Funding you earn now, next payment 23:00 UTC−0.0296%/8h= −32.4% APRnext payment −$0.37 per $10,000 · paid last 24h −2.423%
Price spread now: 01 Exchange against Extended+0.092%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. 01 Exchange is 0.092% dearer against Extended than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended S-USD | 0.03916 | 0.0104 | pay 0.0013% / 1h | 53m 41s | $221K | $883K | 10x |
| Short | 01 Exchange SUSD | 0.03920 | −0.0192 | pay 0.0024% / 1h | 53m 41s | $24K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$62.16
- Price spread: +0.092% → 0.000%
- $9.24
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$64.92
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 29 min ago; 01 Exchange: 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 Extended live order book, 29 min ago | 3.83 bp | 31.2 bp −$31 | 249.9 bp −$2,499 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1596% | 1h | 0.03917 | +0.007% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −2.308% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0793% | 4h | 0.03918 | +0.046% | $609K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0193% / S +0.0187% | 1h | 0.03924 | +0.197% | $1K | — | 100x | as long as short |
| 01 Exchange SUSDshort | −0.0192% | 1h | 0.03920 | +0.092% | $24K | $3K | 5x | |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03920 | +0.085% | $4 | — | 15x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.03922 | +0.143% | $66K | $10K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03925 | +0.229% | $605 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0020% | 4h | 0.03920 | +0.092% | $100K | $349K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.688% | $2K | $37K | 12x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SUSDT | +0.0038% | 4h | 0.03919 | +0.069% | $43K | $212K | 10x | as long as short |
| Hyperliquid S | +0.0070% | 1h | 0.03919 | +0.057% | $984K | $787K | 5x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03923 | +0.169% | $164K | $222K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03917 | +0.016% | $5.3M | $22.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03911 | −0.137% | $5.6M | $6.2M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03916 | −0.010% | $977K | $6.9M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03912 | −0.112% | $320K | $265K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03919 | +0.067% | $3.6M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03917 | +0.016% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03918 | +0.041% | $1.2M | $2.8M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03917 | +0.016% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03920 | +0.092% | $23K | $469K | 50x | as long as short |
| Extended S-USDlong | +0.0104% | 1h | 0.03916 | long leg | $221K | $883K | 10x | |
| BloFin S-USDT | +0.0340% | 4h | 0.03918 | +0.041% | $268K | $132K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0363% | 1h | 0.03920 | +0.092% | $114K | $298K | 5x | as long as short |
Extended S-USD
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Aster SUSDT
Hyperliquid S
Lighter S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
BloFin S-USDT
Backpack S_USDC_PERP