Settings8H · net · $10k
Funding arb · Price arb /

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.055%
Price spread now: Extended against Reya+0.007%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Extended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SRUSDPERP0.03930−0.0101get 0.0013% / 1h54m 18s$415x
ShortExtended S-USD0.039310.0104get 0.0013% / 1h54m 18s$221K$877K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Reya. 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

Funding earned
$43.1
Price spread: +0.007% → 0.000%
$0.72
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$32.82
Costs to cover
0.110%
Break-even
1.7 days
Slippage unknown: Reya: no order-book sample; Extended: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Extended live order book, 24 min ago5.13 bp37.6 bp −$38273.0 bp −$2,730doesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−0.6880%1h0.03840−2.296%$23K$2K5xas long as short
Kraken Futures PF_SUSD−0.2122%1h0.03930−0.005%$33K$25K10xas long as short
Coinbase International S-PERP-INTX−0.1336%1h0.03826−2.652%$47K$5K25xas long as short
Variational Omni S−0.0974%4h0.03933+0.069%$610K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0199% / S +0.0192%1h0.03932+0.055%$1K100xas long as short
Reya SRUSDPERPlong−0.0101%1h0.03930long leg$415x
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03933+0.065%$606150xas long as short
Orderly PERP_S_USDC+0.0033%4h0.03932+0.045%$100K$342K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.319%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03936+0.147%$165K$217K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03933+0.070%$986K$700K5xas long as short
Aster SUSDT+0.0100%4h0.03934+0.102%$43K$145K10xas long as short
Binance SUSDT+0.0100%4h0.03932+0.045%$5.4M$17.7M75xas long as short
Bybit SUSDT+0.0100%4h0.03927−0.082%$5.6M$5.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03931+0.019%$980K$5.2M20xas long as short
Gate S_USDT+0.0100%4h0.03930−0.006%$321K$258K50xas long as short
MEXC S_USDT+0.0100%4h0.03932+0.045%$3.6M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03930−0.006%$1.8M$3.0M50xas long as short
Bitget SUSDT+0.0100%4h0.03930−0.006%$1.2M$2.5M50xas long as short
BingX S-USDT+0.0100%4h0.03931+0.019%$6.7Mas long as short
Backpack S_USDC_PERP+0.0100%1h0.03940+0.248%$117K$304K5xas long as short
ApeX Omni SUSDT+0.0100%1h0.03930−0.006%$25K$453K50xas long as short
Extended S-USDshort+0.0104%1h0.03931+0.007%$221K$877K10x
BloFin S-USDT+0.0340%4h0.03944+0.350%$266K$126K75xas long as short
Deribit S_USDC-PERPETUAL+0.0513%1h0.03937+0.172%$66K$10K10xas long as short