Extended live order book, 56 min ago | 7.75 bp | 113.7 bp −$114 | 829.5 bp −$8,295 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.70 bp | 99.9 bp −$100 | 739.4 bp −$7,394 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate FHE_USDT | +0.0100% | 8h | 0.02238 | −0.198% | $620K | $78K | 10x | as long as short |
| Bybit FHEUSDTshort | +0.0412% | 4h | 0.02240 | −0.109% | $1.6M | $476K | 13x | |
| Aster FHEUSDT | +0.0446% | 4h | 0.02242 | −0.023% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0606% | 4h | 0.02241 | −0.064% | — | $6.5M | — | as long as short |
| Extended FHE-USDlong | +0.0608% | 1h | 0.02242 | long leg | $2K | $100K | 5x | |
| Binance FHEUSDT | +0.0610% | 4h | 0.02243 | +0.025% | $3.0M | $1.5M | 10x | as long as short |
| MEXC FHE_USDT | +0.0618% | 4h | 0.02243 | +0.025% | $856K | $299K | 50x | as long as short |
| KuCoin FHEUSDTM | +0.1378% | 4h | 0.02242 | −0.019% | $643K | $9.9M | 10x | as long as short |
Gate FHE_USDT
Aster FHEUSDT
BingX FHE-USDT
Binance FHEUSDT
MEXC FHE_USDT
KuCoin FHEUSDTM