Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against Gate−0.080%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2442.444% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.080%, 7d avg −0.041%
=Together, before fees+0.113%+ Points / potential airdropExtended: Active · farm board+$11 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: Extended is 0.040% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate S_USDT | 0.04412 | 0.0100 | pay 0.0050% / 4h | 9m 52s | $372K | $409K | 50x |
| Short | Extended S-USD | 0.04408 | 0.0104 | get 0.0013% / 1h | 9m 52s | $251K | $1.3M | 10x |
Gate S_USDT
Extended S-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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: −0.080% → −0.041%
- −$3.98
- Slippage, 4 orders
- −$224.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$247.58
- Costs to cover
- 2.444%
- Break-even
- 2070.1 days
Slippage from Gate: live order book, 29 min ago; Extended: live order book, 1 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 Gate live order book, 29 min ago | 9.92 bp | 89.2 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 4.53 bp | 34.9 bp −$35 | 280.4 bp −$2,804 | doesn't fit | doesn't fit |
S on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.7040% | 1h | 0.04510 | +2.221% | $27K | $3K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.3689% | 1h | 0.04415 | +0.072% | $37K | $29K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1880% | 1h | 0.04346 | −1.496% | $54K | $20K | 25x | as long as short |
| Variational Omni S | −0.1241% | 4h | 0.04413 | +0.018% | $708K | $53K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0254% / S +0.0167% | 1h | 0.04437 | +0.560% | $2K | — | 100x | as long as short |
| Orderly PERP_S_USDC | −0.0189% | 4h | 0.04430 | +0.408% | $110K | $624K | 10x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04427 | +0.347% | $4 | — | 15x | as long as short |
| OKX S-USDT-SWAP | −0.0084% | 4h | 0.04404 | −0.181% | $1.3M | $7.6M | 20x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.04433 | +0.476% | $75K | $623 | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04436 | +0.549% | $684 | — | 150x | as long as short |
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Orderly PERP_S_USDC
Reya SRUSDPERP
OKX S-USDT-SWAP
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USDShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04600 | +4.261% | $2K | $2 | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04430 | +0.408% | $155K | $158K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.04421 | +0.193% | $1.1M | $1.1M | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04411 | −0.024% | $46K | $189K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04408 | −0.099% | $6.4M | $27.3M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04397 | −0.340% | $6.2M | $7.0M | 50x | as long as short |
| Gate S_USDTlong | +0.0100% | 4h | 0.04412 | long leg | $372K | $409K | 50x | |
| MEXC S_USDT | +0.0100% | 4h | 0.04417 | +0.113% | $3.8M | $3.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04413 | +0.023% | $2.1M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04418 | +0.136% | $1.3M | $3.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04403 | −0.204% | — | $7.2M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.04430 | +0.408% | $100K | $428K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04440 | +0.635% | $25K | $536K | 50x | as long as short |
| Extended S-USDshort | +0.0104% | 1h | 0.04408 | −0.080% | $251K | $1.3M | 10x | |
| BloFin S-USDT | +0.0340% | 4h | 0.04417 | +0.113% | $318K | $236K | 75x | as long as short |
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
BloFin S-USDT