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

H

all H markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Extended against OKX−0.034%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1901.900% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.034%, 7d avg −0.014%
Together, before fees+0.283%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX H-USDT-SWAP0.069280.0100pay 0.0050% / 4h1h 22m$1.7M$5.8M10x
ShortExtended H-USD0.069260.0104get 0.0013% / 1h22m 01s$11K$107K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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: −0.034% → −0.014%
−$1.97
Slippage, 4 orders
−$174.98
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$191.11
Costs to cover
1.900%
Break-even
1599.6 days
Slippage from OKX: live order book, 1 min ago; Extended: live order book, 58 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 OKX live order book, 1 min ago1.44 bp20.2 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 58 min ago2.13 bp62.9 bp −$63doesn't fitdoesn't fitdoesn't fit

H on 14 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
Injective H/USDC PERP+0.0033%1h0.06250−9.786%$1K$15.5xas long as short
BloFin H-USDT+0.0089%4h0.06923−0.072%$586K$115K25xas long as short
Aster HUSDT+0.0100%4h0.06921−0.101%$114K$53K5xas long as short
Binance HUSDT+0.0100%4h0.06924−0.058%$14.9M$10.6M10xas long as short
Bybit HUSDT+0.0100%4h0.06916−0.175%$7.6M$4.6M13xas long as short
OKX H-USDT-SWAPlong+0.0100%4h0.06928long leg$1.7M$5.8M10x
Gate H_USDT+0.0100%4h0.06918−0.144%$2.8M$1.9M10xas long as short
MEXC H_USDT+0.0100%4h0.06927−0.014%$6.2M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.06918−0.144%$1.6M$10.1M8xas long as short
Bitget HUSDT+0.0100%4h0.06918−0.144%$1.7M$455K4xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX H-USDT+0.0100%4h0.06925−0.043%$2.7Mas long as short
Variational Omni H+0.0100%4h0.06904−0.352%$8K$10Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06915−0.187%$1.1M$437K10xas long as short
Extended H-USDshort+0.0104%1h0.06926−0.034%$11K$107K5x