Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Binance against Extended−0.024%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3083.085% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.024%, 7d avg +0.033%
=Together, before fees+0.034%+ 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: Binance is 0.057% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01640 | 0.0712 | pay 0.0089% / 1h | 48m 51s | $4K | $141K | 5x |
| Short | Binance USUSDT | 0.01640 | 0.0715 | get 0.0358% / 4h | 48m 51s | $9.2M | $3.1M | 10x |
Extended US-USD
Binance USUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.71
- Price spread: −0.024% → +0.033%
- −$5.72
- Slippage, 4 orders
- −$293.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$313.47
- Costs to cover
- 3.085%
- Break-even
- 3116.8 days
Slippage from Extended: live order book, 27 min ago; Binance: live order book, 6 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, 27 min ago | 4.90 bp | 93.1 bp −$93 | 845.8 bp −$8,458 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.31 bp | 37.2 bp −$37 | 219.9 bp −$2,199 | 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 | −0.0128% | 4h | 0.01635 | −0.298% | $4.2M | $278K | 20x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01641 | +0.049% | $3.2M | $863K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01636 | −0.243% | $2.1M | $547K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01641 | +0.043% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0585% | 4h | 0.01636 | −0.268% | $12K | $55K | 5x | as long as short |
| Bitget USUSDT | +0.0598% | 4h | 0.01643 | +0.196% | $4.3M | $249K | 10x | as long as short |
| BingX US-USDT | +0.0608% | 4h | 0.01640 | +0.013% | — | $1.3M | — | as long as short |
| BloFin US-USDT | +0.0669% | 4h | 0.01641 | +0.049% | $477K | $49K | 10x | as long as short |
| MEXC US_USDT | +0.0676% | 4h | 0.01640 | −0.005% | $5.5M | $114K | 100x | as long as short |
| Extended US-USDlong | +0.0712% | 1h | 0.01640 | long leg | $4K | $141K | 5x |
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Variational Omni US
Aster USUSDT
Bitget USUSDT
BingX US-USDT
BloFin US-USDT
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDTshort | +0.0715% | 4h | 0.01640 | −0.024% | $9.2M | $3.1M | 10x |