Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.032%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1711.715% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.032%, 7d avg +0.025%
=Together, before fees+0.139%+ Points / potential airdropExtended: Active · farm board+$14 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 0.058% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX W-USDT | 0.01182 | 0.0100 | pay 0.0050% / 4h | 41m 12s | — | $6.8M | — |
| Short | Extended W-USD | 0.01181 | 0.0104 | get 0.0013% / 1h | 41m 12s | $59K | $231K | 5x |
BingX W-USDT
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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: −0.032% → +0.025%
- −$5.79
- Slippage, 4 orders
- −$156.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$176.44
- Costs to cover
- 1.715%
- Break-even
- 1477.4 days
Slippage from BingX: live order book, 11 min ago; Extended: live order book, 16 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 BingX live order book, 11 min ago | 3.81 bp | 20.8 bp −$21 | 59.0 bp −$590 | 691.0 bp −$69.1K | 1132.5 bp −$566.2K |
| Sell Extended live order book, 16 min ago | 1.69 bp | 42.4 bp −$42 | 300.9 bp −$3,009 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01182 | 0.000% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.310% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01183 | +0.110% | $2.0M | $345K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01182 | +0.017% | $2.9M | $6.5M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01180 | −0.169% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01181 | −0.034% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01181 | −0.085% | $447K | $229K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01182 | +0.008% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01180 | −0.144% | $378K | $212K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01182 | +0.025% | $1.3M | $582K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTlong | +0.0100% | 4h | 0.01182 | long leg | — | $6.8M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01179 | −0.234% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01180 | −0.186% | $128K | $410K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01181 | −0.032% | $59K | $231K | 5x | |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01186 | +0.364% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0526% | 1h | 0.01184 | +0.169% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1688% | 1h | 0.01184 | +0.209% | $147K | $183K | 20x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD