Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Binance against Extended+0.227%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Binance is 0.227% dearer against Extended than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MARA-USD | 12.996 | 0.0040 | pay 0.0005% / 1h | 47m 34s | $1K | — | 5x |
| Short | Binance MARAUSDT | 13.025 | 0 | get 0.0000% / 8h | 7h 47m | $176K | $478K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$8.4
- Price spread: +0.227% → 0.000%
- $22.66
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$0.74
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; Binance: live order book, 14 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 3.83 bp | 31.7 bp −$32 | 85.3 bp −$853 | doesn't fit | doesn't fit |
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.
MARA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MARAUSDC | −0.0331% | 4h | 13.018 | +0.171% | $15K | $311K | 10x | as long as short |
| Bitget MARAUSDT | −0.0049% | 8h | 13.007 | +0.088% | $90K | $2.8M | 20x | as long as short |
| Binance MARAUSDTshort | 0.0000% | 8h | 13.025 | +0.227% | $176K | $478K | 20x | |
| Bybit MARAUSDT | 0.0000% | 8h | 13.020 | +0.188% | $263K | $141K | 25x | as long as short |
| OKX MARA-USDT-SWAP | 0.0000% | 8h | 12.990 | −0.043% | $60K | $184K | 20x | as long as short |
| Gate MARA_USDT | 0.0000% | 8h | 13.036 | +0.311% | $30K | $13K | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.000 | +0.034% | $5K | $255K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 13.030 | +0.265% | $373K | $38K | 20x | as long as short |
| Extended MARA-USDlong | +0.0040% | 1h | 12.996 | long leg | $1K | — | 5x | |
| KuCoin MARAUSDTM | +0.0100% | 8h | 13.016 | +0.157% | $25K | $2.9M | 20x | as long as short |
Extended MARA-USD
Binance MARAUSDT
edgeX MARAUSDC
Bitget MARAUSDT
Bybit MARAUSDT
OKX MARA-USDT-SWAP
Gate MARA_USDT
HTX MARA-USDT
Phemex MARAUSDT
KuCoin MARAUSDTM