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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.337%7-day average +0.273% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1871.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.337%, 7d avg +0.273%
Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 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 0.064% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.273%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019670.0100pay 0.0100% / 8h4h 46m$4.2M$2.7M50x
ShortExtended DEEP-USD0.019740.0104get 0.0013% / 1h46m 31s$3K$198K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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: +0.337% → +0.273%
$6.36
Slippage, 4 orders
−$171.1
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$179.9
Costs to cover
1.871%
Break-even
1506.2 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 10 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 Bybit live order book, 1 min ago7.62 bp32.8 bp −$33340.9 bp −$3,409doesn't fitdoesn't fit
Sell Extended live order book, 10 min ago6.04 bp61.8 bp −$62doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.5996%1h0.01972+0.254%$80K$13K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01974+0.356%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.01967long leg$4.2M$2.7M50x
Gate DEEP_USDT+0.0100%4h0.01971+0.203%$304K$96K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01974+0.356%$1.1M$461K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01975+0.407%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01973+0.305%$812K$596K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01972+0.254%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01971+0.186%$13K$9Kas long as short
Extended DEEP-USDshort+0.0104%1h0.01974+0.337%$3K$198K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0104%8h0.01969+0.102%$138K$34K50xas long as short
Kraken Futures PF_DEEPUSD+3.2343%1h0.01969+0.118%$7K$7K10xas long as short