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

OPEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.213%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1731.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.213%, 7d avg −0.107%
Together, before fees+0.266%+ Points / potential airdropExtended: Active · farm board+$27 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 0.106% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OPENUSDT0.14450.0100pay 0.0050% / 4h2h 32m$2.2M$161K20x
ShortExtended OPEN-USD0.14420.0104get 0.0013% / 1h32m 29s$2K$190K5x

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: −0.213% → −0.107%
−$10.55
Slippage, 4 orders
−$155.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$182.52
Costs to cover
1.728%
Break-even
1528.0 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 14 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, 5 min ago6.92 bp28.8 bp −$29299.9 bp −$2,999doesn't fitdoesn't fit
Sell Extended live order book, 14 min ago4.86 bp39.2 bp −$39doesn't fitdoesn't fitdoesn't fit

OPEN on 9 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
Aster OPENUSDT+0.0100%4h0.1443−0.162%$252K$4K5xas long as short
Binance OPENUSDT+0.0100%4h0.1442−0.208%$7.1M$2.5M75xas long as short
Gate OPEN_USDT+0.0100%8h0.1442−0.208%$823K$201K75xas long as short
KuCoin OPENUSDTM+0.0100%4h0.1441−0.284%$2.4M$55K30xas long as short
Bitget OPENUSDTlong+0.0100%4h0.1445long leg$2.2M$161K20x
Extended OPEN-USDshort+0.0104%1h0.1442−0.213%$2K$190K5x
BloFin OPEN-USDT+0.0122%4h0.1440−0.346%$672K$12K75xas long as short
Bybit OPENUSDT+0.0426%4h0.1444−0.090%$1.5M$741K25xas long as short
Kraken Futures PF_OPENUSD+0.0960%1h0.1444−0.090%$14K$55K10xas long as short