Settings8H · net · $10k
Funding arb · Price arb /

H

all H markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.084%
Price spread now: Injective against Extended−8.724%100s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 8.724% cheaper against Extended than usual: you would sell low and buy high (−$872 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended H-USD0.068470.0104pay 0.0013% / 1h31m 35s$11K$104K5x
ShortInjective H/USDC PERP0.062500.0033get 0.0004% / 1h31m 35s$1K$15.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14.84
Price spread: −8.724% → 0.000%
−$872.36
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$892.22
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 7 min ago2.94 bp78.2 bp −$78545.2 bp −$5,452doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective H/USDC PERPshort+0.0033%1h0.06250−8.724%$1K$15.5x
BloFin H-USDT+0.0045%4h0.06855+0.112%$588K$112K25xas long as short
Aster HUSDT+0.0100%4h0.06836−0.166%$112K$54K5xas long as short
Binance HUSDT+0.0100%4h0.06850+0.040%$14.7M$11.2M10xas long as short
Bybit HUSDT+0.0100%4h0.06836−0.161%$7.6M$4.9M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.06858+0.156%$1.8M$6.3M10xas long as short
Gate H_USDT+0.0100%4h0.06833−0.209%$2.8M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.06849+0.024%$6.1M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.06839−0.122%$1.6M$10.0M8xas long as short
Bitget HUSDT+0.0100%4h0.06846−0.020%$1.7M$451K4xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX H-USDT+0.0100%4h0.06852+0.068%$2.7Mas long as short
Variational Omni H+0.0100%4h0.06792−0.811%$8K$9Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06839−0.117%$1.1M$447K10xas long as short
Extended H-USDlong+0.0104%1h0.06847long leg$11K$104K5x