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

GTC

all GTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.030%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1891.890% 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)+0.038%+$4 · spread now +0.030%, 7d avg +0.029%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GTC-USD0.087650.0104pay 0.0013% / 1h5m 51s$1K$143K5x
ShortBinance GTCUSDT0.087680.0100get 0.0100% / 8h6h 05m$1.4M$965K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.030% → +0.029%
$0.17
Slippage, 4 orders
−$173.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$189.65
Costs to cover
1.890%
Break-even
never at this rate
Slippage from Extended: live order book, 60 min ago; Binance: live order book, 12 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, 60 min ago7.68 bp59.3 bp −$59437.7 bp −$4,377doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago2.85 bp39.1 bp −$39466.6 bp −$4,666doesn'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%8h0.09332+6.467%$3K$4805xas long as short
Binance GTCUSDTshort+0.0100%8h0.08768+0.030%$1.4M$965K10x
Extended GTC-USDlong+0.0104%1h0.08765long leg$1K$143K5x
KuCoin GTCUSDTM+0.0157%8h0.08770+0.058%$205K$25K10xas long as short