Funding you earn now, next payment 01:00 UTC−0.0326%/8h= −35.7% APRpaid last 24h −0.024%
Price spread now: Bitget against Extended+0.185%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as 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)−0.128%−$13 · spread now +0.185%, 7d avg +0.098%
=Together, before fees−0.286%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.087% dearer against Extended than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of +0.098%): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.158% in total) that is about 3.9 days.
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 | Extended US-USD | 0.01646 | 0.0816 | pay 0.0102% / 1h | 58m 52s | $4K | $141K | 5x |
| Short | Bitget USUSDT | 0.01649 | 0.0490 | get 0.0245% / 4h | 3h 58m | $4.3M | $251K | 10x |
Extended US-USD
Bitget USUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$68.46
- Price spread: +0.185% → +0.098%
- $8.7
- Slippage, 4 orders
- −$319.66
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$396.41
- Costs to cover
- 3.367%
- Break-even
- never at this rate
Slippage from Extended: live order book, 12 min ago; Bitget: live order book, 9 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, 12 min ago | 6.71 bp | 135.3 bp −$135 | 905.7 bp −$9,057 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 14.90 bp | 45.9 bp −$46 | 208.6 bp −$2,086 | 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 | 0.01648 | +0.100% | $3.2M | $869K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01643 | −0.216% | $2.1M | $550K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01642 | −0.270% | $4.2M | $278K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01646 | −0.035% | $16K | $3K | — | as long as short |
| Bitget USUSDTshort | +0.0490% | 4h | 0.01649 | +0.185% | $4.3M | $251K | 10x | |
| Aster USUSDT | +0.0738% | 4h | 0.01644 | −0.131% | $12K | $55K | 5x | as long as short |
| BingX US-USDT | +0.0774% | 4h | 0.01649 | +0.167% | — | $1.3M | — | as long as short |
| MEXC US_USDT | +0.0814% | 4h | 0.01648 | +0.100% | $5.5M | $112K | 100x | as long as short |
| Binance USUSDT | +0.0815% | 4h | 0.01648 | +0.105% | $9.2M | $3.1M | 10x | as long as short |
| Extended US-USDlong | +0.0816% | 1h | 0.01646 | long leg | $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 | −0.045% | $478K | $49K | 10x | as long as short |
BloFin US-USDT