Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.014%
Price spread now: Extended against Binance−0.028%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2982.984% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.028%, 7d avg −0.031%
=Together, before fees−0.007%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QUSDT | 0.02577 | 0.0590 | pay 0.0295% / 4h | 30m 02s | $7.1M | $1.3M | 20x |
| Short | Extended Q-USD | 0.02576 | 0.0592 | get 0.0074% / 1h | 30m 02s | $8K | $160K | 5x |
Binance QUSDT
Extended Q-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.32
- Price spread: −0.028% → −0.031%
- $0.28
- Slippage, 4 orders
- −$283.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$297.8
- Costs to cover
- 2.984%
- Break-even
- 6624.8 days
Slippage from Binance: live order book, 9 min ago; Extended: live order book, 26 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 Binance live order book, 9 min ago | 2.14 bp | 43.5 bp −$44 | 445.1 bp −$4,451 | doesn't fit | doesn't fit |
| Sell Extended live order book, 26 min ago | 11.47 bp | 98.6 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02575 | −0.089% | $1.2M | $289K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02569 | −0.295% | $682K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02570 | −0.283% | $2.3M | $134K | 20x | as long as short |
| BloFin Q-USDT | +0.0572% | 4h | 0.02578 | +0.023% | $385K | $72K | 40x | as long as short |
| MEXC Q_USDT | +0.0590% | 4h | 0.02577 | −0.004% | $122K | $88K | 50x | as long as short |
| Binance QUSDTlong | +0.0590% | 4h | 0.02577 | long leg | $7.1M | $1.3M | 20x | |
| Extended Q-USDshort | +0.0592% | 1h | 0.02576 | −0.028% | $8K | $160K | 5x | |
| Aster QUSDT | +0.0734% | 4h | 0.02569 | −0.304% | $59K | $47K | 5x | as long as short |
| BingX Q-USDT | +0.0832% | 4h | 0.02579 | +0.066% | — | $1.3M | — | as long as short |
| Variational Omni Q | +0.0908% | 4h | 0.02575 | −0.099% | $620 | $2K | — | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
BloFin Q-USDT
MEXC Q_USDT
Aster QUSDT
BingX Q-USDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.0935% | 4h | 0.02575 | −0.081% | $1.6M | $384K | 13x | as long as short |
Bybit QUSDT