Funding you earn now, next payment 09:00 UTC−0.2273%/8h= −248.8% APRnext payment −$2.84 per $10,000 · paid last 24h −2.142%
Price spread now: 01 Exchange against gTrade (Gains Network)+1.398%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. 01 Exchange is 1.398% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +1.398% now, against zero (this spread has no 7-day history yet)): +$140 on $10k if it goes back. Holding the pair costs −$68 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) S/USD | 0.04399 | L +0.0001% / S +0.0006% | pay 0.0000% / 1h | 11m 25s | $678 | — | 150x |
| Short | 01 Exchange SUSD | 0.04460 | −0.2272 | pay 0.0284% / 1h | 11m 25s | $27K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$477.24
- Price spread: +1.398% → 0.000%
- $139.75
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$354.48
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | −0.2574% | 1h | 0.04408 | +0.223% | $37K | $21K | 10x | as long as short |
| 01 Exchange SUSDshort | −0.2272% | 1h | 0.04460 | +1.398% | $27K | $3K | 5x | |
| Coinbase International S-PERP-INTX | −0.1248% | 1h | 0.04308 | −2.058% | $53K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04414 | +0.354% | $2K | — | 100x | as long as short |
| Variational Omni S | −0.0130% | 4h | 0.04416 | +0.405% | $683K | $7K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04410 | +0.261% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USDlong | L +0.0001% / S +0.0006% | 1h | 0.04399 | long leg | $678 | — | 150x | |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −6.787% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0066% | 4h | 0.04412 | +0.306% | $110K | $643K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04428 | +0.670% | $154K | $149K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04423 | +0.547% | $1.1M | $759K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04420 | +0.498% | $47K | $187K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04420 | +0.488% | $6.6M | $17.5M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04414 | +0.352% | $6.3M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04416 | +0.397% | $1.3M | $5.2M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04425 | +0.602% | $376K | $234K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04400 | +0.033% | $4.6M | $2.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04418 | +0.443% | $2.1M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04422 | +0.534% | $1.3M | $2.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04396 | −0.058% | — | $7.0M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04420 | +0.488% | $26K | $515K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04416 | +0.401% | $244K | $1.3M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04430 | +0.715% | $320K | $121K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0828% | 1h | 0.04430 | +0.715% | $104K | $472K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.1110% | 1h | 0.04418 | +0.443% | $74K | $512 | 10x | as long as short |
gTrade (Gains Network) S/USD
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP
Deribit S_USDC-PERPETUAL