Settings8H · net · $10k
Funding arb · Price arb /

GFS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Extended against Bitget−0.327%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.327% cheaper against Bitget than usual: you would sell low and buy high (spread −0.327% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 27 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GFSUSDT48.9600get 0.0000% / 8h4h 45m$28K$11K20x
ShortExtended GFS-USD48.8000.0040get 0.0005% / 1h45m 50s$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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

Funding earned
$8.4
Price spread: −0.327% → 0.000%
−$32.68
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.28
Costs to cover
0.170%
Break-even
41.4 days
Slippage unknown: Bitget: no order-book sample; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget no order-book sample
Sell Extended no order-book sample
Bitget and Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GFS on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GFS_USDT0.0000%8h48.830−0.266%$26K$6K20xas long as short
Bitget GFSUSDTlong0.0000%8h48.960long leg$28K$11K20x
SunX GFS-USDT0.0000%8h48.970+0.020%$2.3M10xas long as short
HTX GFS-USDT0.0000%8h48.9600.000%$2K$367K20xas long as short
Extended GFS-USDshort+0.0040%1h48.800−0.327%$3K10x