Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin+0.252%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$413as in the Funding arb table
Net, price: spread back to 7d avg − costs−$378as in the Price arb table
costs, in and out, $10k−$4054.052% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.252%, 7d avg −0.021%
=Together, before fees−0.102%+ Points / potential airdropExtended: Active · farm board−$10 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 0.273% dearer against KuCoin than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WUSDTM | 0.01168 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $414K | $217K | 50x |
| Short | Extended W-USD | 0.01171 | 0.0104 | get 0.0013% / 1h | 28m 19s | $59K | $276K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: +0.252% → −0.021%
- $27.32
- Slippage, 4 orders
- −$388.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$377.08
- Costs to cover
- 4.052%
- Break-even
- 3149.3 days
Slippage from KuCoin: live order book, 53 min ago; Extended: live order book, 59 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 KuCoin live order book, 53 min ago | 4.26 bp | 158.0 bp −$158 | 368.3 bp −$3,683 | doesn't fit | doesn't fit |
| Sell Extended live order book, 59 min ago | 1.70 bp | 68.9 bp −$69 | 363.7 bp −$3,637 | 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 | −0.0177% | 1h | 0.01171 | +0.283% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAP | +0.0009% | 4h | 0.01170 | +0.180% | $1.3M | $2.1M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.510% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01171 | +0.257% | $2.0M | $461K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01171 | +0.265% | $3.0M | $7.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01170 | +0.128% | $4.1M | $2.0M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01169 | +0.051% | $443K | $301K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01171 | +0.248% | $12.8M | $1.7M | 50x | as long as short |
| KuCoin WUSDTMlong | +0.0100% | 4h | 0.01168 | long leg | $414K | $217K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01171 | +0.257% | $1.2M | $573K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01171 | +0.231% | — | $6.9M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01171 | +0.265% | $43K | $47K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01167 | −0.056% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01169 | +0.126% | $122K | $409K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01171 | +0.252% | $59K | $276K | 5x | |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01172 | +0.317% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0620% | 1h | 0.01174 | +0.515% | $145K | $185K | 20x | as long as short |
KuCoin WUSDTM
Extended W-USD
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
Bitget WUSDT
BingX W-USDT
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD