Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.098%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1811.810% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.098%, 7d avg −0.034%
=Together, before fees+0.054%+ Points / potential airdropExtended: Active · farm board+$5 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: Extended is 0.064% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OPENUSDT | 0.1439 | 0.0100 | pay 0.0050% / 4h | 4m 36s | $7.1M | $2.5M | 75x |
| Short | Extended OPEN-USD | 0.1438 | 0.0104 | get 0.0013% / 1h | 4m 36s | $3K | $112K | 5x |
Binance OPENUSDT
Extended OPEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: −0.098% → −0.034%
- −$6.42
- Slippage, 4 orders
- −$166
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$186.58
- Costs to cover
- 1.810%
- Break-even
- 1561.8 days
Slippage from Binance: live order book, 4 min ago; Extended: live order book, 51 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 Binance live order book, 4 min ago | 3.47 bp | 32.6 bp −$33 | 254.9 bp −$2,549 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 6.24 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
OPEN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPENUSDT | +0.0100% | 4h | 0.1439 | +0.019% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDTlong | +0.0100% | 4h | 0.1439 | long leg | $7.1M | $2.5M | 75x | |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1440 | +0.069% | $827K | $199K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1441 | +0.118% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1439 | 0.000% | $2.2M | $180K | 20x | as long as short |
| Extended OPEN-USDshort | +0.0104% | 1h | 0.1438 | −0.098% | $3K | $112K | 5x | |
| BloFin OPEN-USDT | +0.0143% | 4h | 0.1439 | 0.000% | $674K | $12K | 75x | as long as short |
| Bybit OPENUSDT | +0.0398% | 4h | 0.1440 | +0.097% | $1.5M | $735K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0978% | 1h | 0.1438 | −0.035% | $14K | $55K | 10x | as long as short |
Aster OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
BloFin OPEN-USDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD