Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.020%
Price spread now: Extended against MEXC+0.067%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2672.666% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.067%, 7d avg −0.037%
=Together, before fees−0.243%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.104% dearer against MEXC than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.037%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SWARMS_USDT | 0.008183 | 0.0538 | pay 0.0269% / 4h | 3h 52m | $151K | $97K | 100x |
| Short | Extended SWARMS-USD | 0.008188 | 0.0528 | get 0.0066% / 1h | 52m 04s | $7K | $209K | 5x |
MEXC SWARMS_USDT
Extended SWARMS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- −$2.1
- Price spread: +0.067% → −0.037%
- $10.38
- Slippage, 4 orders
- −$257.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$258.34
- Costs to cover
- 2.666%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 18 min ago; Extended: live order book, 44 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 MEXC live order book, 18 min ago | 1.81 bp | 38.4 bp −$38 | 72.0 bp −$720 | 222.0 bp −$22.2K | 533.0 bp −$266.5K |
| Sell Extended live order book, 44 min ago | 7.84 bp | 106.8 bp −$107 | 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 | 0.008180 | −0.037% | $946K | $114K | 10x | as long as short |
| BloFin SWARMS-USDT | +0.0491% | 4h | 0.008201 | +0.220% | $227K | $8K | 20x | as long as short |
| Binance SWARMSUSDT | +0.0525% | 4h | 0.008182 | −0.012% | $3.5M | $3.5M | 20x | as long as short |
| Extended SWARMS-USDshort | +0.0528% | 1h | 0.008188 | +0.067% | $7K | $209K | 5x | |
| MEXC SWARMS_USDTlong | +0.0538% | 4h | 0.008183 | long leg | $151K | $97K | 100x | |
| BingX SWARMS-USDT | +0.0560% | 4h | 0.008182 | −0.012% | — | $6.5M | — | as long as short |
| Aster SWARMSUSDT | +0.0666% | 4h | 0.008169 | −0.175% | $31K | $102K | 5x | as long as short |
| KuCoin SWARMSUSDTM | +0.1406% | 4h | 0.008172 | −0.134% | $767K | $121K | 20x | as long as short |
| Kraken Futures PF_SWARMSUSD | +4.0026% | 1h | 0.008221 | +0.459% | $9K | $45 | 10x | as long as short |
Gate SWARMS_USDT
BloFin SWARMS-USDT
Binance SWARMSUSDT
BingX SWARMS-USDT
Aster SWARMSUSDT
KuCoin SWARMSUSDTM
Kraken Futures PF_SWARMSUSD