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

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.101%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2362.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.257%−$26 on $10k
Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.101%, 7d avg −0.171%
Together, before fees−0.434%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.070% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.171%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended H-USD0.067890.0104pay 0.0013% / 1h1m 02s$9K$102K5x
ShortBybit HUSDT0.067820.0100get 0.0050% / 4h2h 01m$7.4M$4.7M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.101% → −0.171%
$7.01
Slippage, 4 orders
−$219.86
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$229.69
Costs to cover
2.359%
Break-even
never at this rate
Slippage from Extended: live order book, 52 min ago; Bybit: live order book, 2 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, 52 min ago2.19 bp75.2 bp −$75538.3 bp −$5,383doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.68 bp32.7 bp −$33157.6 bp −$1,576doesn't fitdoesn't fit

H on 13 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
Injective H/USDC PERP+0.0033%1h0.06250−7.937%$1K$15.5xas long as short
Aster HUSDT+0.0100%4h0.06783−0.091%$112K$55K5xas long as short
Binance HUSDT+0.0100%4h0.06792+0.050%$14.6M$10.9M10xas long as short
Bybit HUSDTshort+0.0100%4h0.06782−0.101%$7.4M$4.7M13x
OKX H-USDT-SWAP+0.0100%4h0.06795+0.091%$1.8M$6.0M10xas long as short
Gate H_USDT+0.0100%4h0.06779−0.145%$2.8M$1.9M10xas long as short
MEXC H_USDT+0.0100%4h0.06789+0.002%$6.1M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.06782−0.101%$1.6M$10.0M8xas long as short
Bitget HUSDT+0.0100%4h0.06762−0.396%$1.7M$450K4xas long as short
BingX H-USDT+0.0100%4h0.06779−0.145%$2.7Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.06778−0.163%$8K$9Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06799+0.151%$1.1M$437K10xas long as short
Extended H-USDlong+0.0104%1h0.06789long leg$9K$102K5x