S

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.069%

Price spread now: Extended against Deribit−0.155%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.155% cheaper against Deribit than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 5.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit S_USDC-PERPETUAL	0.03933	0.0004	pay 0.0001% / 1h	51m 35s	$66K	$10K	10x
Short	Extended S-USD	0.03927	0.0104	get 0.0013% / 1h	51m 35s	$221K	$883K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee ExtendedbpOrdersPrice spread, now −0.155%Rate

Funding earned: $20.93
Price spread: −0.155% → 0.000%: −$15.49
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$6.56
Costs to cover: 0.120%
Break-even: 9.2 days

Slippage unknown: Deribit: no order-book sample; Extended: live order book, 36 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell Extended live order book, 36 min ago	3.79 bp	38.7 bp −$39	271.4 bp −$2,714	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

S on 25 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
Kraken Futures PF_SUSD	−0.1453%	1h	0.03927	−0.162%	$33K	$33K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1264%	1h	0.03826	−2.721%	$47K	$5K	25x	as long as short
Variational Omni S	−0.1189%	4h	0.03947	+0.355%	$614K	$42K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0173% / S +0.0169%	1h	0.03931	−0.051%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03926	−0.176%	$4	—	15x	as long as short
01 Exchange SUSD	−0.0080%	1h	0.03920	−0.331%	$24K	$3K	5x	as long as short
Aster SUSDT	−0.0041%	4h	0.03932	−0.024%	$43K	$212K	10x	as long as short
Orderly PERP_S_USDC	−0.0019%	4h	0.03928	−0.127%	$101K	$340K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03931	−0.054%	$606	—	150x	as long as short
Deribit S_USDC-PERPETUALlong	+0.0004%	1h	0.03933	long leg	$66K	$10K	10x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	0.04100	+4.246%	$2K	$37K	12x	as long as short
OKX S-USDT-SWAP	+0.0071%	4h	0.03928	−0.127%	$977K	$7.9M	20x	as long as short
Hyperliquid S	+0.0077%	1h	0.03928	−0.122%	$991K	$928K	5x	as long as short
Lighter S	+0.0096%	1h	0.03932	−0.025%	$165K	$240K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03928	−0.123%	$5.4M	$25.3M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03922	−0.280%	$5.6M	$6.7M	50x	as long as short
Gate S_USDT	+0.0100%	4h	0.03928	−0.127%	$321K	$291K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03929	−0.102%	$3.5M	$2.5M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03926	−0.178%	$1.8M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03928	−0.127%	$1.2M	$3.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03924	−0.229%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03960	+0.686%	$24K	$475K	50x	as long as short
Extended S-USDshort	+0.0104%	1h	0.03927	−0.155%	$221K	$883K	10x
Backpack S_USDC_PERP	+0.0171%	1h	0.03940	+0.178%	$115K	$287K	5x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03925	−0.203%	$273K	$180K	75x	as long as short