Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX+0.027%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1811.812% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.027%, 7d avg +0.026%
=Together, before fees−0.071%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX W-USDT | 0.01175 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $6.9M | — |
| Short | Extended W-USD | 0.01176 | 0.0104 | get 0.0013% / 1h | 55m 34s | $59K | $240K | 5x |
BingX W-USDT
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $0.84
- Price spread: +0.027% → +0.026%
- $0.12
- Slippage, 4 orders
- −$166.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$180.23
- Costs to cover
- 1.812%
- Break-even
- 1509.0 days
Slippage from BingX: live order book, 12 min ago; Extended: live order book, 11 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 BingX live order book, 12 min ago | 4.19 bp | 26.2 bp −$26 | 65.1 bp −$651 | 606.2 bp −$60.6K | 1024.6 bp −$512.3K |
| Sell Extended live order book, 11 min ago | 2.93 bp | 35.4 bp −$35 | 275.5 bp −$2,755 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01176 | +0.077% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.859% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAP | +0.0089% | 4h | 0.01174 | −0.136% | $1.3M | $1.9M | 20x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01176 | +0.051% | $2.0M | $407K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01176 | +0.010% | $3.0M | $6.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01175 | −0.068% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01178 | +0.179% | $444K | $263K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01175 | +0.009% | $12.7M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01178 | +0.221% | $444K | $221K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01177 | +0.136% | $1.3M | $566K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
OKX W-USDT-SWAP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTlong | +0.0100% | 4h | 0.01175 | long leg | — | $6.9M | — | |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01177 | +0.136% | $45K | $47K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01173 | −0.181% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01179 | +0.339% | $123K | $384K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01176 | +0.027% | $59K | $240K | 5x | |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01183 | +0.655% | $14K | $16K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1543% | 1h | 0.01179 | +0.328% | $146K | $181K | 20x | as long as short |
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD