Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Extended against Binance+0.017%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3283.276% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.017%, 7d avg −0.034%
=Together, before fees−0.014%+ Points / potential airdropExtended: Active · farm board−$1 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 0.051% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01642 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $9.2M | $3.1M | 10x |
| Short | Extended US-USD | 0.01642 | 0.0104 | get 0.0013% / 1h | 9m 31s | $4K | $141K | 5x |
Binance USUSDT
Extended US-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: +0.017% → −0.034%
- $5.1
- Slippage, 4 orders
- −$312.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$321.64
- Costs to cover
- 3.276%
- Break-even
- 2687.3 days
Slippage from Binance: live order book, 15 min ago; Extended: live order book, 11 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 Binance live order book, 15 min ago | 1.52 bp | 44.5 bp −$44 | 306.4 bp −$3,064 | doesn't fit | doesn't fit |
| Sell Extended live order book, 11 min ago | 6.08 bp | 113.5 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0064% | 4h | 0.01638 | −0.195% | $4.2M | $275K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01641 | −0.037% | $12K | $54K | 5x | as long as short |
| Binance USUSDTlong | +0.0100% | 4h | 0.01642 | long leg | $9.2M | $3.1M | 10x | |
| Bybit USUSDT | +0.0100% | 4h | 0.01642 | +0.024% | $3.2M | $842K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01640 | −0.085% | $2.1M | $548K | 20x | as long as short |
| MEXC US_USDT | +0.0100% | 4h | 0.01642 | +0.030% | $5.5M | $117K | 100x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01643 | +0.113% | $16K | $3K | — | as long as short |
| Extended US-USDshort | +0.0104% | 1h | 0.01642 | +0.017% | $4K | $141K | 5x | |
| BloFin US-USDT | +0.0126% | 4h | 0.01643 | +0.079% | $480K | $49K | 10x | as long as short |
| Bitget USUSDT | +0.0382% | 4h | 0.01644 | +0.164% | $4.3M | $243K | 10x | as long as short |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Gate US_USDT
MEXC US_USDT
Variational Omni US
BloFin US-USDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0394% | 4h | 0.01643 | +0.061% | — | $1.3M | — | as long as short |
BingX US-USDT