Funding you earn now, next payment 21:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.034%
Price spread now: Extended against Coinbase International+0.073%7-day average +0.248% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.073%, 7d avg +0.248%
=Together, before fees−0.341%+ Points / potential airdropExtended: Active · farm board−$34 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 0.175% cheaper against Coinbase International than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.248%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BE-PERP-INTX | 272.24 | 0.0008 | pay 0.0001% / 1h | 28m 29s | $467K | $121K | 10x |
| Short | Extended BE-USD | 272.44 | 0 | get 0.0000% / 1h | 28m 29s | $46K | $270K | 10x |
Coinbase International BE-PERP-INTX
Extended BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$1.68
- Price spread: +0.073% → +0.248%
- −$17.48
- Slippage, 4 orders
- −$37.82
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$71.98
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 59 min ago; Extended: live order book, 58 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 Coinbase International live order book, 59 min ago | 5.50 bp | 12.0 bp −$12 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Extended live order book, 58 min ago | 1.28 bp | 15.3 bp −$15 | 158.7 bp −$1,587 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 272.23 | −0.005% | $342K | $116K | 20x | as long as short |
| Extended BE-USDshort | 0.0000% | 1h | 272.44 | +0.073% | $46K | $270K | 10x | |
| Binance BEUSDT | 0.0000% | 8h | 272.29 | +0.018% | $8.4M | $37.4M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 272.46 | +0.081% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.39 | +0.055% | $2.6M | $6.7M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.30 | +0.022% | $1.5M | $3.8M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 272.36 | +0.044% | $1.7M | $2.7M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.23 | −0.005% | $7K | $202K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.30 | +0.022% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.37 | +0.048% | $13K | $33K | 20x | as long as short |
Aster BEUSDT
Binance BEUSDT
Bybit BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BE-PERP-INTXlong | +0.0008% | 1h | 272.24 | long leg | $467K | $121K | 10x | |
| Lighter BE | +0.0032% | 1h | 271.97 | −0.099% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 272.24 | 0.000% | $248K | $481K | 10x | as long as short |
| QFEX BE-USD | +0.0038% | 1h | 272.34 | +0.037% | $1.3M | $3.6M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.18 | −0.022% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.27 | +0.011% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0078% | 1h | 272.09 | −0.055% | $5.8M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.17 | −0.026% | $367K | $24K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.23 | −0.005% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.58 | +0.125% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.1626% | 1h | 272.41 | +0.062% | $6K | $4K | 10x | as long as short |
Lighter BE
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL