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 06:00 UTC+0.1084%/8h= +118.7% APRpaid last 24h +0.088%
Price spread now: Gate against Extended+0.239%7-day average +0.146% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.594%+$59 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.239%, 7d avg +0.146%
Together, before fees+0.657%+ Points / potential airdropExtended: Active · farm board+$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Gate is 0.093% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.146%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.594% in total (about 31.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PLAY-USD0.028060.0552pay 0.0069% / 1h43m 51s$6K$203K5x
ShortGate PLAY_USDT0.028130.1636get 0.0818% / 4h2h 43m$483K$563K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$227.64
Price spread: +0.239% → +0.146%
$9.26
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$216.9
Costs to cover
0.200%
Break-even
0.3 days
Slippage unknown: Extended: live order book, 2 min ago; Gate: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago6.04 bp88.7 bp −$89684.5 bp −$6,845doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago7.10 bpdoesn't fitdoesn'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+0.0100%4h0.02806−0.022%$1.8M$1.0M5xas long as short
MEXC PLAY_USDT+0.0548%4h0.02807+0.025%$7.8M$574K20xas long as short
Binance PLAYUSDT+0.0549%4h0.02808+0.061%$4.5M$10.3M10xas long as short
Extended PLAY-USDlong+0.0552%1h0.02806long leg$6K$203K5x
Gate PLAY_USDTshort+0.1636%4h0.02813+0.239%$483K$563K10x