W

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.039%

Price spread now: Injective against Extended+2.845%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Injective

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 2.845% dearer against Extended than usual: you sell high and buy low (spread +2.845% now, against zero (this spread has no 7-day history yet)): +$285 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended W-USD	0.01176	0.0104	pay 0.0013% / 1h	55m 13s	$59K	$276K	5x
Short	Injective W/USDC PERP	0.01209	0.0033	get 0.0004% / 1h	55m 13s	$1K	$1K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Extended. 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 ExtendedbpFee InjectivebpOrdersPrice spread, now +2.845%Rate

Funding earned: −$14.84
Price spread: +2.845% → 0.000%: $284.53
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $264.67
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 32 min ago; 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 Extended live order book, 32 min ago	1.70 bp	62.5 bp −$62	337.7 bp −$3,377	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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.

W on 17 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
Deribit W_USDC-PERPETUAL	0.0000%	1h	0.01177	+0.106%	$17K	$790	10x	as long as short
Injective W/USDC PERPshort	+0.0033%	1h	0.01209	+2.845%	$1K	$1K	12x
OKX W-USDT-SWAP	+0.0035%	4h	0.01174	−0.107%	$1.3M	$2.2M	20x	as long as short
Hyperliquid W	+0.0100%	1h	0.01175	−0.047%	$2.0M	$473K	5x	as long as short
Binance WUSDT	+0.0100%	4h	0.01177	+0.085%	$3.0M	$7.7M	50x	as long as short
Bybit WUSDT	+0.0100%	4h	0.01174	−0.098%	$4.1M	$2.1M	50x	as long as short
Gate W_USDT	+0.0100%	4h	0.01178	+0.225%	$446K	$300K	75x	as long as short
MEXC W_USDT	+0.0100%	4h	0.01176	+0.055%	$12.8M	$1.7M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	0.01174	−0.132%	$422K	$231K	50x	as long as short
Bitget WUSDT	+0.0100%	4h	0.01176	+0.038%	$1.3M	$555K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX W-USDT	+0.0100%	4h	0.01175	−0.047%	—	$6.9M	—	as long as short
Backpack W_USDC_PERP	+0.0100%	1h	0.01178	+0.174%	$44K	$47K	15x	as long as short
Variational Omni W	+0.0100%	4h	0.01168	−0.668%	$71K	$42K	—	as long as short
GRVT W_USDT_Perp	+0.0100%	4h	0.01170	−0.499%	$132K	$412K	10x	as long as short
Extended W-USDlong	+0.0104%	1h	0.01176	long leg	$59K	$276K	5x
Coinbase International W-PERP-INTX	+0.0296%	1h	0.01179	+0.259%	$14K	$18K	50x	as long as short
Kraken Futures PF_WUSD	+0.0618%	1h	0.01178	+0.201%	$146K	$186K	20x	as long as short