Funding you earn now, next payment 01:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Extended−4.481%100s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.481% cheaper against Extended than usual: you would sell low and buy high (−$448 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended kNOT-USD | 0.0005103 | 0.0104 | pay 0.0013% / 1h | 55m 28s | $4K | $491 | 5x |
| Short | Injective NOT/USDC PERP | 0.0004874 | 0.0033 | get 0.0004% / 1h | 55m 28s | $1K | $13K | 5.5x |
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 itlatest
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: −4.481% → 0.000%
- −$448.06
- 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
- −$467.92
- 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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NOTUSD | −0.0332% | 1h | 0.0005112 | +0.178% | $50K | $10K | 10x | as long as short |
| Variational Omni NOT | −0.0014% | 4h | 0.0005109 | +0.131% | $72K | $39K | — | as long as short |
| Injective NOT/USDC PERPshort | +0.0033% | 1h | 0.0004874 | −4.481% | $1K | $13K | 5.5x | |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005111 | +0.162% | $12K | $5K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005100 | −0.052% | $373K | $50K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005104 | +0.017% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005100 | −0.057% | $2.1M | $3.1M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005096 | −0.130% | $2.2M | $830K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005095 | −0.149% | $635K | $615K | 20x | as long as short |
| Gate NOT_USDT | +0.0100% | 4h | 0.0005106 | +0.066% | $142K | $78K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005103 | +0.007% | $1.4M | $460K | 200x | as long as short |
| KuCoin NOTUSDTM | +0.0100% | 4h | 0.0005098 | −0.091% | $466K | $138K | 50x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005102 | −0.012% | $669K | $391K | 50x | as long as short |
| BingX NOT-USDT | +0.0100% | 4h | 0.0005102 | −0.012% | — | $7.4M | — | as long as short |
| Extended kNOT-USDlong | +0.0104% | 1h | 0.0005103 | long leg | $4K | $491 | 5x | |
| BloFin NOT-USDT | +0.0119% | 4h | 0.0005113 | +0.203% | $112K | $17K | 50x | as long as short |
Extended kNOT-USD
Injective NOT/USDC PERP
Kraken Futures PF_NOTUSD
Variational Omni NOT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDT
MEXC NOT_USDT
KuCoin NOTUSDTM
Bitget NOTUSDT
BingX NOT-USDT
BloFin NOT-USDT