Funding you earn now, next payment 23:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.022%
Price spread now: Bybit against Extended−0.001%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2542.542% of the position
Funding, last 7 days+0.786%+$79 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.001%, 7d avg +0.059%
=Together, before fees+0.933%+ Points / potential airdropExtended: Active · farm board+$93 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.059% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.059%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.786%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PURR-USD | 13.653 | 0.0048 | pay 0.0006% / 1h | 18m 04s | $203K | $251K | 10x |
| Short | Bybit PURRUSDT | 13.653 | 0 | get 0.0000% / 8h | 1h 18m | $629K | $918K | 25x |
Extended PURR-USD
Bybit PURRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.08
- Price spread: −0.001% → +0.059%
- −$5.93
- Slippage, 4 orders
- −$238.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$270.18
- Costs to cover
- 2.542%
- Break-even
- never at this rate
Slippage from Extended: live order book, 64 min ago; Bybit: live order book, 62 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, 64 min ago | 8.72 bp | 44.0 bp −$44 | 330.9 bp −$3,309 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 4.38 bp | 79.3 bp −$79 | 685.8 bp −$6,858 | 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 PURRUSDTshort | 0.0000% | 8h | 13.653 | −0.001% | $629K | $918K | 25x | |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.680 | +0.197% | $565K | $1.3M | 20x | as long as short |
| QFEX PURR-USD | 0.0000% | 1h | 13.640 | −0.096% | $1.3M | $2.2M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.668 | +0.109% | $52K | $36K | 20x | as long as short |
| Bitget PURRUSDT | 0.0000% | 8h | 13.653 | −0.001% | $303K | $2.0M | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.734 | +0.593% | $6K | $331K | 20x | as long as short |
| Extended PURR-USDlong | +0.0048% | 1h | 13.653 | long leg | $203K | $251K | 10x | |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.624 | −0.213% | $7K | $48K | 5x | as long as short |
OKX PURR-USDT-SWAP
QFEX PURR-USD
Gate PURR_USDT
Bitget PURRUSDT
HTX PURR-USDT
Ondo Perps PURR-USD.P