Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.081%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1831.833% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.081%, 7d avg −0.008%
=Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 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 0.073% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WUSDT | 0.01181 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $1.3M | $575K | 50x |
| Short | Extended W-USD | 0.01180 | 0.0104 | get 0.0013% / 1h | 10m 18s | $60K | $236K | 5x |
Bitget WUSDT
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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: −0.081% → −0.008%
- −$7.3
- Slippage, 4 orders
- −$166.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$189.72
- Costs to cover
- 1.833%
- Break-even
- 1588.0 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 57 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 Bitget live order book, 1 min ago | 8.46 bp | 34.1 bp −$34 | 218.7 bp −$2,187 | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 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 | −0.0173% | 1h | 0.01180 | −0.059% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.371% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01181 | 0.000% | $2.0M | $394K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01181 | +0.017% | $3.0M | $6.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01179 | −0.161% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01179 | −0.186% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01180 | −0.085% | $445K | $265K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01182 | +0.042% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01183 | +0.169% | $423K | $194K | 50x | as long as short |
| Bitget WUSDTlong | +0.0100% | 4h | 0.01181 | long leg | $1.3M | $575K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01180 | −0.085% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01181 | −0.034% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01182 | +0.085% | $122K | $405K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01180 | −0.081% | $60K | $236K | 5x | |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01183 | +0.161% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0432% | 1h | 0.01184 | +0.271% | $44K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1538% | 1h | 0.01183 | +0.137% | $147K | $180K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD