Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: Bybit against Extended+0.023%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.023%, 7d avg +0.048%
=Together, before fees+0.125%+ Points / potential airdropExtended: Active · farm board+$13 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: Bybit is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 197.68 | 0 | get 0.0000% / 1h | 17m 01s | $117K | $694K | 10x |
| Short | Bybit COINUSDT | 197.73 | 0 | get 0.0000% / 8h | 6h 17m | $4.9M | $5.9M | 50x |
Extended COIN_24_5-USD
Bybit COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- Price spread: +0.023% → +0.048%
- −$2.44
- Slippage, 4 orders
- −$22.66
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.1
- Costs to cover
- 0.387%
- Break-even
- never at this rate
Slippage from Extended: live order book, 51 min ago; Bybit: live order book, 1 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, 51 min ago | 0.25 bp | 7.9 bp −$8 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.28 bp | 9.5 bp −$9 | 33.6 bp −$336 | 153.6 bp −$15.4K | doesn't fit |
COIN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0547% | 8h | 197.87 | +0.094% | $6.5M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.10 | −0.295% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0046% | 1h | 197.25 | −0.220% | — | $291K | 25x | as long as short |
| Gate COIN_USDT | −0.0012% | 8h | 197.70 | +0.008% | $1.2M | $7.0M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.96 | +0.141% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 197.68 | long leg | $117K | $694K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 197.71 | +0.015% | $14.8M | $77.8M | 20x | as long as short |
| Bybit COINUSDTshort | 0.0000% | 8h | 197.73 | +0.023% | $4.9M | $5.9M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.76 | +0.038% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.75 | +0.033% | $819K | $939K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
Aster COINUSDT
Binance COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.57 | −0.057% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.70 | +0.008% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.72 | +0.020% | $378K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.73 | +0.023% | $437K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.82 | +0.069% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.53 | −0.078% | $15.8M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.64 | −0.022% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.69 | +0.003% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.56 | −0.063% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.70 | +0.008% | $995K | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.60 | −0.043% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.67 | −0.007% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.68 | 0.000% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.75 | +0.033% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0503% | 4h | 197.53 | −0.078% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC