Funding you earn now, next payment 03:00 UTC−1.0873%/8h= −1190.6% APRnext payment −$13.59 per $10,000 · paid last 24h −2.198%
Price spread now: 01 Exchange against Injective−3.902%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$326 a day on $10k at the current rate, and 01 Exchange is 3.902% cheaper against Injective than usual: you would sell low and buy high (−$390 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective S/USDC PERP | 0.04100 | 0.0033 | pay 0.0004% / 1h | 42m 29s | $2K | $37K | 12x |
| Short | 01 Exchange SUSD | 0.03940 | −1.0840 | pay 0.1355% / 1h | 42m 29s | $24K | $2K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Injective. 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
- −$2,283.4
- Price spread: −3.902% → 0.000%
- −$390.24
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$2,680.66
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Injective 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSDshort | −1.0840% | 1h | 0.03940 | −3.902% | $24K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.1679% | 1h | 0.04092 | −0.185% | $34K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −1.902% | $48K | $16K | 25x | as long as short |
| Variational Omni S | −0.0306% | 4h | 0.04092 | −0.200% | $634K | $30K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04099 | −0.012% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04095 | −0.133% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04098 | −0.056% | $2K | — | 150x | as long as short |
| Injective S/USDC PERPlong | +0.0033% | 1h | 0.04100 | long leg | $2K | $37K | 12x | |
| Orderly PERP_S_USDC | +0.0066% | 4h | 0.04098 | −0.049% | $102K | $332K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04102 | +0.049% | $171K | $156K | 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 | 0.04098 | −0.051% | $1.0M | $556K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04101 | +0.020% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04096 | −0.102% | $5.7M | $13.9M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04088 | −0.293% | $5.8M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04095 | −0.122% | $1.0M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04094 | −0.146% | $336K | $200K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04097 | −0.073% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04092 | −0.195% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04098 | −0.049% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04095 | −0.122% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04090 | −0.244% | $25K | $449K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04093 | −0.161% | $230K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04101 | +0.024% | $281K | $111K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0726% | 1h | 0.04103 | +0.073% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1498% | 1h | 0.04110 | +0.244% | $121K | $361K | 5x | as long as short |
Injective S/USDC PERP
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
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
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP