Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Extended against Binance−0.018%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−1.046%−$105 · spread now −0.018%, 7d avg −0.060%
=Together, before fees−1.033%+ Points / potential airdropExtended: Active · farm board−$103 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 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 197.14 | 0 | get 0.0000% / 8h | 4h 41m | $15.0M | $78.9M | 20x |
| Short | Extended COIN_24_5-USD | 197.11 | 0 | get 0.0000% / 1h | 41m 08s | $119K | $694K | 10x |
Binance COINUSDT
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0
- Price spread: −0.018% → −0.060%
- $4.24
- Slippage, 4 orders
- −$17.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.7
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Extended: live order book, 17 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 Binance live order book, 16 min ago | 0.25 bp | 7.8 bp −$8 | 15.9 bp −$159 | 54.5 bp −$5,451 | doesn't fit |
| Sell Extended live order book, 17 min ago | 1.01 bp | 8.9 bp −$9 | 60.5 bp −$605 | doesn't fit | doesn't fit |
COIN on 26 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 COINUSDT | −0.0730% | 8h | 197.31 | +0.086% | $6.2M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.03 | −0.056% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0205% | 8h | 197.14 | 0.000% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0086% | 1h | 196.48 | −0.335% | — | $277K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.35 | +0.105% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 197.11 | −0.018% | $119K | $694K | 10x | |
| Binance COINUSDTlong | 0.0000% | 8h | 197.14 | long leg | $15.0M | $78.9M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 197.13 | −0.005% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.21 | +0.036% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.14 | −0.001% | $683K | $938K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.17 | +0.015% | $12K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.04 | −0.051% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.09 | −0.023% | $356K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.08 | −0.030% | $450K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.15 | +0.005% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.02 | −0.061% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.96 | −0.091% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.01 | −0.066% | $63 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.91 | −0.117% | $348K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.12 | −0.010% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.08 | −0.030% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.12 | −0.010% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.08 | −0.032% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.13 | −0.005% | $189K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.15 | +0.005% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0512% | 4h | 197.15 | +0.007% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC