Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: OKX against Extended−0.012%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.012%, 7d avg +0.038%
=Together, before fees+0.129%+ 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: OKX is 0.050% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 201.49 | 0 | get 0.0000% / 1h | 21m 38s | $120K | $772K | 10x |
| Short | OKX COIN-USDT-SWAP | 201.47 | 0 | get 0.0000% / 8h | 7h 21m | $3.3M | $4.5M | 20x |
Extended COIN_24_5-USD
OKX COIN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.012% → +0.038%
- −$5
- Slippage, 4 orders
- −$27.27
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$47.26
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from Extended: live order book, 51 min ago; OKX: 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 | 1.24 bp | 8.9 bp −$9 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.23 bp | 11.9 bp −$12 | 21.1 bp −$211 | doesn't fit | doesn't fit |
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 201.70 | +0.102% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.56 | +0.034% | $369K | $840K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 201.49 | long leg | $120K | $772K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 201.50 | +0.003% | $15.7M | $75.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.54 | +0.023% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAPshort | 0.0000% | 8h | 201.47 | −0.012% | $3.3M | $4.5M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 201.59 | +0.048% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.58 | +0.043% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.85 | +0.177% | $839K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.83 | +0.167% | $20K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.49 | −0.002% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.43 | −0.032% | $433K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.73 | +0.117% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.38 | −0.057% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.47 | −0.012% | $16.5M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.38 | −0.057% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.50 | +0.003% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.23 | −0.131% | $357K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 201.45 | −0.024% | $375K | $1.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.67 | +0.087% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.75 | +0.127% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.59 | +0.048% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.52 | +0.011% | $119 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0117% | 4h | 201.84 | +0.170% | $52K | $293K | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.70 | +0.102% | $199K | $338K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.82 | +0.162% | $5K | $279K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
edgeX COINUSDC
BloFin COIN-USDT
Phoenix COIN