Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.036%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1791.786% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now −0.036%, 7d avg −0.025%
=Together, before fees−0.251%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01169 | 0.0104 | pay 0.0013% / 1h | 57m 56s | $59K | $276K | 5x |
| Short | BingX W-USDT | 0.01169 | 0.0100 | get 0.0050% / 4h | 2h 57m | — | $6.9M | — |
Extended W-USD
BingX W-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$0.84
- Price spread: −0.036% → −0.025%
- −$1.13
- Slippage, 4 orders
- −$163.59
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$180.56
- Costs to cover
- 1.786%
- Break-even
- never at this rate
Slippage from Extended: live order book, 29 min ago; BingX: 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, 29 min ago | 1.70 bp | 62.5 bp −$62 | 337.7 bp −$3,377 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.40 bp | 25.6 bp −$26 | 57.3 bp −$573 | 621.6 bp −$62.2K | 1134.8 bp −$567.4K |
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 | 0.01170 | +0.101% | $17K | $790 | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.402% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAP | +0.0039% | 4h | 0.01168 | −0.070% | $1.3M | $2.2M | 20x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01170 | +0.067% | $2.0M | $473K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01169 | +0.006% | $2.9M | $7.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01168 | −0.104% | $4.1M | $2.1M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01170 | +0.067% | $443K | $300K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01170 | +0.041% | $12.8M | $1.7M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01168 | −0.104% | $419K | $231K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01171 | +0.152% | $1.2M | $557K | 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-USDTshort | +0.0100% | 4h | 0.01169 | −0.036% | — | $6.9M | — | |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01171 | +0.169% | $43K | $50K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01172 | +0.239% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01175 | +0.494% | $133K | $412K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01169 | long leg | $59K | $276K | 5x | |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01179 | +0.802% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0621% | 1h | 0.01172 | +0.273% | $145K | $189K | 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