Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.035%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1931.926% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.035%, 7d avg +0.009%
=Together, before fees−0.059%+ Points / potential airdropExtended: Active · farm board−$6 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: Bitget is 0.026% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01170 | 0.0104 | pay 0.0013% / 1h | 0m 30s | $60K | $151K | 5x |
| Short | Bitget WUSDT | 0.01170 | 0.0100 | get 0.0050% / 4h | 3h 00m | $1.3M | $545K | 50x |
Extended W-USD
Bitget WUSDTFunding 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
- −$0.84
- Price spread: +0.035% → +0.009%
- $2.64
- Slippage, 4 orders
- −$175.62
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$190.82
- Costs to cover
- 1.926%
- Break-even
- never at this rate
Slippage from Extended: live order book, 51 min ago; Bitget: live order book, 1 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, 51 min ago | 2.94 bp | 70.6 bp −$71 | 351.8 bp −$3,518 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.55 bp | 32.5 bp −$33 | 108.2 bp −$1,082 | 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 | −0.0177% | 1h | 0.01170 | −0.008% | $14K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.370% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01171 | +0.121% | $2.0M | $305K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01171 | +0.078% | $2.9M | $5.5M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01169 | −0.085% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01170 | +0.069% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01166 | −0.307% | $427K | $260K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01170 | +0.069% | $12.5M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01168 | −0.136% | $382K | $198K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01170 | +0.035% | $1.3M | $545K | 50x |
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 WUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01169 | −0.033% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01168 | −0.136% | $71K | $40K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01174 | +0.377% | $126K | $386K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01170 | long leg | $60K | $151K | 5x | |
| Coinbase International W-PERP-INTX | +0.0440% | 1h | 0.01170 | +0.052% | $14K | $14K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1080% | 1h | 0.01171 | +0.121% | $43K | $42K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1787% | 1h | 0.01171 | +0.157% | $145K | $185K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD