Funding you earn now, next payment 22:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +2.455%
Price spread now: Injective against 01 Exchange+3.275%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$4 a day on $10k at the current rate, and Injective is 3.275% dearer against 01 Exchange than usual: you sell high and buy low: +$327 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 | 01 Exchange SUSD | 0.03970 | −0.0088 | get 0.0011% / 1h | 58m 13s | $24K | $3K | 5x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 58m 13s | $2K | $37K | 12x |
01 Exchange SUSD
Injective S/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against 01 Exchange. 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
- $25.48
- Price spread: +3.275% → 0.000%
- $327.46
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $345.92
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
01 Exchange 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 | −0.1443% | 1h | 0.03955 | −0.378% | $33K | $33K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −3.627% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.1185% | 4h | 0.03967 | −0.087% | $618K | $48K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03970 | +0.003% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03965 | −0.137% | $4 | — | 15x | as long as short |
| 01 Exchange SUSDlong | −0.0088% | 1h | 0.03970 | long leg | $24K | $3K | 5x | |
| Hyperliquid S | −0.0025% | 1h | 0.03966 | −0.103% | $1.0M | $971K | 5x | as long as short |
| Orderly PERP_S_USDC | −0.0021% | 4h | 0.03962 | −0.202% | $102K | $339K | 10x | as long as short |
| Aster SUSDT | −0.0016% | 4h | 0.03972 | +0.049% | $43K | $212K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03970 | +0.001% | $612 | — | 150x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Hyperliquid S
Orderly PERP_S_USDC
Aster SUSDT
gTrade (Gains Network) S/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit S_USDC-PERPETUAL | +0.0002% | 1h | 0.03966 | −0.101% | $67K | $10K | 10x | as long as short |
| Injective S/USDC PERPshort | +0.0033% | 1h | 0.04100 | +3.275% | $2K | $37K | 12x | |
| OKX S-USDT-SWAP | +0.0054% | 4h | 0.03959 | −0.277% | $985K | $8.3M | 20x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03966 | −0.101% | $166K | $240K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03958 | −0.294% | $5.4M | $25.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03956 | −0.353% | $5.7M | $6.8M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03961 | −0.227% | $324K | $290K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03966 | −0.101% | $3.7M | $2.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03965 | −0.126% | $1.9M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03960 | −0.252% | $1.2M | $3.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03964 | −0.151% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03980 | +0.252% | $26K | $476K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03958 | −0.295% | $223K | $890K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03974 | +0.101% | $275K | $204K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0884% | 1h | 0.03980 | +0.252% | $116K | $288K | 5x | as long as short |
Deribit S_USDC-PERPETUAL
OKX S-USDT-SWAP
Lighter S
Binance SUSDT
Bybit SUSDT
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