S

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.045%

Price spread now: Deribit against gTrade (Gains Network)+0.044%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Deribit

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.044% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) S/USD	0.03903	L +0.0001% / S +0.0006%	pay 0.0000% / 1h	31m 13s	$602	—	150x
Short	Deribit S_USDC-PERPETUAL	0.03905	0.0006	get 0.0001% / 1h	31m 13s	$66K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee DeribitbpOrdersPrice spread, now +0.044%Rate

Funding earned: $1.18
Price spread: +0.044% → 0.000%: $4.41
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$11.42
Costs to cover: 0.170%
Break-even: 74.9 days

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

gTrade (Gains Network) and Deribit: 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	−0.1463%	1h	0.03901	−0.066%	$33K	$32K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1264%	1h	0.03826	−1.980%	$47K	$5K	25x	as long as short
Variational Omni S	−0.1122%	4h	0.03894	−0.228%	$606K	$34K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0189% / S +0.0183%	1h	0.03904	+0.006%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03900	−0.094%	$4	—	15x	as long as short
Aster SUSDT	−0.0019%	4h	0.03903	+0.003%	$43K	$212K	10x	as long as short
Orderly PERP_S_USDC	−0.0016%	4h	0.03900	−0.084%	$100K	$338K	10x	as long as short
gTrade (Gains Network) S/USDlong	L +0.0001% / S +0.0006%	1h	0.03903	long leg	$602	—	150x
Deribit S_USDC-PERPETUALshort	+0.0006%	1h	0.03905	+0.044%	$66K	$10K	10x
01 Exchange SUSD	+0.0008%	1h	0.03900	−0.084%	$24K	$3K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	0.04100	+5.040%	$2K	$37K	12x	as long as short
Lighter S	+0.0096%	1h	0.03903	−0.007%	$164K	$240K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03900	−0.094%	$984K	$911K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03899	−0.099%	$5.3M	$23.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03895	−0.212%	$5.6M	$6.4M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03899	−0.110%	$970K	$7.4M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03896	−0.187%	$319K	$292K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03900	−0.084%	$3.5M	$2.6M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03897	−0.161%	$1.8M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03902	−0.033%	$1.2M	$3.0M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03899	−0.110%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03910	+0.172%	$19K	$470K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03898	−0.128%	$219K	$883K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03899	−0.110%	$268K	$177K	75x	as long as short
Backpack S_USDC_PERP	+0.0493%	1h	0.03910	+0.172%	$114K	$288K	5x	as long as short