Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Extended against Bybit+0.013%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PDDUSDT | 79.520 | 0 | get 0.0000% / 8h | 40m 14s | $263K | $2.0M | 25x |
| Short | Extended PDD_24_5-USD | 79.530 | 0.0040 | get 0.0005% / 1h | 40m 14s | $3K | — | 5x |
Bybit PDDUSDT
Extended PDD_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
- $8.4
- Price spread: +0.013% → 0.000%
- $1.26
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$6.34
- Costs to cover
- 0.160%
- Break-even
- 12.3 days
Slippage unknown: Bybit: live order book, 1 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 12.56 bp | 41.1 bp −$41 | 204.8 bp −$2,048 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
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.
PDD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PDDUSDTlong | 0.0000% | 8h | 79.520 | long leg | $263K | $2.0M | 25x | |
| Gate PDD_USDT | 0.0000% | 8h | 79.580 | +0.075% | $499K | $39K | 20x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 79.620 | +0.126% | $1.3M | $220K | 20x | as long as short |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.314% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USDshort | +0.0040% | 1h | 79.530 | +0.013% | $3K | — | 5x | |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.540 | +0.025% | $31K | $2.7M | 20x | as long as short |
| HTX PDD-USDT | +0.0100% | 8h | 79.610 | +0.113% | $7K | $300K | 20x | as long as short |
| edgeX PDDUSDC | +0.0356% | 4h | 79.640 | +0.151% | $161K | $222K | 10x | as long as short |
| Binance PDDUSDT | +0.0909% | 8h | 79.678 | +0.198% | $1.4M | $1.0M | 20x | as long as short |
Gate PDD_USDT
Bitget PDDUSDT
Injective PDD/USDC PERP
KuCoin PDDUSDTM
HTX PDD-USDT
edgeX PDDUSDC
Binance PDDUSDT