Settings8H · net · $10k
Funding arb · Price arb /

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.071%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.071%, 7d avg +0.055%
Together, before fees+0.022%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BASED-USDT-SWAP0.067720.0100pay 0.0050% / 4h1h 35m$2.6M$3.4M20x
ShortExtended BASED-USD0.067770.0104get 0.0013% / 1h35m 11s$5K$226K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.071% → +0.055%
$1.62
Slippage, 4 orders
−$87.37
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$99.91
Costs to cover
1.024%
Break-even
839.6 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.74 bp16.5 bp −$1695.8 bp −$958doesn't fitdoesn't fit
Sell Extended live order book, 47 min ago1.70 bp47.4 bp −$47285.5 bp −$2,855doesn't fitdoesn't fit

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BASED-USDT+0.0073%4h0.06771−0.015%$250K$37K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06778+0.089%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06762−0.148%$2.1M$579K25xas long as short
OKX BASED-USDT-SWAPlong+0.0100%4h0.06772long leg$2.6M$3.4M20x
Gate BASED_USDT+0.0100%4h0.06769−0.044%$538K$522K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06781+0.133%$4.8M$645K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06768−0.059%$567K$108K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06780+0.118%$1.3M$362K25xas long as short
BingX BASED-USDT+0.0100%4h0.06767−0.074%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06768−0.056%$93K$22Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06730−0.620%$97K$354K10xas long as short
SunX BASED-USDT+0.0100%4h0.06776+0.059%$1K$801K20xas long as short
Extended BASED-USDshort+0.0104%1h0.06777+0.071%$5K$226K5x
Aster BASEDUSDT+0.0140%4h0.06769−0.047%$28K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0341%4h0.06780+0.118%$3K$65210xas long as short