Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.056%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3273.268% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.056%, 7d avg −0.039%
=Together, before fees+0.015%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IO-USD | 0.1509 | 0.0104 | pay 0.0013% / 1h | 55m 46s | $5K | $171K | 5x |
| Short | Bybit IOUSDT | 0.1508 | 0.0100 | get 0.0050% / 4h | 1h 55m | $1.1M | $867K | 25x |
Extended IO-USD
Bybit IOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.056% → −0.039%
- −$1.74
- Slippage, 4 orders
- −$310.75
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$329.33
- Costs to cover
- 3.268%
- Break-even
- never at this rate
Slippage from Extended: live order book, 25 min ago; Bybit: live order book, 5 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, 25 min ago | 5.28 bp | 46.3 bp −$46 | 468.8 bp −$4,688 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.32 bp | 90.5 bp −$90 | 342.8 bp −$3,428 | doesn't fit | doesn't fit |
IO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOUSD | −0.0641% | 1h | 0.1512 | +0.177% | $39K | $21K | 10x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1509 | +0.016% | $1.0M | $389K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1510 | +0.045% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1509 | +0.010% | $3.0M | $6.4M | 50x | as long as short |
| Bybit IOUSDTshort | +0.0100% | 4h | 0.1508 | −0.056% | $1.1M | $867K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1509 | +0.016% | $231K | $525K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1508 | −0.056% | $1.1M | $226K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1508 | −0.056% | $401K | $655K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1510 | +0.076% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1507 | −0.123% | — | $1.3M | — | as long as short |
Kraken Futures PF_IOUSD
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1505 | −0.259% | $30K | $5K | — | as long as short |
| Extended IO-USDlong | +0.0104% | 1h | 0.1509 | long leg | $5K | $171K | 5x | |
| BloFin IO-USDT | +0.0143% | 4h | 0.1504 | −0.322% | $192K | $30K | 50x | as long as short |
| Injective IO/USDC PERP | +0.0163% | 1h | 0.1516 | +0.474% | $2K | $99 | 5.5x | as long as short |
Variational Omni IO
BloFin IO-USDT
Injective IO/USDC PERP