Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h −0.020%
Price spread now: Extended against tradeXYZ+0.044%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.044%, 7d avg +0.012%
=Together, before fees−0.129%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$13 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 0.033% dearer against tradeXYZ than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 275.08 | 0.0050 | pay 0.0006% / 1h | 13m 10s | $5.9M | $2.6M | 10x |
| Short | Extended BE-USD | 275.20 | 0.0056 | get 0.0007% / 1h | 13m 10s | $49K | $260K | 10x |
tradeXYZ xyz:BE
Extended BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against tradeXYZ. 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
- $1.26
- Price spread: +0.044% → +0.012%
- $3.25
- Slippage, 4 orders
- −$37.43
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$55.92
- Costs to cover
- 0.604%
- Break-even
- 317.7 days
Slippage from tradeXYZ: live order book, 4 min ago; Extended: live order book, 44 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 tradeXYZ live order book, 4 min ago | 0.91 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 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 | 275.06 | −0.009% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.00 | −0.029% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.18 | +0.036% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.20 | +0.043% | $6K | $162K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.16 | +0.029% | $999 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.25 | +0.062% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.01 | −0.025% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.18 | +0.036% | $251K | $291K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.727% | $473K | $128K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.04 | −0.015% | $115K | $109K | 10x | as long as short |
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
Arcus BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 275.16 | +0.029% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 275.08 | long leg | $5.9M | $2.6M | 10x | |
| QFEX BE-USD | +0.0052% | 1h | 275.18 | +0.036% | $1.3M | $2.7M | 10x | as long as short |
| Binance BEUSDT | +0.0054% | 8h | 275.27 | +0.071% | $8.5M | $36.4M | 25x | as long as short |
| Extended BE-USDshort | +0.0056% | 1h | 275.20 | +0.044% | $49K | $260K | 10x | |
| Bybit BEUSDT | +0.0093% | 8h | 275.34 | +0.095% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.17 | +0.033% | $372K | $19K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.21 | +0.048% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0148% | 8h | 275.31 | +0.084% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0174% | 8h | 275.20 | +0.044% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0441% | 1h | 275.21 | +0.047% | $7K | $4K | 10x | as long as short |
Vest BE-USD-PERP
QFEX BE-USD
Binance BEUSDT
Bybit BEUSDT
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL