Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.053%
Price spread now: OKX against Extended+0.029%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.029%, 7d avg +0.042%
=Together, before fees−0.133%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended S-USD | 0.03909 | 0.0104 | pay 0.0013% / 1h | 22m 16s | $220K | $877K | 10x |
| Short | OKX S-USDT-SWAP | 0.03910 | 0.0100 | get 0.0050% / 4h | 22m 16s | $977K | $4.9M | 20x |
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 itlatest
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: +0.029% → +0.042%
- −$1.28
- Slippage, 4 orders
- −$135.07
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$152.2
- Costs to cover
- 1.501%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; OKX: live order book, 5 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, 56 min ago | 5.13 bp | 36.5 bp −$36 | 259.4 bp −$2,594 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.56 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.5880% | 1h | 0.03850 | −1.506% | $23K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2136% | 1h | 0.03904 | −0.118% | $33K | $25K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1336% | 1h | 0.03826 | −2.120% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0978% | 4h | 0.03906 | −0.072% | $608K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0203% / S +0.0195% | 1h | 0.03914 | +0.129% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03910 | +0.017% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03912 | +0.092% | $603 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0031% | 4h | 0.03912 | +0.080% | $100K | $339K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.890% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03914 | +0.132% | $164K | $217K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03913 | +0.103% | $980K | $677K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03917 | +0.219% | $43K | $145K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03910 | +0.032% | $5.3M | $17.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03904 | −0.124% | $5.6M | $5.3M | 50x | as long as short |
| OKX S-USDT-SWAPshort | +0.0100% | 4h | 0.03910 | +0.029% | $977K | $4.9M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.03912 | +0.080% | $319K | $259K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03910 | +0.029% | $3.6M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03910 | +0.029% | $1.8M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03916 | +0.183% | $1.2M | $2.5M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03907 | −0.047% | — | $6.7M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.03910 | +0.029% | $114K | $313K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03910 | +0.029% | $25K | $452K | 50x | as long as short |
| Extended S-USDlong | +0.0104% | 1h | 0.03909 | long leg | $220K | $877K | 10x | |
| BloFin S-USDT | +0.0340% | 4h | 0.03906 | −0.073% | $266K | $125K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0516% | 1h | 0.03917 | +0.208% | $66K | $10K | 10x | as long as short |
Extended S-USD
OKX S-USDT-SWAP
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
BloFin S-USDT
Deribit S_USDC-PERPETUAL