Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.034%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1801.799% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.034%, 7d avg +0.034%
=Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPEN-USD | 0.1444 | 0.0104 | pay 0.0013% / 1h | 8m 09s | $2K | $177K | 5x |
| Short | Binance OPENUSDT | 0.1444 | 0.0100 | get 0.0050% / 4h | 1h 08m | $7.2M | $2.5M | 75x |
Extended OPEN-USD
Binance OPENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.034% → +0.034%
- $0
- Slippage, 4 orders
- −$164.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$180.73
- Costs to cover
- 1.799%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; Binance: live order book, 16 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, 33 min ago | 5.19 bp | 65.5 bp −$66 | 468.9 bp −$4,689 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 3.46 bp | 38.5 bp −$39 | 162.9 bp −$1,629 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPEN-USDT | +0.0059% | 4h | 0.1446 | +0.173% | $676K | $12K | 75x | as long as short |
| Aster OPENUSDT | +0.0100% | 4h | 0.1446 | +0.163% | $253K | $2K | 5x | as long as short |
| Binance OPENUSDTshort | +0.0100% | 4h | 0.1444 | +0.034% | $7.2M | $2.5M | 75x | |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1445 | +0.103% | $826K | $186K | 75x | as long as short |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1446 | +0.138% | $2.4M | $54K | 30x | as long as short |
| Extended OPEN-USDlong | +0.0104% | 1h | 0.1444 | long leg | $2K | $177K | 5x | |
| Bitget OPENUSDT | +0.0162% | 4h | 0.1445 | +0.103% | $2.2M | $153K | 20x | as long as short |
| Bybit OPENUSDT | +0.0754% | 4h | 0.1446 | +0.193% | $1.5M | $738K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0773% | 1h | 0.1445 | +0.134% | $14K | $55K | 10x | as long as short |
BloFin OPEN-USDT
Aster OPENUSDT
Gate OPEN_USDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD