Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.013%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1761.762% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.013%, 7d avg −0.025%
=Together, before fees−0.041%+ Points / potential airdropExtended: Active · farm board−$4 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: BingX is 0.038% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01184 | 0.0104 | pay 0.0013% / 1h | 14m 06s | $59K | $146K | 5x |
| Short | BingX W-USDT | 0.01184 | 0.0100 | get 0.0050% / 4h | 2h 14m | — | $6.7M | — |
Extended W-USD
BingX W-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.013% → −0.025%
- $3.82
- Slippage, 4 orders
- −$161.23
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$173.25
- Costs to cover
- 1.762%
- Break-even
- never at this rate
Slippage from Extended: live order book, 32 min ago; BingX: live order book, 8 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, 32 min ago | 2.13 bp | 91.1 bp −$91 | 396.0 bp −$3,960 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.28 bp | 26.5 bp −$26 | 32.6 bp −$326 | 294.9 bp −$29.5K | 982.2 bp −$491.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.082% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01187 | +0.224% | $2.0M | $287K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01187 | +0.196% | $3.0M | $5.5M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01186 | +0.106% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01187 | +0.216% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01180 | −0.367% | $428K | $248K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01187 | +0.182% | $12.4M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01182 | −0.198% | $397K | $193K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01186 | +0.140% | $1.3M | $582K | 50x | as long as short |
| BingX W-USDTshort | +0.0100% | 4h | 0.01184 | +0.013% | — | $6.7M | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01189 | +0.376% | $44K | $42K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01177 | −0.607% | $72K | $40K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01181 | −0.278% | $129K | $372K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01184 | long leg | $59K | $146K | 5x | |
| Deribit W_USDC-PERPETUAL | +0.0256% | 1h | 0.01186 | +0.165% | $15K | $3K | 10x | as long as short |
| Coinbase International W-PERP-INTX | +0.0400% | 1h | 0.01185 | +0.038% | $14K | $14K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1721% | 1h | 0.01188 | +0.284% | $148K | $188K | 20x | as long as short |
Backpack W_USDC_PERP
Variational Omni W
GRVT W_USDT_Perp
Deribit W_USDC-PERPETUAL
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD