Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.004%
Price spread now: Gate against Extended+0.056%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2062.060% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.056%, 7d avg +0.043%
=Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended S-USD | 0.03993 | 0.0104 | pay 0.0013% / 1h | 6m 33s | $224K | $1.1M | 10x |
| Short | Gate S_USDT | 0.03995 | 0.0100 | get 0.0050% / 4h | 3h 06m | $329K | $218K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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: +0.056% → +0.043%
- $1.29
- Slippage, 4 orders
- −$185.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$205.52
- Costs to cover
- 2.060%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Gate: live order book, 63 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 Extended live order book, 2 min ago | 3.75 bp | 43.4 bp −$43 | 267.7 bp −$2,677 | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 8.92 bp | 60.5 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.2019% | 1h | 0.04001 | +0.204% | $34K | $23K | 10x | as long as short |
| 01 Exchange SUSD | −0.1656% | 1h | 0.03990 | −0.069% | $25K | $2K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.1240% | 1h | 0.03959 | −0.845% | $49K | $5K | 25x | as long as short |
| Variational Omni S | −0.0682% | 4h | 0.03997 | +0.102% | $621K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04002 | +0.222% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03999 | +0.166% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04002 | +0.222% | $617 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0027% | 4h | 0.04001 | +0.207% | $102K | $331K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +2.686% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04005 | +0.307% | $164K | $192K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04001 | +0.199% | $1.0M | $621K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04003 | +0.250% | $44K | $141K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03993 | +0.006% | $5.5M | $15.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03988 | −0.119% | $5.7M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03994 | +0.031% | $979K | $4.5M | 20x | as long as short |
| Gate S_USDTshort | +0.0100% | 4h | 0.03995 | +0.056% | $329K | $218K | 50x | |
| MEXC S_USDT | +0.0100% | 4h | 0.03997 | +0.106% | $3.6M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03998 | +0.131% | $1.8M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03995 | +0.056% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03995 | +0.056% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04010 | +0.432% | $26K | $446K | 50x | as long as short |
| Extended S-USDlong | +0.0104% | 1h | 0.03993 | long leg | $224K | $1.1M | 10x | |
| Backpack S_USDC_PERP | +0.0298% | 1h | 0.04010 | +0.432% | $117K | $324K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04006 | +0.332% | $271K | $127K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0500% | 1h | 0.04005 | +0.307% | $67K | $10K | 10x | as long as short |
Extended S-USD
Gate S_USDT
Kraken Futures PF_SUSD
01 Exchange SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Backpack S_USDC_PERP
BloFin S-USDT
Deribit S_USDC-PERPETUAL