Funding you earn now, next payment 06:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.021%
Price spread now: Binance against Extended+0.079%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as 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)+0.015%+$1 · spread now +0.079%, 7d avg +0.032%
=Together, before fees+0.035%+ 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: Binance is 0.047% dearer against Extended than usual: you sell high and buy low, +$5 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 | Extended SWARMS-USD | 0.008234 | 0.0864 | pay 0.0108% / 1h | 22m 57s | $7K | $213K | 5x |
| Short | Binance SWARMSUSDT | 0.008240 | 0.0862 | get 0.0431% / 4h | 2h 22m | $3.5M | $3.4M | 20x |
Extended SWARMS-USD
Binance SWARMSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.33
- Price spread: +0.079% → +0.032%
- $4.69
- Slippage, 4 orders
- −$279.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$290.5
- Costs to cover
- 2.949%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Binance: live order book, 13 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 Extended live order book, 24 min ago | 7.21 bp | 118.1 bp −$118 | 825.5 bp −$8,255 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.81 bp | 56.8 bp −$57 | 281.6 bp −$2,816 | 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 | 0.008210 | −0.290% | $944K | $108K | 10x | as long as short |
| BloFin SWARMS-USDT | +0.0841% | 4h | 0.008218 | −0.193% | $230K | $7K | 20x | as long as short |
| BingX SWARMS-USDT | +0.0842% | 4h | 0.008243 | +0.111% | — | $6.5M | — | as long as short |
| MEXC SWARMS_USDT | +0.0862% | 4h | 0.008237 | +0.038% | $153K | $99K | 100x | as long as short |
| Binance SWARMSUSDTshort | +0.0862% | 4h | 0.008240 | +0.079% | $3.5M | $3.4M | 20x | |
| Extended SWARMS-USDlong | +0.0864% | 1h | 0.008234 | long leg | $7K | $213K | 5x | |
| KuCoin SWARMSUSDTM | +0.1240% | 4h | 0.008226 | −0.096% | $771K | $119K | 20x | as long as short |
| Aster SWARMSUSDT | +0.1344% | 4h | 0.008228 | −0.066% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3174% | 1h | 0.008274 | +0.487% | $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