Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.045%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1511.508% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.045%, 7d avg −0.022%
=Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$3 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 0.023% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01184 | 0.0100 | pay 0.0050% / 4h | 5m 23s | $12.8M | $1.5M | 50x |
| Short | Extended W-USD | 0.01183 | 0.0104 | get 0.0013% / 1h | 5m 23s | $59K | $228K | 5x |
MEXC W_USDT
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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: −0.045% → −0.022%
- −$2.26
- Slippage, 4 orders
- −$141.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$152.2
- Costs to cover
- 1.508%
- Break-even
- 1275.3 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 7 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 MEXC live order book, 3 min ago | 2.54 bp | 7.3 bp −$7 | 54.2 bp −$542 | 97.2 bp −$9,720 | 185.9 bp −$93.0K |
| Sell Extended live order book, 7 min ago | 2.12 bp | 31.8 bp −$32 | 276.7 bp −$2,767 | 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 | 0.01184 | +0.008% | $16K | $2K | 10x | as long as short |
| OKX W-USDT-SWAP | +0.0028% | 4h | 0.01182 | −0.152% | $1.3M | $2.0M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.146% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01184 | +0.034% | $2.0M | $416K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01183 | −0.011% | $3.0M | $6.8M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01181 | −0.237% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01180 | −0.304% | $445K | $291K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01184 | long leg | $12.8M | $1.5M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01182 | −0.135% | $465K | $215K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01183 | −0.051% | $1.3M | $571K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate 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-USDT | +0.0100% | 4h | 0.01182 | −0.144% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01179 | −0.423% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01182 | −0.105% | $127K | $377K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01183 | −0.045% | $59K | $228K | 5x | |
| Coinbase International W-PERP-INTX | +0.0248% | 1h | 0.01183 | −0.059% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0484% | 1h | 0.01182 | −0.118% | $44K | $46K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.0717% | 1h | 0.01186 | +0.180% | $147K | $181K | 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