Funding you earn now, next payment 05:00 UTC+0.1626%/8h= +178.0% APRpaid last 24h +0.016%
Price spread now: Extended against Bitget−0.392%7-day average −0.316% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2172.171% of the position
Funding, last 7 days−0.729%−$73 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.392%, 7d avg −0.316%
=Together, before fees−0.771%+ Points / potential airdropExtended: Active · farm board−$77 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.076% cheaper against Bitget than usual: you would sell low and buy high (spread −0.392% now, against its 7-day average of −0.316%). If the spread goes back, that is −$8 on $10k: about 4 hours of funding at the current rate (+$49 a day). Mind the row above: over the last 7 days funding on this pair cost −0.729%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.729% in total (about -38.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PURRUSDT | 13.365 | −0.0650 | get 0.0650% / 8h | 3h 29m | $376K | $2.0M | 20x |
| Short | Extended PURR-USD | 13.313 | 0.0976 | get 0.0122% / 1h | 29m 35s | $190K | $242K | 10x |
Bitget PURRUSDT
Extended PURR-USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $341.46
- Price spread: −0.392% → −0.316%
- −$7.59
- Slippage, 4 orders
- −$200.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $116.8
- Costs to cover
- 2.171%
- Break-even
- 4.6 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 22 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 Bitget live order book, 2 min ago | 12.35 bp | 22.8 bp −$23 | 57.2 bp −$572 | doesn't fit | doesn't fit |
| Sell Extended live order book, 22 min ago | 9.68 bp | 53.7 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
PURR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PURRUSDTlong | −0.0650% | 8h | 13.365 | long leg | $376K | $2.0M | 20x | |
| Bybit PURRUSDT | 0.0000% | 8h | 13.321 | −0.329% | $584K | $874K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.390 | +0.187% | $582K | $1.3M | 20x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.348 | −0.127% | $51K | $37K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.366 | +0.007% | $7K | $346K | 20x | as long as short |
| QFEX PURR-USD | +0.0008% | 1h | 13.300 | −0.486% | $1.3M | $1.7M | 10x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.310 | −0.412% | $8K | $52K | 5x | as long as short |
| Extended PURR-USDshort | +0.0976% | 1h | 13.313 | −0.392% | $190K | $242K | 10x |
Bybit PURRUSDT
OKX PURR-USDT-SWAP
Gate PURR_USDT
HTX PURR-USDT
QFEX PURR-USD
Ondo Perps PURR-USD.P