Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.014%
Price spread now: Binance against Extended+0.088%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2812.810% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.088%, 7d avg +0.033%
=Together, before fees−0.066%+ Points / potential airdropExtended: Active · farm board−$7 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 0.055% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01635 | 0.0496 | pay 0.0062% / 1h | 44m 16s | $1K | $97K | 5x |
| Short | Binance USUSDT | 0.01637 | 0.0498 | get 0.0249% / 4h | 1h 44m | $9.1M | $3.3M | 10x |
Extended US-USD
Binance USUSDTFunding 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
- $0.5
- Price spread: +0.088% → +0.033%
- $5.47
- Slippage, 4 orders
- −$266.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$275.04
- Costs to cover
- 2.810%
- Break-even
- 3827.0 days
Slippage from Extended: live order book, 4 min ago; Binance: live order book, 10 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, 4 min ago | 6.42 bp | 84.1 bp −$84 | 818.7 bp −$8,187 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.22 bp | 40.0 bp −$40 | 65.0 bp −$650 | 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 | 0.01638 | +0.143% | $3.2M | $916K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01634 | −0.090% | $2.1M | $590K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01634 | −0.071% | $4.1M | $289K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.088% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0457% | 4h | 0.01637 | +0.088% | $483K | $49K | 10x | as long as short |
| Bitget USUSDT | +0.0458% | 4h | 0.01640 | +0.302% | $4.3M | $261K | 10x | as long as short |
| Aster USUSDT | +0.0474% | 4h | 0.01635 | −0.022% | $12K | $53K | 5x | as long as short |
| Extended US-USDlong | +0.0496% | 1h | 0.01635 | long leg | $1K | $97K | 5x | |
| MEXC US_USDT | +0.0498% | 4h | 0.01637 | +0.130% | $5.5M | $112K | 100x | as long as short |
| Binance USUSDTshort | +0.0498% | 4h | 0.01637 | +0.088% | $9.1M | $3.3M | 10x |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
BloFin US-USDT
Bitget USUSDT
Aster USUSDT
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0506% | 4h | 0.01638 | +0.179% | — | $1.3M | — | as long as short |
BingX US-USDT