Funding you earn now, next payment 05:00 UTC−0.1626%/8h= −178.0% APRpaid last 24h −0.016%
Price spread now: Bitget against Extended+0.393%7-day average +0.316% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as 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)+0.040%+$4 · spread now +0.393%, 7d avg +0.316%
=Together, before fees+0.769%+ Points / potential airdropExtended: Active · farm board+$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.077% dearer against Extended than usual: you sell high and buy low (spread +0.393% now, against its 7-day average of +0.316%): +$8 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.729%, so the current rate has only just turned against you.
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 | Extended PURR-USD | 13.313 | 0.0976 | pay 0.0122% / 1h | 29m 36s | $190K | $242K | 10x |
| Short | Bitget PURRUSDT | 13.365 | −0.0650 | pay 0.0650% / 8h | 3h 29m | $376K | $2.0M | 20x |
Extended PURR-USD
Bitget PURRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$341.46
- Price spread: +0.393% → +0.316%
- $7.74
- Slippage, 4 orders
- −$200.07
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$550.78
- Costs to cover
- 2.171%
- Break-even
- never at this rate
Slippage from Extended: live order book, 22 min ago; Bitget: live order book, 2 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 Extended live order book, 22 min ago | 9.68 bp | 48.7 bp −$49 | 374.7 bp −$3,747 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 12.35 bp | 91.9 bp −$92 | 109.0 bp −$1,090 | 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 PURRUSDTshort | −0.0650% | 8h | 13.365 | +0.393% | $376K | $2.0M | 20x | |
| Bybit PURRUSDT | 0.0000% | 8h | 13.321 | +0.063% | $584K | $874K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.390 | +0.581% | $582K | $1.3M | 20x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.348 | +0.265% | $51K | $37K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.366 | +0.401% | $7K | $346K | 20x | as long as short |
| QFEX PURR-USD | +0.0008% | 1h | 13.300 | −0.095% | $1.3M | $1.7M | 10x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.310 | −0.020% | $8K | $52K | 5x | as long as short |
| Extended PURR-USDlong | +0.0976% | 1h | 13.313 | long leg | $190K | $242K | 10x |
Bybit PURRUSDT
OKX PURR-USDT-SWAP
Gate PURR_USDT
HTX PURR-USDT
QFEX PURR-USD
Ondo Perps PURR-USD.P