Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.007%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1731.733% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.007%, 7d avg −0.025%
=Together, before fees−0.100%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01188 | 0.0104 | pay 0.0013% / 1h | 23m 54s | $62K | $235K | 5x |
| Short | BingX W-USDT | 0.01188 | 0.0100 | get 0.0050% / 4h | 23m 54s | — | $6.8M | — |
Extended W-USD
BingX W-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$0.84
- Price spread: −0.007% → −0.025%
- $1.8
- Slippage, 4 orders
- −$158.27
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$172.32
- Costs to cover
- 1.733%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; BingX: live order book, 13 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, 33 min ago | 1.69 bp | 82.5 bp −$82 | 385.0 bp −$3,850 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 5.51 bp | 24.0 bp −$24 | 66.2 bp −$662 | 467.9 bp −$46.8K | 1050.3 bp −$525.1K |
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 | −0.0254% | 1h | 0.01189 | +0.043% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.752% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01189 | +0.068% | $2.0M | $341K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01189 | +0.055% | $3.0M | $6.5M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01187 | −0.134% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01187 | −0.117% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01187 | −0.100% | $449K | $229K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01189 | +0.052% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01187 | −0.100% | $384K | $214K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01189 | +0.068% | $1.3M | $580K | 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-USDTshort | +0.0100% | 4h | 0.01188 | −0.007% | — | $6.8M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01186 | −0.211% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01188 | +0.014% | $128K | $414K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01188 | long leg | $62K | $235K | 5x | |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01190 | +0.127% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0801% | 1h | 0.01190 | +0.186% | $44K | $43K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1678% | 1h | 0.01191 | +0.258% | $148K | $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