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−0.007%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2222.222% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.007%, 7d avg +0.030%
=Together, before fees+0.019%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.038% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended H-USD | 0.06810 | 0.0104 | pay 0.0013% / 1h | 7m 51s | $9K | $102K | 5x |
| Short | Binance HUSDT | 0.06809 | 0.0100 | get 0.0050% / 4h | 2h 07m | $14.6M | $10.9M | 10x |
Extended H-USD
Binance HUSDTFunding 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 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: −0.007% → +0.030%
- −$3.76
- Slippage, 4 orders
- −$207.24
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$226.83
- Costs to cover
- 2.222%
- Break-even
- never at this rate
Slippage from Extended: live order book, 45 min ago; Binance: live order book, 3 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, 45 min ago | 2.19 bp | 75.2 bp −$75 | 538.3 bp −$5,383 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.47 bp | 26.4 bp −$26 | 118.2 bp −$1,182 | doesn't fit | doesn't fit |
H on 13 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 | −8.216% | $1K | $1 | 5.5x | as long as short |
| Aster HUSDT | +0.0100% | 4h | 0.06814 | +0.073% | $112K | $55K | 5x | as long as short |
| Binance HUSDTshort | +0.0100% | 4h | 0.06809 | −0.007% | $14.6M | $10.9M | 10x | |
| Bybit HUSDT | +0.0100% | 4h | 0.06797 | −0.176% | $7.4M | $4.7M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06817 | +0.110% | $1.8M | $6.0M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06800 | −0.140% | $2.8M | $1.9M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06810 | +0.007% | $6.1M | $1.1M | 20x | as long as short |
| KuCoin HUSDTM | +0.0100% | 4h | 0.06805 | −0.066% | $1.6M | $10.0M | 8x | as long as short |
| Bitget HUSDT | +0.0100% | 4h | 0.06786 | −0.345% | $1.7M | $453K | 4x | as long as short |
| BingX H-USDT | +0.0100% | 4h | 0.06815 | +0.081% | — | $2.7M | — | as long as short |
Injective H/USDC PERP
Aster HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
KuCoin HUSDTM
Bitget HUSDT
BingX H-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni H | +0.0100% | 4h | 0.06816 | +0.093% | $8K | $9K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.06836 | +0.389% | $1.1M | $437K | 10x | as long as short |
| Extended H-USDlong | +0.0104% | 1h | 0.06810 | long leg | $9K | $102K | 5x |
Variational Omni H
GRVT H_USDT_Perp