Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.022%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.289% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.022%, 7d avg −0.022%
=Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STABLEUSDT | 0.02439 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $2.5M | $2.8M | 75x |
| Short | Extended STABLE-USD | 0.02438 | 0.0104 | get 0.0013% / 1h | 43m 18s | $12K | $232K | 10x |
Funding 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
- $0.84
- Price spread: −0.022% → −0.022%
- −$0.05
- Slippage, 4 orders
- −$113.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$128.11
- Costs to cover
- 1.289%
- Break-even
- 1074.6 days
Slippage from Binance: live order book, 7 min ago; Extended: live order book, 3 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, 7 min ago | 2.05 bp | 20.1 bp −$20 | 86.6 bp −$866 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 3.69 bp | 38.4 bp −$38 | 276.5 bp −$2,765 | doesn't fit | doesn't fit |
STABLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STABLE | +0.0096% | 1h | 0.02454 | +0.612% | $113K | $6K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02439 | −0.004% | $856K | $180K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02441 | +0.117% | $18K | $10K | 20x | as long as short |
| Binance STABLEUSDTlong | +0.0100% | 4h | 0.02439 | long leg | $2.5M | $2.8M | 75x | |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02441 | +0.103% | $1.5M | $775K | 25x | as long as short |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02438 | −0.024% | $207K | $419K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02439 | +0.017% | $174K | $59K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02439 | +0.017% | $584K | $160K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02447 | +0.345% | $178K | $28K | 30x | as long as short |
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02441 | +0.099% | $281K | $93K | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STABLE-USDT | +0.0100% | 4h | 0.02441 | +0.099% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02446 | +0.286% | $143K | $8K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02438 | −0.020% | $1K | $909K | 20x | as long as short |
| Extended STABLE-USDshort | +0.0104% | 1h | 0.02438 | −0.022% | $12K | $232K | 10x | |
| BloFin STABLE-USDT | +0.0154% | 4h | 0.02441 | +0.099% | $114K | $7K | 75x | as long as short |
Binance STABLEUSDT
Extended STABLE-USD
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Bybit STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
BloFin STABLE-USDT