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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.007%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$888as in the Funding arb table
Net, price: spread back to 7d avg − costs−$884as in the Price arb table
costs, in and out, $10k−$8858.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.007%, 7d avg −0.024%
Together, before fees+0.131%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BASED-USD0.068180.0104pay 0.0013% / 1h22m 14s$1K$199K5x
ShortKuCoin BASEDUSDTM0.068180.0100get 0.0050% / 4h22m 14s$578K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.007% → −0.024%
$1.63
Slippage, 4 orders
−$868.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$884.63
Costs to cover
8.854%
Break-even
never at this rate
Slippage from Extended: live order book, 34 min ago; KuCoin: live order book, 61 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, 34 min ago1.54 bp17.1 bp −$17222.9 bp −$2,229doesn't fitdoesn't fit
Sell KuCoin live order book, 61 min ago18.92 bp368.9 bp −$369934.3 bp −$9,343doesn'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+0.0057%4h0.06812−0.095%$257K$47K25xas long as short
Aster BASEDUSDT+0.0100%4h0.06813−0.076%$29K$6K5xas long as short
Binance BASEDUSDT+0.0100%4h0.06819+0.007%$4.2M$3.2M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06804−0.213%$2.1M$708K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06811−0.110%$2.7M$3.8M20xas long as short
Gate BASED_USDT+0.0100%4h0.06806−0.183%$534K$596K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06819+0.007%$4.9M$593K50xas long as short
KuCoin BASEDUSDTMshort+0.0100%4h0.06818−0.007%$578K$73K20x
Bitget BASEDUSDT+0.0100%4h0.06823+0.066%$1.3M$370K25xas long as short
BingX BASED-USDT+0.0100%4h0.06812−0.095%$1.7Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BASED+0.0100%4h0.06799−0.290%$94K$15Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06792−0.382%$95K$382K10xas long as short
SunX BASED-USDT+0.0100%4h0.06816−0.037%$1K$901K20xas long as short
Extended BASED-USDlong+0.0104%1h0.06818long leg$1K$199K5x
Orderly PERP_BASED_USDC+0.0269%4h0.06820+0.022%$3K$66410xas long as short