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

IO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0479%/8h= +52.5% APRnext payment +$0.60 per $10,000 · paid last 24h −0.650%
Price spread now: Injective against Extended−0.698%60s7-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
Funding pays, the price is against you. Injective is 0.698% cheaper against Extended than usual: you would sell low and buy high (spread −0.698% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$70 on $10k: about 4.9 days of funding at the current rate (+$14 a day). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IO-USD0.15160.0104pay 0.0013% / 1h30m 17s$2K$134K5x
ShortInjective IO/USDC PERP0.15050.0583get 0.0073% / 1h30m 17s$2K$2005.5x

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
$100.69
Price spread: −0.698% → 0.000%
−$69.78
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
$25.89
Costs to cover
0.050%
Break-even
5.2 days
Slippage unknown: Extended: live order book, 25 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, 25 min ago5.95 bp76.0 bp −$76527.1 bp −$5,271doesn'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.

IO 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
Hyperliquid IO+0.0100%1h0.1517+0.074%$1.0M$373K3xas long as short
Aster IOUSDT+0.0100%4h0.1515−0.062%$23K$49K5xas long as short
Binance IOUSDT+0.0100%4h0.1516+0.028%$3.0M$6.6M50xas long as short
Bybit IOUSDT+0.0100%4h0.1515−0.025%$1.1M$914K25xas long as short
Gate IO_USDT+0.0100%4h0.1516+0.015%$234K$550K50xas long as short
MEXC IO_USDT+0.0100%4h0.1515−0.038%$1.2M$228K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.1515−0.038%$361K$644K50xas long as short
Bitget IOUSDT+0.0100%4h0.1518+0.160%$1.4M$1.3M50xas long as short
BingX IO-USDT+0.0100%4h0.1516+0.028%$1.3Mas long as short
Variational Omni IO+0.0100%4h0.1514−0.121%$33K$13Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended IO-USDlong+0.0104%1h0.1516long leg$2K$134K5x
BloFin IO-USDT+0.0116%4h0.1516+0.028%$193K$39K50xas long as short
Injective IO/USDC PERPshort+0.0583%1h0.1505−0.698%$2K$2005.5x
Kraken Futures PF_IOUSD+3.7285%1h0.1508−0.515%$39K$18K10xas long as short