Settings8H · net · $10k
Funding arb · Price arb /

BASED

all BASED markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.025%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.148% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.025%, 7d avg +0.033%
Together, before fees+0.018%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BASED-USD0.068500.0104pay 0.0013% / 1h42m 41s$2K$259K5x
ShortBinance BASEDUSDT0.068520.0100get 0.0050% / 4h42m 41s$4.3M$3.1M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.025% → +0.033%
−$0.73
Slippage, 4 orders
−$99.81
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$116.38
Costs to cover
1.148%
Break-even
never at this rate
Slippage from Extended: live order book, 59 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 59 min ago1.09 bp14.0 bp −$14214.4 bp −$2,144doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago3.65 bp27.3 bp −$27106.6 bp −$1,066doesn't fitdoesn't fit

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BASED-USDT+0.0058%4h0.06856+0.086%$261K$50K25xas long as short
Aster BASEDUSDT+0.0100%4h0.06848−0.031%$29K$2K5xas long as short
Binance BASEDUSDTshort+0.0100%4h0.06852+0.025%$4.3M$3.1M25x
Bybit BASEDUSDT+0.0100%4h0.06839−0.162%$2.1M$694K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06844−0.089%$2.7M$3.8M20xas long as short
Gate BASED_USDT+0.0100%4h0.06844−0.089%$536K$580K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06854+0.057%$4.9M$519K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06850−0.001%$583K$70K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06857+0.101%$1.3M$378K25xas long as short
BingX BASED-USDT+0.0100%4h0.06845−0.074%$1.7Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BASED+0.0100%4h0.06840−0.152%$94K$10Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06842−0.118%$99K$376K10xas long as short
SunX BASED-USDT+0.0100%4h0.06850−0.001%$1K$913K20xas long as short
Extended BASED-USDlong+0.0104%1h0.06850long leg$2K$259K5x
Orderly PERP_BASED_USDC+0.0410%4h0.06851+0.013%$3K$66410xas long as short