Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.018%
Price spread now: Extended against OKX−0.004%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.004%, 7d avg −0.032%
=Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.028% dearer against OKX than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.032%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BE-USDT-SWAP | 275.76 | 0.0125 | pay 0.0125% / 8h | 4h 43m | $2.7M | $6.8M | 25x |
| Short | Extended BE-USD | 275.75 | 0.0072 | get 0.0009% / 1h | 43m 01s | $46K | $256K | 10x |
Funding 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
- −$11.06
- Price spread: −0.004% → −0.032%
- $2.83
- Slippage, 4 orders
- −$45.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.49
- Costs to cover
- 0.603%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 14 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 | 1.09 bp | 8.7 bp −$9 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Extended live order book, 14 min ago | 2.54 bp | 16.0 bp −$16 | 155.3 bp −$1,553 | 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 | 275.62 | −0.050% | $347K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.40 | −0.131% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.68 | −0.029% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.45 | −0.113% | $6K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.36 | −0.145% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.91 | +0.054% | $13K | $34K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.57 | −0.069% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.69 | −0.025% | $252K | $289K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.972% | $473K | $129K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.31 | −0.163% | $115K | $109K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 275.55 | −0.076% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 275.60 | −0.058% | $5.9M | $2.6M | 10x | as long as short |
| QFEX BE-USD | +0.0052% | 1h | 275.69 | −0.025% | $1.3M | $2.7M | 10x | as long as short |
| Binance BEUSDT | +0.0071% | 8h | 275.80 | +0.014% | $8.5M | $36.3M | 25x | as long as short |
| Extended BE-USDshort | +0.0072% | 1h | 275.75 | −0.004% | $46K | $256K | 10x | |
| Bybit BEUSDT | +0.0077% | 8h | 275.83 | +0.025% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.61 | −0.054% | $372K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.78 | +0.007% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAPlong | +0.0125% | 8h | 275.76 | long leg | $2.7M | $6.8M | 25x | |
| BloFin BE-USDT | +0.0191% | 8h | 275.81 | +0.018% | $45K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0621% | 1h | 275.84 | +0.029% | $7K | $4K | 10x | as long as short |
OKX BE-USDT-SWAP
Extended BE-USD
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
tradeXYZ xyz:BE
Binance BEUSDT
Bybit BEUSDT
KuCoin BEUSDTM
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL