Funding you earn now, next payment 23:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.031%
Price spread now: Extended against OKX+0.049%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1941.941% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.049%, 7d avg +0.030%
=Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX W-USDT-SWAP | 0.01173 | −0.0041 | get 0.0021% / 4h | 1h 52m | $1.3M | $2.1M | 20x |
| Short | Extended W-USD | 0.01174 | 0.0104 | get 0.0013% / 1h | 52m 20s | $59K | $276K | 5x |
OKX W-USDT-SWAP
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $30.46
- Price spread: +0.049% → +0.030%
- $1.84
- Slippage, 4 orders
- −$179.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$161.77
- Costs to cover
- 1.941%
- Break-even
- 44.2 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 30 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 OKX live order book, 5 min ago | 2.13 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 1.70 bp | 58.1 bp −$58 | 342.1 bp −$3,421 | 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 | −0.0601% | 1h | 0.01174 | +0.051% | $17K | $1K | 10x | as long as short |
| OKX W-USDT-SWAPlong | −0.0041% | 4h | 0.01173 | long leg | $1.3M | $2.1M | 20x | |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.060% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01175 | +0.162% | $2.0M | $443K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01174 | +0.072% | $3.0M | $7.1M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01172 | −0.119% | $4.1M | $2.0M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01170 | −0.264% | $444K | $291K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01174 | +0.085% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01172 | −0.094% | $415K | $218K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01175 | +0.162% | $1.3M | $582K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
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-USDT | +0.0100% | 4h | 0.01174 | +0.034% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01172 | −0.102% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01176 | +0.216% | $123K | $409K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01174 | +0.049% | $59K | $276K | 5x | |
| Backpack W_USDC_PERP | +0.0195% | 1h | 0.01175 | +0.136% | $44K | $47K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +0.0240% | 1h | 0.01178 | +0.384% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0398% | 1h | 0.01176 | +0.241% | $146K | $185K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Backpack W_USDC_PERP
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD