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

GTC

all GTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.026%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2202.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.026%, 7d avg −0.029%
Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GTCUSDT0.087620.0100pay 0.0100% / 8h5h 41m$1.4M$961K10x
ShortExtended GTC-USD0.087600.0104get 0.0013% / 1h41m 27s$2K$142K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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% → −0.029%
$0.29
Slippage, 4 orders
−$204.82
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$218.69
Costs to cover
2.198%
Break-even
1829.4 days
Slippage from Binance: live order book, 6 min ago; Extended: live order book, 19 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 Binance live order book, 6 min ago2.86 bp37.1 bp −$37655.9 bp −$6,559doesn't fitdoesn't fit
Sell Extended live order book, 19 min ago9.13 bp65.9 bp −$66doesn't fitdoesn't fitdoesn't fit

GTC on 4 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
Aster GTCUSDT+0.0100%8h0.09405+7.333%$3K$4805xas long as short
Binance GTCUSDTlong+0.0100%8h0.08762long leg$1.4M$961K10x
KuCoin GTCUSDTM+0.0100%8h0.08750−0.137%$204K$25K10xas long as short
Extended GTC-USDshort+0.0104%1h0.08760−0.026%$2K$142K5x