Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.025%
Price spread now: Extended against OKX−0.066%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.066%, 7d avg −0.038%
=Together, before fees−0.063%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.028% cheaper against OKX than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.038%). If the spread goes back, that is −$3 on $10k: about 2.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 195.08 | 0 | get 0.0000% / 8h | 7h 32m | $3.0M | $4.6M | 20x |
| Short | Extended COIN_24_5-USD | 194.95 | 0.0032 | get 0.0004% / 1h | 32m 46s | $104K | $860K | 10x |
OKX COIN-USDT-SWAP
Extended COIN_24_5-USDFunding 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
- $6.72
- Price spread: −0.066% → −0.038%
- −$2.79
- Slippage, 4 orders
- −$27.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$38.7
- Costs to cover
- 0.426%
- Break-even
- 47.3 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 65 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 | 0.77 bp | 11.9 bp −$12 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Extended live order book, 65 min ago | 1.02 bp | 9.0 bp −$9 | 56.2 bp −$562 | 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 | 194.87 | −0.108% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0105% | 8h | 195.13 | +0.026% | $6.3M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0062% | 1h | 194.63 | −0.231% | — | $324K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.07 | −0.005% | $340K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 194.94 | −0.072% | $4.6M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 195.08 | long leg | $3.0M | $4.6M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 195.04 | −0.021% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.35 | +0.140% | $658K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.39 | +0.159% | $19K | $3.0M | 10x | as long as short |
| Binance COINUSDT | +0.0029% | 8h | 195.03 | −0.026% | $14.8M | $81.6M | 20x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Binance COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 194.90 | −0.094% | $359K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 194.90 | −0.092% | $467K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USDshort | +0.0032% | 1h | 194.95 | −0.066% | $104K | $860K | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 195.28 | +0.103% | $17K | $57K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 195.02 | −0.031% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 194.84 | −0.123% | $15.0M | $12.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 194.90 | −0.092% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.06 | −0.010% | $76 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.92 | −0.082% | $430K | $2.5M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 194.95 | −0.067% | $982K | $186K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.35 | +0.138% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 194.98 | −0.051% | $564 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.01 | −0.036% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0129% | 8h | 195.07 | −0.005% | $187K | $473K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.00 | −0.041% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0711% | 4h | 195.34 | +0.131% | $50K | $295K | 10x | as long as short |
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
QFEX 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