Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.023%
Price spread now: Extended against Binance−0.062%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3283.279% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.062%, 7d avg −0.033%
=Together, before fees+0.024%+ Points / potential airdropExtended: Active · farm board+$2 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 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01649 | 0.0805 | pay 0.0403% / 4h | 3h 43m | $9.2M | $3.1M | 10x |
| Short | Extended US-USD | 0.01648 | 0.0808 | get 0.0101% / 1h | 43m 15s | $2K | $139K | 5x |
Binance USUSDT
Extended US-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
- $0.59
- Price spread: −0.062% → −0.033%
- −$2.9
- Slippage, 4 orders
- −$312.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$330.27
- Costs to cover
- 3.279%
- Break-even
- 3938.7 days
Slippage from Binance: live order book, 11 min ago; Extended: live order book, 27 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, 11 min ago | 3.65 bp | 53.2 bp −$53 | 336.8 bp −$3,368 | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 6.71 bp | 104.9 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01649 | +0.024% | $3.3M | $875K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01646 | −0.188% | $2.1M | $558K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01642 | −0.376% | $4.2M | $275K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01644 | −0.294% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0434% | 4h | 0.01651 | +0.133% | $4.3M | $250K | 10x | as long as short |
| Aster USUSDT | +0.0753% | 4h | 0.01644 | −0.267% | $12K | $55K | 5x | as long as short |
| BingX US-USDT | +0.0786% | 4h | 0.01650 | +0.061% | — | $1.3M | — | as long as short |
| MEXC US_USDT | +0.0804% | 4h | 0.01648 | −0.055% | $5.5M | $113K | 100x | as long as short |
| Binance USUSDTlong | +0.0805% | 4h | 0.01649 | long leg | $9.2M | $3.1M | 10x | |
| Extended US-USDshort | +0.0808% | 1h | 0.01648 | −0.062% | $2K | $139K | 5x |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
BingX US-USDT
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0850% | 4h | 0.01648 | −0.055% | $481K | $49K | 10x | as long as short |
BloFin US-USDT