Funding you earn now, next payment 11:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Binance against Extended+0.192%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Binance is 0.192% dearer against Extended than usual: you sell high and buy low (spread +0.192% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TXN-USD | 269.50 | 0.0040 | pay 0.0005% / 1h | 30m 36s | $41K | $12K | 10x |
| Short | Binance TXNUSDT | 270.02 | 0 | get 0.0000% / 8h | 5h 30m | $265K | $466K | 25x |
Extended TXN-USD
Binance TXNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$8.4
- Price spread: +0.192% → 0.000%
- $19.22
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.18
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; Binance: live order book, 69 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 69 min ago | 5.02 bp | 31.7 bp −$32 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TXN on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TXNUSDTshort | 0.0000% | 8h | 270.02 | +0.192% | $265K | $466K | 25x | |
| Bybit TXNUSDT | 0.0000% | 8h | 270.03 | +0.197% | $159K | $222K | 25x | as long as short |
| Gate TXN_USDT | 0.0000% | 8h | 270.40 | +0.334% | $227K | $94K | 20x | as long as short |
| Bitget TXNUSDT | 0.0000% | 8h | 270.14 | +0.237% | $145K | $94K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 269.97 | +0.175% | $20K | $11K | — | as long as short |
| Extended TXN-USDlong | +0.0040% | 1h | 269.50 | long leg | $41K | $12K | 10x | |
| HTX TXN-USDT | +0.0100% | 8h | 270.04 | +0.200% | $4K | $37K | 10x | as long as short |
Bybit TXNUSDT
Gate TXN_USDT
Bitget TXNUSDT
Variational Omni TXN
HTX TXN-USDT