Funding you earn now, next payment 05:00 UTC−0.0928%/8h= −101.6% APRpaid last 24h −0.016%
Price spread now: OKX against Extended+0.146%7-day average +0.292% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2342.338% of the position
Funding, last 7 days+0.652%+$65 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now +0.146%, 7d avg +0.292%
=Together, before fees+0.845%+ Points / potential airdropExtended: Active · farm board+$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and OKX is 0.146% cheaper against Extended than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.292%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.652%, 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 | 13.331 | 0.0928 | pay 0.0116% / 1h | 19m 07s | $190K | $242K | 10x |
| Short | OKX PURR-USDT-SWAP | 13.350 | 0 | get 0.0000% / 8h | 3h 19m | $582K | $1.2M | 20x |
Extended PURR-USD
OKX PURR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$194.88
- Price spread: +0.146% → +0.292%
- −$14.57
- Slippage, 4 orders
- −$218.75
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$443.21
- Costs to cover
- 2.338%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; OKX: 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, 33 min ago | 9.68 bp | 48.7 bp −$49 | 374.7 bp −$3,747 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.75 bp | 59.1 bp −$59 | 262.9 bp −$2,629 | 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 PURRUSDT | −0.0655% | 8h | 13.359 | +0.214% | $377K | $1.9M | 20x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.300 | −0.229% | $583K | $870K | 25x | as long as short |
| OKX PURR-USDT-SWAPshort | 0.0000% | 8h | 13.350 | +0.146% | $582K | $1.2M | 20x | |
| Gate PURR_USDT | 0.0000% | 8h | 13.343 | +0.094% | $51K | $37K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.359 | +0.214% | $6K | $346K | 20x | as long as short |
| QFEX PURR-USD | +0.0008% | 1h | 13.310 | −0.154% | $1.3M | $1.7M | 10x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.274 | −0.424% | $8K | $52K | 5x | as long as short |
| Extended PURR-USDlong | +0.0928% | 1h | 13.331 | long leg | $190K | $242K | 10x |
Bitget PURRUSDT
Bybit PURRUSDT
Gate PURR_USDT
HTX PURR-USDT
QFEX PURR-USD
Ondo Perps PURR-USD.P