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 04:00 UTC−0.0688%/8h= −75.3% APRpaid last 24h −0.056%
Price spread now: Extended against Gate−0.190%7-day average −0.144% · you buy dearer than you sell
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−0.557%−$56 on $10k
Price spread, last 4 days (all we have)−0.233%−$23 · spread now −0.190%, 7d avg −0.144%
Together, before fees−0.790%+ Points / potential airdropExtended: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Extended is 0.046% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.144%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PLAY_USDT0.027900.0800pay 0.0400% / 4h5m 08s$485K$539K10x
ShortExtended PLAY-USD0.027850.0112get 0.0014% / 1h5m 08s$4K$121K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
−$144.48
Price spread: −0.190% → −0.144%
−$4.6
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$169.08
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 51 min ago; Extended: live order book, 50 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 Gate live order book, 51 min ago7.06 bp229.2 bp −$229doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 50 min ago6.92 bp86.9 bp −$87doesn'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%4h0.02782−0.294%$1.8M$1.0M5xas long as short
MEXC PLAY_USDT+0.0108%4h0.02786−0.143%$7.7M$612K20xas long as short
Extended PLAY-USDshort+0.0112%1h0.02785−0.190%$4K$121K5x
Binance PLAYUSDT+0.0115%4h0.02787−0.117%$4.4M$10.5M10xas long as short
Gate PLAY_USDTlong+0.0800%4h0.02790long leg$485K$539K10x