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

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Extended−3.192%80s7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.192% cheaper against Extended than usual: you would sell low and buy high (−$319 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00050350.0104pay 0.0013% / 1h55m 56s$4K5x
ShortInjective NOT/USDC PERP0.00048740.0033get 0.0004% / 1h55m 56s$1K$13K5.5x

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

Funding earned
−$14.84
Price spread: −3.192% → 0.000%
−$319.22
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
−$339.08
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Injective no order-book sample
Extended 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.

NOT on 16 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
Variational Omni NOT−0.0003%4h0.0005036+0.017%$72K$38Kas long as short
Injective NOT/USDC PERPshort+0.0033%1h0.0004874−3.192%$1K$13K5.5x
KuCoin NOTUSDTM+0.0042%4h0.0005034−0.014%$480K$136K50xas long as short
BloFin NOT-USDT+0.0090%4h0.0005038+0.065%$109K$18K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005047+0.238%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005030−0.094%$339K$69K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005041+0.121%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005036+0.026%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005029−0.114%$2.1M$889K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005033−0.034%$639K$706K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.0005040+0.105%$139K$57K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005036+0.026%$1.3M$436K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005040+0.105%$674K$492K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005032−0.054%$729Kas long as short
Extended kNOT-USDlong+0.0104%1h0.0005035long leg$4K5x
Kraken Futures PF_NOTUSD+0.1939%1h0.0005044+0.192%$49K$9K10xas long as short