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

NOT

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Alert: funding
Alert: spread
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
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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00051030.0104pay 0.0013% / 1h55m 28s$4K$4915x
ShortInjective NOT/USDC PERP0.00048740.0033get 0.0004% / 1h55m 28s$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: −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
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
Kraken Futures PF_NOTUSD−0.0332%1h0.0005112+0.178%$50K$10K10xas long as short
Variational Omni NOT−0.0014%4h0.0005109+0.131%$72K$39Kas long as short
Injective NOT/USDC PERPshort+0.0033%1h0.0004874−4.481%$1K$13K5.5x
Lighter 1000NOT+0.0096%1h0.0005111+0.162%$12K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005100−0.052%$373K$50K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005104+0.017%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005100−0.057%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005096−0.130%$2.2M$830K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005095−0.149%$635K$615K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005106+0.066%$142K$78K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005103+0.007%$1.4M$460K200xas long as short
KuCoin NOTUSDTM+0.0100%4h0.0005098−0.091%$466K$138K50xas long as short
Bitget NOTUSDT+0.0100%4h0.0005102−0.012%$669K$391K50xas long as short
BingX NOT-USDT+0.0100%4h0.0005102−0.012%$7.4Mas long as short
Extended kNOT-USDlong+0.0104%1h0.0005103long leg$4K$4915x
BloFin NOT-USDT+0.0119%4h0.0005113+0.203%$112K$17K50xas long as short