Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.039%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3133.127% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.039%, 7d avg +0.048%
=Together, before fees−0.009%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOUSDT | 0.1489 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $1.1M | $662K | 25x |
| Short | Extended IO-USD | 0.1490 | 0.0104 | get 0.0013% / 1h | 2m 46s | $2K | $207K | 5x |
Bybit IOUSDT
Extended IO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.039% → +0.048%
- −$0.91
- Slippage, 4 orders
- −$296.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$312.78
- Costs to cover
- 3.127%
- Break-even
- 2613.5 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 39 min ago.
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 Bybit live order book, 3 min ago | 3.36 bp | 95.6 bp −$96 | 577.4 bp −$5,774 | doesn't fit | doesn't fit |
| Sell Extended live order book, 39 min ago | 6.37 bp | 66.9 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
IO on 14 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IO | +0.0100% | 1h | 0.1490 | +0.074% | $995K | $267K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1490 | +0.068% | $23K | $42K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1490 | +0.067% | $3.0M | $5.0M | 50x | as long as short |
| Bybit IOUSDTlong | +0.0100% | 4h | 0.1489 | long leg | $1.1M | $662K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1491 | +0.128% | $231K | $481K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1488 | −0.067% | $1.2M | $227K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1489 | 0.000% | $335K | $194K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1492 | +0.201% | $1.4M | $994K | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1489 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni IO | +0.0100% | 4h | 0.1492 | +0.184% | $30K | $18K | — | as long as short |
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDT
Variational Omni IOShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IO-USDshort | +0.0104% | 1h | 0.1490 | +0.039% | $2K | $207K | 5x | |
| BloFin IO-USDT | +0.0156% | 4h | 0.1494 | +0.336% | $192K | $34K | 50x | as long as short |
| Injective IO/USDC PERP | +0.0204% | 1h | 0.1498 | +0.604% | $2K | $201 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +3.8624% | 1h | 0.1493 | +0.251% | $39K | $7K | 10x | as long as short |
BloFin IO-USDT
Injective IO/USDC PERP
Kraken Futures PF_IOUSD