Funding you earn now, next payment 22:00 UTC−0.0350%/8h= −38.3% APRpaid last 24h −0.013%
Price spread now: Extended against BingX−0.019%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3233.226% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now −0.019%, 7d avg −0.144%
=Together, before fees−0.271%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.125% dearer against BingX than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.144%): +$12 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.104% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01647 | 0.0454 | pay 0.0227% / 4h | 2h 23m | — | $1.3M | — |
| Short | Extended US-USD | 0.01646 | 0.0104 | get 0.0013% / 1h | 23m 11s | $4K | $141K | 5x |
BingX US-USDT
Extended US-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- −$73.5
- Price spread: −0.019% → −0.144%
- $12.47
- Slippage, 4 orders
- −$307.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$383.6
- Costs to cover
- 3.226%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Extended: live order book, 62 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 BingX live order book, 3 min ago | 5.47 bp | 50.1 bp −$50 | 202.8 bp −$2,028 | 1086.3 bp −$108.6K | doesn't fit |
| Sell Extended live order book, 62 min ago | 5.74 bp | 91.9 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0054% | 4h | 0.01639 | −0.468% | $4.2M | $275K | 20x | as long as short |
| BloFin US-USDT | +0.0077% | 4h | 0.01648 | +0.061% | $483K | $49K | 10x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01644 | −0.189% | $12K | $54K | 5x | as long as short |
| Binance USUSDT | +0.0100% | 4h | 0.01646 | −0.024% | $9.2M | $3.1M | 10x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01646 | −0.049% | $3.3M | $840K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01643 | −0.213% | $2.1M | $545K | 20x | as long as short |
| MEXC US_USDT | +0.0100% | 4h | 0.01647 | +0.018% | $5.5M | $117K | 100x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01643 | −0.204% | $16K | $3K | — | as long as short |
| Extended US-USDshort | +0.0104% | 1h | 0.01646 | −0.019% | $4K | $141K | 5x | |
| Bitget USUSDT | +0.0444% | 4h | 0.01646 | −0.061% | $4.3M | $243K | 10x | as long as short |
KuCoin USUSDTM
BloFin US-USDT
Aster USUSDT
Binance USUSDT
Bybit USUSDT
Gate US_USDT
MEXC US_USDT
Variational Omni US
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDTlong | +0.0454% | 4h | 0.01647 | long leg | — | $1.3M | — |