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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −2.434%
Price spread now: 01 Exchange against Extended−0.008%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.039100.0104pay 0.0013% / 1h4m 16s$219K$883K10x
Short01 Exchange SUSD0.039100.0032get 0.0004% / 1h4m 16s$24K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$15.12
Price spread: −0.008% → 0.000%
−$0.82
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$27.94
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 19 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 19 min ago3.83 bp31.2 bp −$31249.9 bp −$2,499doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

S on 24 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
Kraken Futures PF_SUSD−0.1459%1h0.03911+0.027%$33K$30K10xas long as short
Coinbase International S-PERP-INTX−0.1264%1h0.03826−2.156%$47K$5K25xas long as short
Variational Omni S−0.0823%4h0.03900−0.256%$607K$34Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0192% / S +0.0186%1h0.03916+0.148%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03908−0.057%$415xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h0.03919+0.222%$66K$10K10xas long as short
Orderly PERP_S_USDC+0.0003%4h0.03913+0.069%$100K$346K10xas long as short
Aster SUSDT+0.0021%4h0.03912+0.031%$43K$212K10xas long as short
01 Exchange SUSDshort+0.0032%1h0.03910−0.008%$24K$3K5x
Injective S/USDC PERP+0.0033%1h0.04100+4.851%$2K$37K12xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter S+0.0096%1h0.03916+0.145%$164K$240K5xas long as short
Hyperliquid S+0.0100%1h0.03911+0.028%$982K$877K5xas long as short
Binance SUSDT+0.0100%4h0.03914+0.094%$5.3M$23.2M75xas long as short
Bybit SUSDT+0.0100%4h0.03910−0.008%$5.6M$6.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03913+0.069%$975K$7.2M20xas long as short
Gate S_USDT+0.0100%4h0.03905−0.136%$319K$293K50xas long as short
MEXC S_USDT+0.0100%4h0.03909−0.034%$3.4M$2.6M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03906−0.110%$1.8M$3.1M50xas long as short
Bitget SUSDT+0.0100%4h0.03911+0.017%$1.2M$2.9M50xas long as short
BingX S-USDT+0.0100%4h0.03909−0.034%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03910−0.008%$23K$470K50xas long as short
Extended S-USDlong+0.0104%1h0.03910long leg$219K$883K10x
BloFin S-USDT+0.0340%4h0.03904−0.162%$267K$146K75xas long as short
Backpack S_USDC_PERP+0.0541%1h0.03920+0.248%$114K$298K5xas long as short