Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: Binance against Extended+0.029%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.984%+$98 · spread now +0.029%, 7d avg +0.059%
=Together, before fees+0.971%+ Points / potential airdropExtended: Active · farm board+$97 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: Binance is 0.029% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 195.13 | 0 | get 0.0000% / 1h | 24m 51s | $113K | $852K | 10x |
| Short | Binance COINUSDT | 195.19 | 0 | get 0.0000% / 8h | 2h 24m | $14.6M | $81.3M | 20x |
Extended COIN_24_5-USD
Binance COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- Price spread: +0.029% → +0.059%
- −$2.95
- Slippage, 4 orders
- −$19.59
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.54
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from Extended: live order book, 23 min ago; Binance: live order book, 3 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, 23 min ago | 0.25 bp | 8.2 bp −$8 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.51 bp | 9.1 bp −$9 | 16.1 bp −$161 | 61.2 bp −$6,121 | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0851% | 8h | 195.33 | +0.102% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.11 | −0.011% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0128% | 8h | 195.21 | +0.041% | $1.2M | $7.4M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0112% | 1h | 194.43 | −0.359% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.21 | +0.039% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 195.13 | long leg | $113K | $852K | 10x | |
| Binance COINUSDTshort | 0.0000% | 8h | 195.19 | +0.029% | $14.6M | $81.3M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 195.12 | −0.005% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.20 | +0.036% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.11 | −0.009% | $708K | $962K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.58 | +0.232% | $15K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 194.97 | −0.082% | $454K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 195.12 | −0.005% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.35 | +0.112% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 194.85 | −0.144% | $15.1M | $13.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 194.97 | −0.082% | $127K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.05 | −0.041% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.98 | −0.077% | $363K | $2.8M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 195.00 | −0.067% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 194.98 | −0.077% | $983K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.98 | −0.077% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.06 | −0.036% | $564 | $4K | 10x | as long as short |
| Lighter COIN | +0.0104% | 1h | 195.01 | −0.063% | $348K | $2.2M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.09 | −0.022% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.11 | −0.011% | $187K | $417K | 20x | as long as short |
| edgeX COINUSDC | +0.0690% | 4h | 195.16 | +0.015% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Lighter COIN
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC