Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.312%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$596as in the Funding arb table
Net, price: spread back to 7d avg − costs−$617as in the Price arb table
costs, in and out, $10k−$5975.966% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.448%+$45 · spread now −0.312%, 7d avg −0.104%
=Together, before fees+0.457%+ Points / potential airdropExtended: Active · farm board+$46 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 0.208% cheaper against KuCoin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPENUSDTM | 0.1445 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $2.4M | $55K | 30x |
| Short | Extended OPEN-USD | 0.1440 | 0.0104 | get 0.0013% / 1h | 21m 59s | $2K | $190K | 5x |
KuCoin OPENUSDTM
Extended OPEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: −0.312% → −0.104%
- −$20.81
- Slippage, 4 orders
- −$579.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$616.54
- Costs to cover
- 5.966%
- Break-even
- 5144.8 days
Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 24 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 KuCoin live order book, 5 min ago | 20.79 bp | 228.4 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 24 min ago | 4.86 bp | 39.2 bp −$39 | 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 | 0.1441 | −0.235% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1442 | −0.194% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDT | +0.0100% | 8h | 0.1443 | −0.125% | $824K | $201K | 75x | as long as short |
| KuCoin OPENUSDTMlong | +0.0100% | 4h | 0.1445 | long leg | $2.4M | $55K | 30x | |
| Bitget OPENUSDT | +0.0100% | 4h | 0.1445 | +0.014% | $2.2M | $161K | 20x | as long as short |
| Extended OPEN-USDshort | +0.0104% | 1h | 0.1440 | −0.312% | $2K | $190K | 5x | |
| BloFin OPEN-USDT | +0.0135% | 4h | 0.1443 | −0.125% | $676K | $12K | 75x | as long as short |
| Bybit OPENUSDT | +0.0528% | 4h | 0.1444 | −0.069% | $1.5M | $738K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0961% | 1h | 0.1442 | −0.187% | $14K | $55K | 10x | as long as short |
Aster OPENUSDT
Binance OPENUSDT
Gate OPEN_USDT
Bitget OPENUSDT
BloFin OPEN-USDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD