S

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%

Price spread now: Injective against gTrade (Gains Network)+4.978%55s7-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 Injective

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 4.978% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$498 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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	gTrade (Gains Network) S/USD	0.03906	L +0.0001% / S +0.0006%	pay 0.0000% / 1h	32m 21s	$602	—	150x
Short	Injective S/USDC PERP	0.04100	0.0033	get 0.0004% / 1h	32m 21s	$2K	$37K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +4.978%Rate

Funding earned: $6.88
Price spread: +4.978% → 0.000%: $497.83
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $494.69
Costs to cover: 0.100%
Break-even: from the start

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

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

gTrade (Gains Network) and 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.

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	−0.1462%	1h	0.03903	−0.074%	$33K	$32K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1264%	1h	0.03826	−2.037%	$47K	$5K	25x	as long as short
Variational Omni S	−0.1122%	4h	0.03894	−0.287%	$606K	$34K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0189% / S +0.0183%	1h	0.03904	−0.038%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03899	−0.159%	$4	—	15x	as long as short
Aster SUSDT	−0.0021%	4h	0.03906	+0.014%	$43K	$212K	10x	as long as short
Orderly PERP_S_USDC	−0.0016%	4h	0.03902	−0.091%	$101K	$338K	10x	as long as short
gTrade (Gains Network) S/USDlong	L +0.0001% / S +0.0006%	1h	0.03906	long leg	$602	—	150x
01 Exchange SUSD	+0.0008%	1h	0.03900	−0.143%	$24K	$3K	5x	as long as short
Injective S/USDC PERPshort	+0.0033%	1h	0.04100	+4.978%	$2K	$37K	12x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter S	+0.0096%	1h	0.03906	+0.011%	$164K	$240K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03902	−0.104%	$984K	$911K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03900	−0.137%	$5.3M	$23.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03896	−0.245%	$5.6M	$6.4M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03900	−0.143%	$970K	$7.4M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03903	−0.066%	$320K	$292K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03901	−0.117%	$3.5M	$2.6M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03901	−0.117%	$1.8M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03904	−0.040%	$1.2M	$3.0M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03903	−0.066%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03910	+0.113%	$19K	$471K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03899	−0.161%	$219K	$883K	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.0261%	1h	0.03913	+0.190%	$66K	$10K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03903	−0.066%	$269K	$177K	75x	as long as short
Backpack S_USDC_PERP	+0.0503%	1h	0.03910	+0.113%	$114K	$288K	5x	as long as short