Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.099%
Price spread now: Binance against Extended−0.185%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.185% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended APP_24_5-USD | 330.19 | 0.0040 | pay 0.0005% / 1h | 49m 02s | $23K | $6K | 10x |
| Short | Binance APPUSDT | 329.58 | 0 | get 0.0000% / 8h | 6h 49m | $3.0M | $3.9M | 25x |
Extended APP_24_5-USD
Binance APPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$8.4
- Price spread: −0.185% → 0.000%
- −$18.48
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.88
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 2.73 bp | 31.0 bp −$31 | 77.7 bp −$777 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APP on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APPUSDTshort | 0.0000% | 8h | 329.58 | −0.185% | $3.0M | $3.9M | 25x | |
| OKX APP-USDT-SWAP | 0.0000% | 8h | 329.58 | −0.186% | $418K | $376K | 25x | as long as short |
| Gate APP_USDT | 0.0000% | 8h | 329.50 | −0.210% | $777K | $700K | 25x | as long as short |
| Bitget APPUSDT | 0.0000% | 8h | 329.76 | −0.132% | $562K | $560K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 329.21 | −0.298% | $9K | $236K | 10x | as long as short |
| Extended APP_24_5-USDlong | +0.0040% | 1h | 330.19 | long leg | $23K | $6K | 10x |
OKX APP-USDT-SWAP
Gate APP_USDT
Bitget APPUSDT
HTX APP-USDT