Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.001%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1801.805% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.001%, 7d avg +0.026%
=Together, before fees+0.316%+ Points / potential airdropExtended: Active · farm board+$32 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: Extended is 0.027% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX W-USDT | 0.01190 | 0.0100 | pay 0.0050% / 4h | 3h 03m | — | $6.6M | — |
| Short | Extended W-USD | 0.01190 | 0.0104 | get 0.0013% / 1h | 3m 23s | $62K | $387K | 5x |
BingX W-USDT
Extended W-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
- $0.84
- Price spread: −0.001% → +0.026%
- −$2.72
- Slippage, 4 orders
- −$165.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$182.35
- Costs to cover
- 1.805%
- Break-even
- 1526.6 days
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 29 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, 9 min ago | 5.05 bp | 21.2 bp −$21 | 64.3 bp −$643 | 702.1 bp −$70.2K | 1185.5 bp −$592.8K |
| Sell Extended live order book, 29 min ago | 1.71 bp | 44.2 bp −$44 | 314.0 bp −$3,140 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0254% | 1h | 0.01190 | +0.025% | $14K | $4K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.614% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01190 | +0.017% | $2.0M | $265K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01190 | +0.025% | $3.0M | $4.9M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01188 | −0.143% | $4.2M | $1.5M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01189 | −0.101% | $1.3M | $1.4M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01187 | −0.227% | $433K | $217K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01190 | 0.000% | $12.4M | $1.3M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01190 | +0.017% | $390K | $188K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01192 | +0.185% | $1.3M | $550K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTlong | +0.0100% | 4h | 0.01190 | long leg | — | $6.6M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01187 | −0.227% | $72K | $24K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01190 | +0.016% | $127K | $374K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01190 | −0.001% | $62K | $387K | 5x | |
| Coinbase International W-PERP-INTX | +0.0384% | 1h | 0.01193 | +0.235% | $13K | $12K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0887% | 1h | 0.01192 | +0.214% | $148K | $47K | 20x | as long as short |
| Backpack W_USDC_PERP | +0.0968% | 1h | 0.01192 | +0.168% | $45K | $49K | 15x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD
Backpack W_USDC_PERP