Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: tradeXYZ against Extended−0.085%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.085%, 7d avg −0.012%
=Together, before fees+0.117%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.073% cheaper against Extended than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.012%). If the spread goes back, that is −$7 on $10k: about 4.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BE-USD | 272.51 | 0 | get 0.0000% / 1h | 5m 11s | $46K | $253K | 10x |
| Short | tradeXYZ xyz:BE | 272.28 | 0.0050 | get 0.0006% / 1h | 5m 11s | $5.9M | $2.8M | 10x |
Extended BE-USD
tradeXYZ xyz:BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.085% → −0.012%
- −$7.31
- Slippage, 4 orders
- −$36.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.17
- Costs to cover
- 0.594%
- Break-even
- 44.4 days
Slippage from Extended: live order book, 42 min ago; tradeXYZ: live order book, 3 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 Extended live order book, 42 min ago | 1.65 bp | 15.4 bp −$15 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.92 bp | 11.6 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0054% | 8h | 272.57 | +0.021% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 272.52 | +0.002% | $342K | $121K | 20x | as long as short |
| Extended BE-USDlong | 0.0000% | 1h | 272.51 | long leg | $46K | $253K | 10x | |
| Binance BEUSDT | 0.0000% | 8h | 272.52 | +0.004% | $8.2M | $37.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.60 | +0.032% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.40 | −0.041% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.93 | +0.152% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.70 | +0.069% | $987 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.89 | +0.139% | $13K | $35K | 20x | as long as short |
| QFEX BE-USD | +0.0024% | 1h | 272.68 | +0.062% | $1.3M | $2.5M | 10x | as long as short |
Bitget BEUSDT
Aster BEUSDT
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
QFEX BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0030% | 8h | 272.68 | +0.062% | $2.0M | $1.2M | 25x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.27 | −0.089% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 272.42 | −0.034% | $243K | $300K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.48 | −0.012% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.56 | +0.017% | — | — | 10x | as long as short |
| tradeXYZ xyz:BEshort | +0.0050% | 1h | 272.28 | −0.085% | $5.9M | $2.8M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.705% | $473K | $130K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.56 | +0.017% | $368K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.51 | +0.001% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.46 | −0.019% | $45K | $147K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.1219% | 1h | 272.67 | +0.058% | $6K | $4K | 10x | as long as short |
Bybit BEUSDT
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL