Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Extended against Binance−0.048%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−1.009%−$101 · spread now −0.048%, 7d avg −0.057%
=Together, before fees−0.998%+ Points / potential airdropExtended: Active · farm board−$100 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 198.27 | 0 | get 0.0000% / 8h | 5h 45m | $14.6M | $75.7M | 20x |
| Short | Extended COIN_24_5-USD | 198.17 | 0 | get 0.0000% / 1h | 45m 30s | $106K | $854K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- Price spread: −0.048% → −0.057%
- $0.94
- Slippage, 4 orders
- −$19.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$33.11
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 65 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 Binance live order book, 5 min ago | 0.25 bp | 8.4 bp −$8 | 17.8 bp −$178 | 64.0 bp −$6,398 | doesn't fit |
| Sell Extended live order book, 65 min ago | 0.25 bp | 8.1 bp −$8 | 46.3 bp −$463 | doesn't fit | doesn't fit |
COIN on 26 exchanges
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 COIN/USDC PERP | −0.0440% | 1h | 198.16 | −0.055% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.36 | +0.048% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 198.17 | −0.048% | $106K | $854K | 10x | |
| Binance COINUSDTlong | 0.0000% | 8h | 198.27 | long leg | $14.6M | $75.7M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 198.20 | −0.035% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.27 | 0.000% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.31 | +0.020% | $1.2M | $6.4M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.21 | −0.030% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.40 | +0.065% | $785K | $935K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.60 | +0.168% | $15K | $3.2M | 10x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 198.15 | −0.060% | $1.3M | $2.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.08 | −0.094% | $345K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.09 | −0.091% | $481K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.46 | +0.096% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.29 | +0.010% | — | $275K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.04 | −0.116% | $14.7M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.23 | −0.020% | $136K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.39 | +0.061% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.10 | −0.086% | $330K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0081% | 1h | 198.63 | +0.182% | $5K | $256K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.25 | −0.010% | $935K | $247K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.48 | +0.106% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.49 | +0.111% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.34 | +0.037% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.55 | +0.141% | $194K | $481K | 20x | as long as short |
| edgeX COINUSDC | +0.0491% | 4h | 198.61 | +0.173% | $51K | $295K | 10x | as long as short |
Binance COINUSDT
Extended COIN_24_5-USD
Injective COIN/USDC PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
edgeX COINUSDC