Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.145%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3583.583% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.145%, 7d avg −0.022%
=Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 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 0.124% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WUSDTM | 0.01189 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $452K | $219K | 50x |
| Short | Extended W-USD | 0.01187 | 0.0104 | get 0.0013% / 1h | 2m 02s | $60K | $240K | 5x |
KuCoin WUSDTM
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: −0.145% → −0.022%
- −$12.36
- Slippage, 4 orders
- −$341.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$369.82
- Costs to cover
- 3.583%
- Break-even
- 3088.9 days
Slippage from KuCoin: live order book, 50 min ago; Extended: live order book, 5 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 KuCoin live order book, 50 min ago | 12.62 bp | 112.1 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 2.93 bp | 35.4 bp −$35 | 275.5 bp −$2,755 | 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 | −0.0171% | 1h | 0.01188 | −0.076% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.682% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01188 | −0.084% | $2.0M | $406K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01187 | −0.130% | $3.0M | $6.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01186 | −0.219% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01187 | −0.202% | $1.3M | $2.0M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01185 | −0.320% | $447K | $284K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01187 | −0.135% | $12.9M | $1.5M | 50x | as long as short |
| KuCoin WUSDTMlong | +0.0100% | 4h | 0.01189 | long leg | $452K | $219K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01188 | −0.084% | $1.3M | $569K | 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
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01187 | −0.160% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01191 | +0.137% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01193 | +0.369% | $132K | $377K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01187 | −0.145% | $60K | $240K | 5x | |
| Coinbase International W-PERP-INTX | +0.0280% | 1h | 0.01191 | +0.126% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1270% | 1h | 0.01189 | +0.025% | $45K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1321% | 1h | 0.01190 | +0.112% | $147K | $181K | 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