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

PLAY

all PLAY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.005%
Price spread now: Extended against Binance−0.049%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2572.567% 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)−0.015%−$1 · spread now −0.049%, 7d avg −0.006%
Together, before fees−0.020%+ Points / potential airdropExtended: Active · farm board−$2 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 0.042% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PLAYUSDT0.028680.0100pay 0.0050% / 4h1h 42m$4.6M$10.7M10x
ShortExtended PLAY-USD0.028670.0104get 0.0013% / 1h42m 59s$2K$121K5x

Funding 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 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: −0.049% → −0.006%
−$4.22
Slippage, 4 orders
−$241.74
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$260.13
Costs to cover
2.567%
Break-even
2174.7 days
Slippage from Binance: live order book, 12 min ago; Extended: live order book, 18 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 Binance live order book, 12 min ago1.75 bp54.8 bp −$55368.7 bp −$3,687doesn't fitdoesn't fit
Sell Extended live order book, 18 min ago8.36 bp82.2 bp −$82doesn't fitdoesn't fitdoesn't fit

PLAY on 5 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 PLAYUSDT−0.0139%4h0.02860−0.288%$1.8M$1.1M5xas long as short
Binance PLAYUSDTlong+0.0100%4h0.02868long leg$4.6M$10.7M10x
MEXC PLAY_USDT+0.0100%4h0.02866−0.070%$7.9M$615K20xas long as short
Extended PLAY-USDshort+0.0104%1h0.02867−0.049%$2K$121K5x
Gate PLAY_USDT+0.0452%4h0.02872+0.139%$498K$518K10xas long as short