Funding you earn now, next payment 09:00 UTC−2.3229%/8h= −2543.6% APRnext payment −$29.04 per $10,000 · paid last 24h −6.969%
Price spread now: Extended against Reya−0.968%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$697 a day on $10k at the current rate, and Extended is 0.968% cheaper against Reya than usual: you would sell low and buy high (−$97 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya MKRRUSDPERP | 1,680.2 | 2.3333 | pay 0.2917% / 1h | 7m 57s | $17 | — | — |
| Short | Extended MKR-USD | 1,663.9 | 0.0104 | get 0.0013% / 1h | 7m 57s | $12 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Reya. 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
- −$4,878.16
- Price spread: −0.968% → 0.000%
- −$96.8
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$4,985.96
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Extended: no order-book sample. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Reya and Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MKR on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended MKR-USDshort | +0.0104% | 1h | 1,663.9 | −0.968% | $12 | — | 10x | |
| Reya MKRRUSDPERPlong | +2.3333% | 1h | 1,680.2 | long leg | $17 | — | — |
Extended MKR-USD