Funding you earn now, next payment 08:00 UTC+0.2168%/8h= +237.4% APRpaid last 24h +0.056%
Price spread now: Extended against OKX−0.002%7-day average −0.294% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$2102.103% of the position
Funding, last 7 days−0.561%−$56 on $10k
+Price spread, last 4 days (all we have)−0.357%−$36 · spread now −0.002%, 7d avg −0.294%
=Together, before fees−0.918%+ Points / potential airdropExtended: Active · farm board−$92 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and Extended is 0.292% dearer against OKX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.294%. Mind the row above: over the last 7 days funding on this pair cost −0.561%, 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 -0.561% in total (about -29.3% 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 | OKX PURR-USDT-SWAP | 13.490 | 0 | get 0.0000% / 8h | 50m 40s | $601K | $1.3M | 20x |
| Short | Extended PURR-USD | 13.490 | 0.2168 | get 0.0271% / 1h | 50m 40s | $193K | $242K | 10x |
OKX PURR-USDT-SWAP
Extended PURR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $455.28
- Price spread: −0.002% → −0.294%
- $29.21
- Slippage, 4 orders
- −$195.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $274.23
- Costs to cover
- 2.103%
- Break-even
- 2.8 days
Slippage from OKX: live order book, 1 min ago; Extended: live order book, 51 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 OKX live order book, 1 min ago | 3.71 bp | 66.1 bp −$66 | 301.9 bp −$3,019 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 8.65 bp | 40.9 bp −$41 | 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 PURRUSDT | −0.0194% | 8h | 13.471 | −0.141% | $385K | $2.0M | 20x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.484 | −0.044% | $574K | $876K | 25x | as long as short |
| OKX PURR-USDT-SWAPlong | 0.0000% | 8h | 13.490 | long leg | $601K | $1.3M | 20x | |
| QFEX PURR-USD | 0.0000% | 1h | 13.410 | −0.593% | $1.3M | $1.8M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.460 | −0.222% | $52K | $10K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.523 | +0.245% | $7K | $342K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0558% | 1h | 13.460 | −0.222% | $9K | $55K | 5x | as long as short |
| Extended PURR-USDshort | +0.2168% | 1h | 13.490 | −0.002% | $193K | $242K | 10x |
Bitget PURRUSDT
Bybit PURRUSDT
QFEX PURR-USD
Gate PURR_USDT
HTX PURR-USDT
Ondo Perps PURR-USD.P