S

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.017%

Price spread now: gTrade (Gains Network) against Deribit−0.002%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit S_USDC-PERPETUAL	0.04092	0	get 0.0000% / 1h	50m 18s	$69K	$10K	10x
Short	gTrade (Gains Network) S/USD	0.04092	L +0.0001% / S +0.0006%	pay 0.0001% / 1h	50m 18s	$3K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.002%Rate

Funding earned: −$1.28
Price spread: −0.002% → 0.000%: −$0.17
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$18.45
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Deribit and gTrade (Gains Network): 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.

S 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
01 Exchange SUSD	−0.9768%	1h	0.03960	−3.226%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2499%	1h	0.04086	−0.155%	$34K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1376%	1h	0.04022	−1.711%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04091	−0.012%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04086	−0.157%	$4	—	15x	as long as short
Variational Omni S	−0.0101%	4h	0.04080	−0.298%	$633K	$31K	—	as long as short
Deribit S_USDC-PERPETUALlong	0.0000%	1h	0.04092	long leg	$69K	$10K	10x
gTrade (Gains Network) S/USDshort	L +0.0001% / S +0.0006%	1h	0.04092	−0.002%	$3K	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.196%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0064%	4h	0.04088	−0.098%	$101K	$307K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter S	+0.0096%	1h	0.04092	0.000%	$172K	$153K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04090	−0.042%	$1.0M	$547K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04089	−0.080%	$45K	$130K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04089	−0.073%	$5.7M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04085	−0.171%	$5.9M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04085	−0.171%	$1.1M	$4.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04085	−0.171%	$335K	$187K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04086	−0.147%	$3.9M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04087	−0.122%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04088	−0.098%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04086	−0.147%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04100	+0.196%	$25K	$453K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04085	−0.160%	$234K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04077	−0.367%	$284K	$98K	75x	as long as short
Backpack S_USDC_PERP	+0.0376%	1h	0.04100	+0.196%	$119K	$393K	5x	as long as short