S

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h +2.367%

Price spread now: Reya against 01 Exchange−0.050%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Reya

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 0.050% cheaper against 01 Exchange than usual: you would sell low and buy high (−$5 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	01 Exchange SUSD	0.03940	−0.0008	get 0.0001% / 1h	38m 09s	$24K	$2K	5x
Short	Reya SRUSDPERP	0.03938	−0.0101	pay 0.0013% / 1h	38m 09s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee ReyabpOrdersPrice spread, now −0.050%Rate

Funding earned: −$19.58
Price spread: −0.050% → 0.000%: −$4.95
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$37.53
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

01 Exchange and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SUSD	−0.1589%	1h	0.03934	−0.147%	$33K	$26K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1576%	1h	0.03826	−2.893%	$47K	$5K	25x	as long as short
Variational Omni S	−0.0886%	4h	0.03930	−0.253%	$611K	$31K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0195% / S +0.0188%	1h	0.03941	+0.038%	$1K	—	100x	as long as short
Reya SRUSDPERPshort	−0.0101%	1h	0.03938	−0.050%	$4	—	15x
01 Exchange SUSDlong	−0.0008%	1h	0.03940	long leg	$24K	$2K	5x
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03940	+0.011%	$607	—	150x	as long as short
Orderly PERP_S_USDC	+0.0024%	4h	0.03939	−0.025%	$100K	$347K	10x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+4.061%	$2K	$37K	12x	as long as short
Aster SUSDT	+0.0064%	4h	0.03939	−0.018%	$43K	$212K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter S	+0.0096%	1h	0.03940	0.000%	$165K	$222K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03940	−0.008%	$989K	$756K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03937	−0.079%	$5.4M	$19.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03929	−0.279%	$5.6M	$5.8M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03933	−0.178%	$981K	$6.2M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03933	−0.178%	$321K	$265K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03938	−0.051%	$3.6M	$2.3M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03931	−0.228%	$1.8M	$3.0M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03936	−0.102%	$1.2M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03934	−0.152%	—	$6.7M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03940	0.000%	$25K	$465K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03934	−0.164%	$221K	$881K	10x	as long as short
Backpack S_USDC_PERP	+0.0328%	1h	0.03940	0.000%	$115K	$300K	5x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03930	−0.254%	$268K	$127K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0511%	1h	0.03945	+0.127%	$66K	$10K	10x	as long as short