Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.031%
Price spread now: OKX against Extended−0.189%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$1931.929% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.189%, 7d avg −0.033%
=Together, before fees+0.230%+ Points / potential airdropExtended: Active · farm board+$23 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: OKX is 0.156% cheaper against Extended than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01190 | 0.0104 | pay 0.0013% / 1h | 49m 59s | $60K | $144K | 5x |
| Short | OKX W-USDT-SWAP | 0.01188 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.3M | $1.6M | 20x |
Extended W-USD
OKX W-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.189% → −0.033%
- −$15.57
- Slippage, 4 orders
- −$177.93
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$209.34
- Costs to cover
- 1.929%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; OKX: live order book, 2 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, 56 min ago | 2.13 bp | 91.1 bp −$91 | 396.0 bp −$3,960 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 5.05 bp | 28.8 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.609% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01190 | +0.013% | $2.0M | $287K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01190 | −0.004% | $3.0M | $5.4M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01187 | −0.206% | $4.2M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAPshort | +0.0100% | 4h | 0.01188 | −0.189% | $1.3M | $1.6M | 20x | |
| Gate W_USDT | +0.0100% | 4h | 0.01186 | −0.349% | $431K | $230K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01190 | −0.004% | $12.5M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01189 | −0.071% | $398K | $196K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01190 | +0.013% | $1.3M | $585K | 50x | as long as short |
| BingX W-USDT | +0.0100% | 4h | 0.01188 | −0.147% | — | $6.7M | — | as long as short |
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDT
BingX W-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni W | +0.0100% | 4h | 0.01186 | −0.365% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01190 | +0.033% | $126K | $382K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01190 | long leg | $60K | $144K | 5x | |
| Deribit W_USDC-PERPETUAL | +0.0170% | 1h | 0.01191 | +0.105% | $14K | $3K | 10x | as long as short |
| Coinbase International W-PERP-INTX | +0.0304% | 1h | 0.01196 | +0.525% | $14K | $14K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1216% | 1h | 0.01192 | +0.164% | $44K | $39K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1543% | 1h | 0.01193 | +0.223% | $149K | $188K | 20x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Deribit W_USDC-PERPETUAL
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD