Funding you earn now, next payment 06:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.021%
Price spread now: Extended against Binance−0.075%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$2952.949% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.075%, 7d avg −0.032%
=Together, before fees−0.039%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SWARMSUSDT | 0.008272 | 0.0849 | pay 0.0424% / 4h | 2h 21m | $3.6M | $3.4M | 20x |
| Short | Extended SWARMS-USD | 0.008266 | 0.0848 | get 0.0106% / 1h | 21m 54s | $7K | $213K | 5x |
Binance SWARMSUSDT
Extended SWARMS-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
- −$0.14
- Price spread: −0.075% → −0.032%
- −$4.32
- Slippage, 4 orders
- −$279.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$299.33
- Costs to cover
- 2.949%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 25 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, 14 min ago | 1.81 bp | 49.3 bp −$49 | 346.6 bp −$3,466 | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 7.21 bp | 70.6 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
SWARMS on 9 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 SWARMS_USDT | +0.0100% | 4h | 0.008220 | −0.632% | $945K | $108K | 10x | as long as short |
| BloFin SWARMS-USDT | +0.0841% | 4h | 0.008218 | −0.656% | $230K | $7K | 20x | as long as short |
| BingX SWARMS-USDT | +0.0842% | 4h | 0.008270 | −0.027% | — | $6.5M | — | as long as short |
| Extended SWARMS-USDshort | +0.0848% | 1h | 0.008266 | −0.075% | $7K | $213K | 5x | |
| Binance SWARMSUSDTlong | +0.0849% | 4h | 0.008272 | long leg | $3.6M | $3.4M | 20x | |
| MEXC SWARMS_USDT | +0.0862% | 4h | 0.008274 | +0.021% | $154K | $99K | 100x | as long as short |
| KuCoin SWARMSUSDTM | +0.1232% | 4h | 0.008239 | −0.402% | $773K | $119K | 20x | as long as short |
| Aster SWARMSUSDT | +0.1329% | 4h | 0.008232 | −0.487% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3103% | 1h | 0.008319 | +0.568% | $9K | $149 | 10x | as long as short |
Gate SWARMS_USDT
BloFin SWARMS-USDT
BingX SWARMS-USDT
MEXC SWARMS_USDT
KuCoin SWARMSUSDTM
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD