Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.035%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1941.945% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.035%, 7d avg −0.029%
=Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUSDT | 0.06990 | 0.0100 | pay 0.0050% / 4h | 30m 35s | $15.0M | $10.5M | 10x |
| Short | Extended H-USD | 0.06987 | 0.0104 | get 0.0013% / 1h | 30m 35s | $11K | $107K | 5x |
Binance HUSDT
Extended H-USDFunding 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 itlatest
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: −0.035% → −0.029%
- −$0.6
- Slippage, 4 orders
- −$179.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$194.22
- Costs to cover
- 1.945%
- Break-even
- 1625.5 days
Slippage from Binance: live order book, 10 min ago; Extended: live order book, 45 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 Binance live order book, 10 min ago | 1.43 bp | 43.9 bp −$44 | 305.8 bp −$3,058 | doesn't fit | doesn't fit |
| Sell Extended live order book, 45 min ago | 2.17 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
H on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective H/USDC PERP | +0.0033% | 1h | 0.06250 | −10.583% | $1K | $1 | 5.5x | as long as short |
| BloFin H-USDT | +0.0046% | 4h | 0.07001 | +0.161% | $592K | $117K | 25x | as long as short |
| Aster HUSDT | +0.0100% | 4h | 0.06993 | +0.053% | $116K | $53K | 5x | as long as short |
| Binance HUSDTlong | +0.0100% | 4h | 0.06990 | long leg | $15.0M | $10.5M | 10x | |
| Bybit HUSDT | +0.0100% | 4h | 0.06979 | −0.155% | $7.6M | $4.6M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06991 | +0.018% | $1.7M | $5.9M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06983 | −0.097% | $2.9M | $1.9M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06988 | −0.025% | $6.3M | $1.1M | 20x | as long as short |
| KuCoin HUSDTM | +0.0100% | 4h | 0.06983 | −0.097% | $1.6M | $10.0M | 8x | as long as short |
| Bitget HUSDT | +0.0100% | 4h | 0.06978 | −0.168% | $1.7M | $450K | 4x | as long as short |
Injective H/USDC PERP
BloFin H-USDT
Aster HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
KuCoin HUSDTM
Bitget HUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX H-USDT | +0.0100% | 4h | 0.06989 | −0.011% | — | $2.7M | — | as long as short |
| Variational Omni H | +0.0100% | 4h | 0.06976 | −0.194% | $8K | $10K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.07003 | +0.194% | $1.2M | $438K | 10x | as long as short |
| Extended H-USDshort | +0.0104% | 1h | 0.06987 | −0.035% | $11K | $107K | 5x |
BingX H-USDT
Variational Omni H
GRVT H_USDT_Perp