Funding you earn now, next payment 09:00 UTC+0.6437%/8h= +704.9% APRnext payment +$8.05 per $10,000 · paid last 24h −2.130%
Price spread now: 01 Exchange against Reya+1.625%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
=Both sides work for this trade now. Funding pays +$193 a day on $10k at the current rate, and 01 Exchange is 1.625% dearer against Reya than usual: you sell high and buy low: +$162 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SRUSDPERP | 0.04300 | −0.0101 | get 0.0013% / 1h | 56m 46s | $4 | — | 15x |
| Short | 01 Exchange SUSD | 0.04370 | 0.6336 | get 0.0792% / 1h | 56m 46s | $27K | $2K | 5x |
Reya SRUSDPERP
01 Exchange SUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Reya. 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
- $1,351.81
- Price spread: +1.625% → 0.000%
- $162.46
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $1,501.27
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Reya 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 | −0.2644% | 1h | 0.04292 | −0.184% | $35K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1248% | 1h | 0.04283 | −0.399% | $52K | $18K | 25x | as long as short |
| Hyperliquid S | −0.0209% | 1h | 0.04305 | +0.113% | $1.1M | $696K | 5x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04306 | +0.143% | $2K | — | 100x | as long as short |
| Reya SRUSDPERPlong | −0.0101% | 1h | 0.04300 | long leg | $4 | — | 15x | |
| Variational Omni S | −0.0079% | 4h | 0.04433 | +3.099% | $684K | $7K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04306 | +0.134% | $664 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −4.654% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0082% | 4h | 0.04304 | +0.090% | $107K | $616K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04305 | +0.113% | $185K | $99K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Hyperliquid S
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SUSDT | +0.0100% | 4h | 0.04303 | +0.067% | $46K | $175K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04303 | +0.067% | $6.4M | $16.4M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04292 | −0.189% | $6.2M | $4.7M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04300 | −0.003% | $1.2M | $4.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04299 | −0.026% | $343K | $202K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04302 | +0.043% | $4.5M | $2.2M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04303 | +0.067% | $2.0M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04304 | +0.090% | $1.3M | $2.6M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04305 | +0.113% | — | $6.9M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.04300 | −0.003% | $101K | $470K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04380 | +1.857% | $26K | $505K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04296 | −0.087% | $239K | $1.3M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0215% | 1h | 0.04302 | +0.043% | $72K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04307 | +0.160% | $241K | $121K | 75x | as long as short |
| 01 Exchange SUSDshort | +0.6336% | 1h | 0.04370 | +1.625% | $27K | $2K | 5x |
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
BloFin S-USDT