Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.097%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3623.624% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.946%−$95 · spread now −0.097%, 7d avg −0.020%
=Together, before fees−0.934%+ Points / potential airdropExtended: Active · farm board−$93 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: Gate is 0.077% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended OPEN-USD | 0.1443 | 0.0104 | pay 0.0013% / 1h | 56m 33s | $2K | $109K | 5x |
| Short | Gate OPEN_USDT | 0.1442 | 0.0100 | get 0.0100% / 8h | 4h 56m | $827K | $196K | 75x |
Extended OPEN-USD
Gate OPEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.097% → −0.020%
- −$7.67
- Slippage, 4 orders
- −$342.43
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$370.95
- Costs to cover
- 3.624%
- Break-even
- never at this rate
Slippage from Extended: live order book, 64 min ago; Gate: live order book, 65 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, 64 min ago | 5.20 bp | 68.9 bp −$69 | 475.8 bp −$4,758 | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 6.93 bp | 121.5 bp −$122 | 789.3 bp −$7,893 | 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 | +0.0040% | 4h | 0.1437 | −0.443% | $675K | $12K | 75x | as long as short |
| Aster OPENUSDT | +0.0100% | 4h | 0.1442 | −0.128% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1444 | +0.042% | $7.2M | $2.5M | 75x | as long as short |
| Gate OPEN_USDTshort | +0.0100% | 8h | 0.1442 | −0.097% | $827K | $196K | 75x | |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1445 | +0.132% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1445 | +0.111% | $2.2M | $181K | 20x | as long as short |
| Extended OPEN-USDlong | +0.0104% | 1h | 0.1443 | long leg | $2K | $109K | 5x | |
| Bybit OPENUSDT | +0.0938% | 4h | 0.1446 | +0.180% | $1.5M | $690K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0975% | 1h | 0.1443 | −0.036% | $14K | $55K | 10x | as long as short |
BloFin OPEN-USDT
Aster OPENUSDT
Binance OPENUSDT
KuCoin OPENUSDTM
Bitget OPENUSDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD