Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Extended against Bybit+0.038%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.038%, 7d avg −0.048%
=Together, before fees−0.198%+ Points / potential airdropExtended: Active · farm board−$20 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 0.086% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COINUSDT | 201.50 | 0 | get 0.0000% / 8h | 7h 36m | $5.0M | $5.9M | 50x |
| Short | Extended COIN_24_5-USD | 201.58 | 0 | get 0.0000% / 1h | 36m 20s | $122K | $717K | 10x |
Bybit COINUSDT
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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: +0.038% → −0.048%
- $8.55
- Slippage, 4 orders
- −$25.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$33
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 36 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 Bybit live order book, 2 min ago | 2.98 bp | 12.9 bp −$13 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell Extended live order book, 36 min ago | 1.24 bp | 9.5 bp −$9 | 81.0 bp −$810 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.40 | −0.050% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.51 | +0.006% | $369K | $840K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 201.58 | +0.038% | $122K | $717K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 201.62 | +0.060% | $15.8M | $75.4M | 20x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 201.50 | long leg | $5.0M | $5.9M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.51 | +0.005% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.59 | +0.045% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.64 | +0.069% | $6.9M | $9.2M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.58 | +0.042% | $838K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.55 | +0.023% | $14K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Binance COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.53 | +0.015% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.42 | −0.040% | $433K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.64 | +0.069% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.31 | −0.094% | — | $290K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.49 | −0.005% | $16.6M | $12.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.49 | −0.005% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.57 | +0.035% | $102 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.38 | −0.060% | $357K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.67 | +0.084% | $1.0M | $135K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.47 | −0.015% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.55 | +0.025% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.55 | +0.023% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.59 | +0.045% | $199K | $339K | 20x | as long as short |
| Lighter COIN | +0.0128% | 1h | 201.46 | −0.021% | $375K | $1.8M | 10x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.51 | +0.005% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0404% | 4h | 201.53 | +0.013% | $52K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
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
Lighter COIN
Phoenix COIN
edgeX COINUSDC