Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.004%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2012.010% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.004%, 7d avg +0.007%
=Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$3 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 | 0.01189 | 0.0104 | pay 0.0013% / 1h | 44m 40s | $64K | $290K | 5x |
| Short | Bitget WUSDT | 0.01189 | 0.0100 | get 0.0050% / 4h | 3h 44m | $1.3M | $575K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.004% → +0.007%
- −$0.25
- Slippage, 4 orders
- −$184.05
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$202.14
- Costs to cover
- 2.010%
- Break-even
- never at this rate
Slippage from Extended: live order book, 27 min ago; Bitget: live order book, 2 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, 27 min ago | 2.12 bp | 104.1 bp −$104 | 419.1 bp −$4,191 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.21 bp | 28.8 bp −$29 | 78.4 bp −$784 | 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 | −0.0255% | 1h | 0.01188 | −0.055% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.687% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAP | +0.0084% | 4h | 0.01188 | −0.063% | $1.3M | $2.0M | 20x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01189 | +0.004% | $2.0M | $417K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01189 | +0.023% | $3.0M | $6.8M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01188 | −0.097% | $4.2M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01186 | −0.240% | $448K | $284K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01189 | +0.013% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01189 | +0.004% | $459K | $219K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01189 | +0.004% | $1.3M | $575K | 50x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01188 | −0.055% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01185 | −0.310% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01187 | −0.173% | $127K | $377K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01189 | long leg | $64K | $290K | 5x | |
| Coinbase International W-PERP-INTX | +0.0280% | 1h | 0.01188 | −0.113% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1291% | 1h | 0.01191 | +0.139% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1320% | 1h | 0.01191 | +0.184% | $148K | $181K | 20x | as long as short |
Extended W-USD
Bitget WUSDT
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
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD