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

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.281%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$2232.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.207%−$21 on $10k
Price spread, last 4 days (all we have)−0.410%−$41 · spread now +0.281%, 7d avg +0.019%
Together, before fees−0.617%+ Points / potential airdropExtended: Active · farm board−$62 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: OKX is 0.262% dearer against Extended than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended H-USD0.067850.0104pay 0.0013% / 1h53m 32s$10K$101K5x
ShortOKX H-USDT-SWAP0.068040.0100get 0.0050% / 4h1h 53m$1.8M$6.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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: +0.281% → +0.019%
$26.22
Slippage, 4 orders
−$208.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$197.99
Costs to cover
2.234%
Break-even
never at this rate
Slippage from Extended: live order book, 60 min ago; OKX: live order book, 4 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 Extended live order book, 60 min ago2.19 bp75.2 bp −$75538.3 bp −$5,383doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago2.20 bp36.5 bp −$37doesn't fitdoesn't fitdoesn't fit

H on 13 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
Injective H/USDC PERP+0.0033%1h0.06250−7.884%$1K$15.5xas long as short
Aster HUSDT+0.0100%4h0.06783−0.031%$112K$55K5xas long as short
Binance HUSDT+0.0100%4h0.06788+0.044%$14.6M$10.9M10xas long as short
Bybit HUSDT+0.0100%4h0.06792+0.104%$7.4M$4.7M13xas long as short
OKX H-USDT-SWAPshort+0.0100%4h0.06804+0.281%$1.8M$6.0M10x
Gate H_USDT+0.0100%4h0.06780−0.073%$2.8M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.06783−0.029%$6.1M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.06776−0.132%$1.6M$10.0M8xas long as short
Bitget HUSDT+0.0100%4h0.06760−0.368%$1.7M$453K4xas long as short
BingX H-USDT+0.0100%4h0.06787+0.030%$2.7Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.06786+0.014%$8K$9Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06814+0.428%$1.1M$437K10xas long as short
Extended H-USDlong+0.0104%1h0.06785long leg$10K$101K5x