Funding arb · Price arb /

CSCO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Extended against Binance−0.179%7-day average −0.142% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1031.034% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 2 days (all we have)+0.095%+$9 · spread now −0.179%, 7d avg −0.142%

Together, before fees+0.259%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.142%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CSCOUSDT	111.71	0	get 0.0000% / 8h	1h 06m	$740K	$509K	20x
Short	Extended CSCO_24_5-USD	111.51	0.0104	get 0.0013% / 1h	6m 17s	$233K	$2K	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee ExtendedbpOrdersPrice spread, now −0.179%Rate

Funding earned: $21.84
Price spread: −0.179% → −0.142%: −$3.72
Slippage, 4 orders: −$88.39
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$85.28
Costs to cover: 1.034%
Break-even: 34.3 days

Slippage from Binance: live order book, 11 min ago; Extended: live order book, 35 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, 11 min ago	3.13 bp	19.8 bp −$20	63.5 bp −$635	doesn't fit	doesn't fit
Sell Extended live order book, 35 min ago	30.45 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit

CSCO on 13 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 CSCOUSDT	0.0000%	8h	111.65	−0.051%	$4K	$6K	20x	as long as short
Binance CSCOUSDTlong	0.0000%	8h	111.71	long leg	$740K	$509K	20x
Bybit CSCOUSDT	0.0000%	8h	111.64	−0.063%	$411K	$32K	25x	as long as short
OKX CSCO-USDT-SWAP	0.0000%	8h	111.56	−0.134%	$270K	$159K	20x	as long as short
Gate CSCO_USDT	0.0000%	8h	111.58	−0.116%	$305K	$9K	25x	as long as short
Bitget CSCOUSDT	0.0000%	8h	111.72	+0.009%	$321K	$85K	20x	as long as short
Variational Omni CSCO	0.0000%	8h	111.72	+0.008%	$39K	$40K	—	as long as short
GRVT CSCO_USDT_Perp	0.0000%	8h	111.70	−0.011%	$474	$169K	10x	as long as short
SunX CSCO-USDT	0.0000%	8h	111.71	0.000%	$2K	$1.4M	10x	as long as short
HTX CSCO-USDT	0.0000%	8h	111.81	+0.090%	$6K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CSCOUSDT	0.0000%	8h	111.77	+0.054%	$1.3M	$40K	10x	as long as short
KuCoin CSCOUSDTM	+0.0100%	8h	111.37	−0.304%	$327K	$856K	20x	as long as short
Extended CSCO_24_5-USDshort	+0.0104%	1h	111.51	−0.179%	$233K	$2K	10x