Funding you earn now, next payment 01:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h +0.024%
Price spread now: Extended against Bitget−0.130%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3373.367% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.130%, 7d avg −0.098%
=Together, before fees+0.230%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.031% cheaper against Bitget than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.098%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.158% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUSDT | 0.01648 | 0.0490 | pay 0.0245% / 4h | 3h 59m | $4.3M | $251K | 10x |
| Short | Extended US-USD | 0.01646 | 0.0816 | get 0.0102% / 1h | 59m 04s | $4K | $141K | 5x |
Bitget USUSDT
Extended US-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $68.46
- Price spread: −0.130% → −0.098%
- −$3.15
- Slippage, 4 orders
- −$319.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$271.35
- Costs to cover
- 3.367%
- Break-even
- 34.7 days
Slippage from Bitget: live order book, 9 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 Bitget live order book, 9 min ago | 14.90 bp | 50.6 bp −$51 | 458.8 bp −$4,588 | doesn't fit | doesn't fit |
| Sell Extended live order book, 11 min ago | 6.71 bp | 104.9 bp −$105 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01649 | +0.067% | $3.2M | $870K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01645 | −0.170% | $2.1M | $549K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01642 | −0.370% | $4.2M | $278K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01646 | −0.129% | $16K | $3K | — | as long as short |
| Bitget USUSDTlong | +0.0490% | 4h | 0.01648 | long leg | $4.3M | $251K | 10x | |
| Aster USUSDT | +0.0738% | 4h | 0.01644 | −0.225% | $12K | $55K | 5x | as long as short |
| BingX US-USDT | +0.0774% | 4h | 0.01649 | +0.079% | — | $1.3M | — | as long as short |
| MEXC US_USDT | +0.0814% | 4h | 0.01647 | −0.067% | $5.5M | $112K | 100x | as long as short |
| Binance USUSDT | +0.0815% | 4h | 0.01647 | −0.074% | $9.2M | $3.1M | 10x | as long as short |
| Extended US-USDshort | +0.0816% | 1h | 0.01646 | −0.130% | $4K | $141K | 5x |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
BingX US-USDT
MEXC US_USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0868% | 4h | 0.01646 | −0.140% | $478K | $49K | 10x | as long as short |
BloFin US-USDT