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

IO

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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: Extended against Bitget−0.084%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1971.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.084%, 7d avg −0.086%
Together, before fees−0.130%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IOUSDT0.15170.0100pay 0.0050% / 4h2h 10m$1.3M$1.2M50x
ShortExtended IO-USD0.15160.0104get 0.0013% / 1h10m 24s$3K$132K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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: −0.084% → −0.086%
$0.24
Slippage, 4 orders
−$179.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$195.9
Costs to cover
1.970%
Break-even
1639.5 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 55 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 Bitget live order book, 1 min ago3.29 bp31.0 bp −$31220.1 bp −$2,201doesn't fitdoesn't fit
Sell Extended live order book, 55 min ago6.57 bp73.8 bp −$74doesn't fitdoesn't fitdoesn't fit

IO on 13 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
Hyperliquid IO+0.0100%1h0.1516−0.059%$1.0M$386K3xas long as short
Aster IOUSDT+0.0100%4h0.1518+0.042%$6K$32K5xas long as short
Binance IOUSDT+0.0100%4h0.1517−0.031%$3.0M$6.6M50xas long as short
Bybit IOUSDT+0.0100%4h0.1515−0.145%$1.1M$913K25xas long as short
Gate IO_USDT+0.0100%4h0.1516−0.086%$234K$561K50xas long as short
MEXC IO_USDT+0.0100%4h0.1516−0.066%$1.2M$231K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.15170.000%$355K$679K50xas long as short
Bitget IOUSDTlong+0.0100%4h0.1517long leg$1.3M$1.2M50x
BingX IO-USDT+0.0100%4h0.1516−0.066%$1.3Mas long as short
Variational Omni IO+0.0100%4h0.1516−0.083%$33K$13Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended IO-USDshort+0.0104%1h0.1516−0.084%$3K$132K5x
Injective IO/USDC PERP+0.1587%1h0.15170.000%$2K$2025.5xas long as short
Kraken Futures PF_IOUSD+2.1590%1h0.1517−0.018%$39K$18K10xas long as short