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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0296%/8h= −32.4% APRnext payment $0.37 per $10,000 · paid last 24h −2.423%
Price spread now: 01 Exchange against Extended+0.092%56s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.092% dearer against Extended than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.039160.0104pay 0.0013% / 1h53m 41s$221K$883K10x
Short01 Exchange SUSD0.03920−0.0192pay 0.0024% / 1h53m 41s$24K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$62.16
Price spread: +0.092% → 0.000%
$9.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$64.92
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 29 min ago; 01 Exchange: no order-book sample. 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, 29 min ago3.83 bp31.2 bp −$31249.9 bp −$2,499doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUSD−0.1596%1h0.03917+0.007%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−2.308%$47K$5K25xas long as short
Variational Omni S−0.0793%4h0.03918+0.046%$609K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0193% / S +0.0187%1h0.03924+0.197%$1K100xas long as short
01 Exchange SUSDshort−0.0192%1h0.03920+0.092%$24K$3K5x
Reya SRUSDPERP−0.0101%1h0.03920+0.085%$415xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h0.03922+0.143%$66K$10K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03925+0.229%$605150xas long as short
Orderly PERP_S_USDC+0.0020%4h0.03920+0.092%$100K$349K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.688%$2K$37K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SUSDT+0.0038%4h0.03919+0.069%$43K$212K10xas long as short
Hyperliquid S+0.0070%1h0.03919+0.057%$984K$787K5xas long as short
Lighter S+0.0096%1h0.03923+0.169%$164K$222K5xas long as short
Binance SUSDT+0.0100%4h0.03917+0.016%$5.3M$22.1M75xas long as short
Bybit SUSDT+0.0100%4h0.03911−0.137%$5.6M$6.2M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03916−0.010%$977K$6.9M20xas long as short
Gate S_USDT+0.0100%4h0.03912−0.112%$320K$265K50xas long as short
MEXC S_USDT+0.0100%4h0.03919+0.067%$3.6M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03917+0.016%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03918+0.041%$1.2M$2.8M50xas long as short
BingX S-USDT+0.0100%4h0.03917+0.016%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03920+0.092%$23K$469K50xas long as short
Extended S-USDlong+0.0104%1h0.03916long leg$221K$883K10x
BloFin S-USDT+0.0340%4h0.03918+0.041%$268K$132K75xas long as short
Backpack S_USDC_PERP+0.0363%1h0.03920+0.092%$114K$298K5xas long as short