S

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%

Price spread now: Extended against gTrade (Gains Network)−0.074%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.074% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) S/USD	0.04067	L +0.0001% / S +0.0006%	pay 0.0000% / 1h	27m 02s	$2K	—	150x
Short	Extended S-USD	0.04064	0.0104	get 0.0013% / 1h	27m 02s	$231K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.074%Rate

Funding earned: $21.72
Price spread: −0.074% → 0.000%: −$7.37
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$0.64
Costs to cover: 0.150%
Break-even: 7.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 1 min ago. 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 Extended live order book, 1 min ago	6.16 bp	37.1 bp −$37	256.6 bp −$2,566	doesn't fit	doesn't fit

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 24 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	−0.7824%	1h	0.03940	−3.133%	$24K	$2K	5x	as long as short
Coinbase International S-PERP-INTX	−0.1464%	1h	0.04022	−1.117%	$48K	$16K	25x	as long as short
Kraken Futures PF_SUSD	−0.1247%	1h	0.04062	−0.138%	$34K	$14K	10x	as long as short
Variational Omni S	−0.0504%	4h	0.04066	−0.039%	$633K	$30K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04069	+0.033%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04062	−0.125%	$4	—	15x	as long as short
gTrade (Gains Network) S/USDlong	L +0.0001% / S +0.0006%	1h	0.04067	long leg	$2K	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.801%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0044%	4h	0.04066	−0.035%	$102K	$334K	10x	as long as short
Lighter S	+0.0096%	1h	0.04071	+0.088%	$168K	$166K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04069	+0.038%	$1.0M	$573K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04065	−0.070%	$44K	$134K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04065	−0.060%	$5.6M	$14.9M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04060	−0.183%	$5.8M	$4.7M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04066	−0.035%	$1.0M	$4.2M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04062	−0.134%	$335K	$204K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04067	−0.011%	$3.9M	$1.9M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04066	−0.035%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04066	−0.035%	$1.2M	$2.4M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04063	−0.109%	—	$6.7M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04070	+0.063%	$26K	$443K	50x	as long as short
Extended S-USDshort	+0.0104%	1h	0.04064	−0.074%	$231K	$1.1M	10x
Deribit S_USDC-PERPETUAL	+0.0487%	1h	0.04072	+0.112%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1044%	1h	0.04070	+0.063%	$118K	$348K	5x	as long as short