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

PDD

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Injective+0.278%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.278% dearer against Injective than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective PDD/USDC PERP79.2700.0033pay 0.0004% / 1h15m 06s$11K$8K12x
ShortExtended PDD_24_5-USD79.4900.0040get 0.0005% / 1h15m 06s$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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
$1.4
Price spread: +0.278% → 0.000%
$27.75
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$24.13
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Extended no order-book sample
Injective and Extended: 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.

PDD on 9 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
Bybit PDDUSDT0.0000%8h79.620+0.442%$259K$2.0M25xas long as short
Bitget PDDUSDT0.0000%8h79.760+0.618%$1.3M$200K20xas long as short
Injective PDD/USDC PERPlong+0.0033%1h79.270long leg$11K$8K12x
Extended PDD_24_5-USDshort+0.0040%1h79.490+0.278%$3K5x
KuCoin PDDUSDTM+0.0100%8h79.680+0.517%$32K$2.7M20xas long as short
HTX PDD-USDT+0.0100%8h79.560+0.366%$7K$301K20xas long as short
Gate PDD_USDT+0.0169%8h79.600+0.416%$488K$36K20xas long as short
edgeX PDDUSDC+0.0861%4h79.666+0.500%$161K$224K10xas long as short
Binance PDDUSDT+0.0968%8h79.730+0.580%$1.4M$988K20xas long as short