Settings8H · net · $10k
Funding arb · Price arb /

BE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Arcus−0.017%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$530.525% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.017%, 7d avg +0.077%
Together, before fees−0.152%+ Points / potential airdropExtended: Active · farm board−$15 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 0.094% cheaper against Arcus than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BE-USD274.820.0040pay 0.0005% / 1h57m 34s$115K$109K10x
ShortExtended BE-USD274.770.0048get 0.0006% / 1h57m 34s$46K$260K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Arcus. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.62
Price spread: −0.017% → +0.077%
−$9.39
Slippage, 4 orders
−$43.04
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$60.31
Costs to cover
0.525%
Break-even
267.3 days
Slippage from Arcus: live order book, 60 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 60 min ago4.17 bp9.7 bp −$1019.1 bp −$191doesn't fitdoesn't fit
Sell Extended live order book, 59 min ago2.54 bp16.0 bp −$16155.3 bp −$1,553doesn't fitdoesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.76−0.023%$346K$119K20xas long as short
Gate BE_USDT0.0000%8h274.60−0.080%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h274.74−0.029%$1.7M$2.5M20xas long as short
GRVT BE_USDT_Perp0.0000%8h275.06+0.087%$7K$163K10xas long as short
SunX BE-USDT0.0000%8h274.94+0.044%$1K$2.4M10xas long as short
HTX BE-USDT0.0000%8h275.67+0.309%$13K$35K20xas long as short
Lighter BE+0.0032%1h274.56−0.095%10xas long as short
Lighter RH BE+0.0032%1h274.74−0.029%$251K$290K10xas long as short
QFEX BE-USD+0.0036%1h274.74−0.029%$1.3M$2.7M10xas long as short
Arcus BE-USDlong+0.0040%1h274.82long leg$115K$109K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h274.89+0.025%10xas long as short
Extended BE-USDshort+0.0048%1h274.77−0.017%$46K$260K10x
Binance BEUSDT+0.0049%8h274.73−0.033%$8.5M$36.5M25xas long as short
tradeXYZ xyz:BE+0.0050%1h274.72−0.036%$5.9M$2.6M10xas long as short
Coinbase International BE-PERP-INTX+0.0064%1h273.08−0.633%$473K$128K10xas long as short
Bybit BEUSDT+0.0092%8h274.85+0.011%$2.0M$1.2M25xas long as short
KuCoin BEUSDTM+0.0100%8h274.84+0.007%$371K$20K20xas long as short
Aevo BE-PERP+0.0104%1h274.83+0.005%10xas long as short
OKX BE-USDT-SWAP+0.0146%8h274.86+0.015%$2.7M$6.8M25xas long as short
BloFin BE-USDT+0.0171%8h274.97+0.055%$45K$141K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0624%1h274.83+0.004%$7K$4K10xas long as short