Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.082%
Price spread now: Extended against Bybit−0.049%7-day average −0.324% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4334.333% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now −0.049%, 7d avg −0.324%
=Together, before fees−0.113%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.275% dearer against Bybit than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.324%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01646 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $3.3M | $827K | 20x |
| Short | Extended US-USD | 0.01645 | 0.0224 | get 0.0028% / 1h | 57m 17s | $4K | $141K | 5x |
Bybit USUSDT
Extended US-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $26.04
- Price spread: −0.049% → −0.324%
- $27.54
- Slippage, 4 orders
- −$417.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$379.69
- Costs to cover
- 4.333%
- Break-even
- 109.1 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 28 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 Bybit live order book, 5 min ago | 3.03 bp | 105.7 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 28 min ago | 5.74 bp | 91.9 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster USUSDT | +0.0100% | 4h | 0.01648 | +0.097% | $12K | $54K | 5x | as long as short |
| Bybit USUSDTlong | +0.0100% | 4h | 0.01646 | long leg | $3.3M | $827K | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01645 | −0.091% | $2.1M | $532K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01643 | −0.176% | $4.2M | $272K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01653 | +0.396% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0215% | 4h | 0.01652 | +0.377% | $481K | $49K | 10x | as long as short |
| Binance USUSDT | +0.0216% | 4h | 0.01645 | −0.039% | $9.2M | $3.1M | 10x | as long as short |
| MEXC US_USDT | +0.0222% | 4h | 0.01646 | −0.018% | $5.5M | $114K | 100x | as long as short |
| Extended US-USDshort | +0.0224% | 1h | 0.01645 | −0.049% | $4K | $141K | 5x | |
| BingX US-USDT | +0.0698% | 4h | 0.01645 | −0.036% | — | $1.3M | — | as long as short |
Aster USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
BloFin US-USDT
Binance USUSDT
MEXC US_USDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0726% | 4h | 0.01647 | +0.055% | $4.3M | $245K | 10x | as long as short |
Bitget USUSDT