Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.052%
Price spread now: Extended against OKX+0.052%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.052%, 7d avg −0.043%
=Together, before fees−0.040%+ Points / potential airdropExtended: Active · farm board−$4 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 0.094% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX S-USDT-SWAP | 0.03915 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $976K | $7.1M | 20x |
| Short | Extended S-USD | 0.03917 | 0.0104 | get 0.0013% / 1h | 59m 49s | $219K | $883K | 10x |
OKX S-USDT-SWAP
Extended S-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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: +0.052% → −0.043%
- $9.45
- Slippage, 4 orders
- −$120.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$124.83
- Costs to cover
- 1.351%
- Break-even
- 1047.2 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 23 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 OKX live order book, 3 min ago | 1.28 bp | 35.0 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 23 min ago | 3.83 bp | 42.2 bp −$42 | 276.1 bp −$2,761 | 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 | −0.1454% | 1h | 0.03924 | +0.241% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −2.273% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0787% | 4h | 0.03914 | −0.029% | $609K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0192% / S +0.0186% | 1h | 0.03924 | +0.232% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03920 | +0.123% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03924 | +0.231% | $605 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0014% | 4h | 0.03921 | +0.153% | $100K | $348K | 10x | as long as short |
| 01 Exchange SUSD | +0.0016% | 1h | 0.03920 | +0.128% | $24K | $3K | 5x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.725% | $2K | $37K | 12x | as long as short |
| Aster SUSDT | +0.0038% | 4h | 0.03924 | +0.217% | $43K | $212K | 10x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Orderly PERP_S_USDC
01 Exchange SUSD
Injective S/USDC PERP
Aster SUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.03925 | +0.255% | $164K | $222K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03920 | +0.125% | $984K | $878K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03920 | +0.135% | $5.3M | $22.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03914 | −0.026% | $5.6M | $6.2M | 50x | as long as short |
| OKX S-USDT-SWAPlong | +0.0100% | 4h | 0.03915 | long leg | $976K | $7.1M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.03917 | +0.051% | $320K | $293K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03922 | +0.179% | $3.5M | $2.6M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03918 | +0.077% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03925 | +0.255% | $1.2M | $2.9M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03919 | +0.102% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03910 | −0.128% | $23K | $471K | 50x | as long as short |
| Extended S-USDshort | +0.0104% | 1h | 0.03917 | +0.052% | $219K | $883K | 10x | |
| Deribit S_USDC-PERPETUAL | +0.0260% | 1h | 0.03927 | +0.307% | $66K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03918 | +0.077% | $269K | $133K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0510% | 1h | 0.03930 | +0.383% | $114K | $298K | 5x | as long as short |
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Deribit S_USDC-PERPETUAL
BloFin S-USDT
Backpack S_USDC_PERP