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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.004%
Price spread now: Extended against BingX+0.695%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1751.750% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.573%−$57 · spread now +0.695%, 7d avg +0.065%
Together, before fees−0.601%+ Points / potential airdropExtended: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.629% dearer against BingX than usual: you sell high and buy low (spread +0.695% now, against its 7-day average of +0.065%): +$63 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.028% in total) that is about 5 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.020010.0200pay 0.0100% / 4h50m 45s$6.7M
ShortExtended DEEP-USD0.020150.0104get 0.0013% / 1h50m 45s$5K$221K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
−$20.16
Price spread: +0.695% → +0.065%
$62.94
Slippage, 4 orders
−$160
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$132.22
Costs to cover
1.750%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Extended: live order book, 26 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 BingX live order book, 2 min ago7.51 bp30.5 bp −$3185.6 bp −$856634.3 bp −$63.4K1141.1 bp −$570.5K
Sell Extended live order book, 26 min ago6.30 bp54.1 bp −$54doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.4712%1h0.020010.000%$82K$17K20xas long as short
Binance DEEPUSDT+0.0100%4h0.02015+0.715%$2.1M$6.1M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.020010.000%$4.3M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.02011+0.500%$308K$98K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.02009+0.400%$1.1M$546K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.02018+0.850%$1.8M$93K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.02006+0.250%$870K$603K50xas long as short
Variational Omni DEEP+0.0100%8h0.01988−0.663%$13K$9Kas long as short
Extended DEEP-USDshort+0.0104%1h0.02015+0.695%$5K$221K5x
BloFin DEEP-USDT+0.0115%8h0.02004+0.150%$139K$35K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDTlong+0.0200%4h0.02001long leg$6.7M
Kraken Futures PF_DEEPUSD+1.3370%1h0.02037+1.821%$8K$7K10xas long as short