Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.031%
Price spread now: Extended against OKX+0.027%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1821.816% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.027%, 7d avg +0.033%
=Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX W-USDT-SWAP | 0.01178 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $1.3M | $1.5M | 20x |
| Short | Extended W-USD | 0.01178 | 0.0104 | get 0.0013% / 1h | 3m 15s | $59K | $146K | 5x |
OKX W-USDT-SWAP
Extended W-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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: +0.027% → +0.033%
- −$0.57
- Slippage, 4 orders
- −$166.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$181.28
- Costs to cover
- 1.816%
- Break-even
- 1517.7 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 37 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 OKX live order book, 3 min ago | 2.54 bp | 29.6 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 37 min ago | 1.68 bp | 19.3 bp −$19 | 254.0 bp −$2,540 | 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 | −0.0004% | 1h | 0.01179 | +0.119% | $14K | $4K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.658% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01180 | +0.195% | $2.0M | $285K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01178 | +0.061% | $3.0M | $5.3M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01176 | −0.110% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAPlong | +0.0100% | 4h | 0.01178 | long leg | $1.3M | $1.5M | 20x | |
| Gate W_USDT | +0.0100% | 4h | 0.01178 | +0.017% | $428K | $236K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01179 | +0.076% | $12.3M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01180 | +0.195% | $388K | $192K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01180 | +0.195% | $1.3M | $554K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
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-USDT | +0.0100% | 4h | 0.01178 | +0.025% | — | $6.7M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01179 | +0.110% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01180 | +0.228% | $124K | $383K | 10x | as long as short |
| Extended W-USDshort | +0.0104% | 1h | 0.01178 | +0.027% | $59K | $146K | 5x | |
| Coinbase International W-PERP-INTX | +0.0304% | 1h | 0.01196 | +1.562% | $14K | $13K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0654% | 1h | 0.01180 | +0.204% | $44K | $41K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1558% | 1h | 0.01182 | +0.325% | $147K | $145K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD