Funding you earn now, next payment 02:00 UTC+0.1160%/8h= +127.0% APRpaid last 24h −0.013%
Price spread now: Extended against Bybit+0.058%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2512.511% of the position
Funding, last 7 days−0.716%−$72 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.058%, 7d avg −0.057%
=Together, before fees−0.926%+ Points / potential airdropExtended: Active · farm board−$93 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Extended is 0.115% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.057%. Mind the row above: over the last 7 days funding on this pair cost −0.716%, 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 -0.716% in total (about -37.3% 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 | Bybit PURRUSDT | 13.513 | 0 | get 0.0000% / 8h | 6h 40m | $611K | $889K | 25x |
| Short | Extended PURR-USD | 13.521 | 0.1160 | get 0.0145% / 1h | 40m 20s | $201K | $237K | 10x |
Bybit PURRUSDT
Extended PURR-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
- $243.6
- Price spread: +0.058% → −0.057%
- $11.48
- Slippage, 4 orders
- −$235.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $4
- Costs to cover
- 2.511%
- Break-even
- 6.9 days
Slippage from Bybit: live order book, 25 min ago; Extended: live order book, 27 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 Bybit live order book, 25 min ago | 6.24 bp | 52.5 bp −$53 | 875.0 bp −$8,750 | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 9.13 bp | 51.9 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PURRUSDTlong | 0.0000% | 8h | 13.513 | long leg | $611K | $889K | 25x | |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.510 | −0.022% | $571K | $1.3M | 20x | as long as short |
| QFEX PURR-USD | 0.0000% | 1h | 13.500 | −0.096% | $1.3M | $1.7M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.555 | +0.311% | $52K | $37K | 20x | as long as short |
| Bitget PURRUSDT | 0.0000% | 8h | 13.606 | +0.688% | $333K | $2.0M | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.580 | +0.496% | $7K | $335K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0395% | 1h | 13.525 | +0.089% | $8K | $51K | 5x | as long as short |
| Extended PURR-USDshort | +0.1160% | 1h | 13.521 | +0.058% | $201K | $237K | 10x |
OKX PURR-USDT-SWAP
QFEX PURR-USD
Gate PURR_USDT
Bitget PURRUSDT
HTX PURR-USDT
Ondo Perps PURR-USD.P