Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.027%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1501.497% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.027%, 7d avg −0.022%
=Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01178 | 0.0100 | pay 0.0050% / 4h | 13m 28s | $12.3M | $1.4M | 50x |
| Short | Extended W-USD | 0.01178 | 0.0104 | get 0.0013% / 1h | 13m 28s | $59K | $385K | 5x |
MEXC W_USDT
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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: −0.027% → −0.022%
- −$0.53
- Slippage, 4 orders
- −$140.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$149.38
- Costs to cover
- 1.497%
- Break-even
- 1251.9 days
Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 24 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 MEXC live order book, 5 min ago | 1.28 bp | 8.1 bp −$8 | 54.8 bp −$548 | 92.1 bp −$9,213 | 177.8 bp −$88.9K |
| Sell Extended live order book, 24 min ago | 2.98 bp | 57.4 bp −$57 | 340.1 bp −$3,401 | 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 | 0.01178 | −0.017% | $14K | $4K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.614% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01179 | +0.068% | $2.0M | $274K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01178 | −0.004% | $3.0M | $5.1M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01176 | −0.195% | $4.1M | $1.5M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01177 | −0.127% | $1.3M | $1.5M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01175 | −0.314% | $428K | $234K | 75x | as long as short |
| MEXC W_USDTlong | +0.0100% | 4h | 0.01178 | long leg | $12.3M | $1.4M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01177 | −0.102% | $387K | $190K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01178 | −0.017% | $1.3M | $573K | 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
KuCoin WUSDTM
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 | 0.01177 | −0.093% | — | $6.7M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01179 | +0.093% | $46K | $52K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01174 | −0.342% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01175 | −0.272% | $126K | $387K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01178 | −0.027% | $59K | $385K | 5x | |
| Coinbase International W-PERP-INTX | +0.0384% | 1h | 0.01186 | +0.654% | $13K | $13K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1321% | 1h | 0.01180 | +0.128% | $147K | $53K | 20x | as long as short |
BingX W-USDT
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD