Funding you earn now, next payment 11:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against Extended+0.227%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.227% dearer against Extended than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended S-USD | 0.04525 | 0.0104 | pay 0.0013% / 1h | 6m 16s | $258K | $1.3M | 10x |
| Short | gTrade (Gains Network) S/USD | 0.04535 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 6m 16s | $699 | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$23.12
- Price spread: +0.227% → 0.000%
- $22.69
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$15.43
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 min ago; gTrade (Gains Network): 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, 5 min ago | 4.40 bp | 35.7 bp −$36 | 275.6 bp −$2,756 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.
S on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.0720% | 1h | 0.04430 | −2.101% | $27K | $3K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.4640% | 1h | 0.04523 | −0.050% | $38K | $28K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1904% | 1h | 0.04510 | −0.333% | $55K | $23K | 25x | as long as short |
| Variational Omni S | −0.1230% | 4h | 0.04513 | −0.270% | $722K | $49K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0336% / S +0.0211% | 1h | 0.04538 | +0.282% | $2K | — | 100x | as long as short |
| Orderly PERP_S_USDC | −0.0116% | 4h | 0.04529 | +0.087% | $112K | $637K | 10x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04530 | +0.110% | $5 | — | 15x | as long as short |
| OKX S-USDT-SWAP | −0.0040% | 4h | 0.04530 | +0.109% | $1.4M | $7.6M | 20x | as long as short |
| gTrade (Gains Network) S/USDshort | L +0.0001% / S +0.0006% | 1h | 0.04535 | +0.227% | $699 | — | 150x | |
| Bybit SUSDT | +0.0028% | 4h | 0.04524 | −0.023% | $6.5M | $6.7M | 50x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.04528 | +0.065% | $158K | $158K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.04532 | +0.162% | $1.1M | $1.0M | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04531 | +0.129% | $48K | $170K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04532 | +0.154% | $6.9M | $25.9M | 75x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04524 | −0.023% | $383K | $388K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04532 | +0.154% | $4.0M | $3.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04527 | +0.043% | $2.2M | $3.0M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04530 | +0.109% | $1.4M | $3.5M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04531 | +0.131% | — | $7.1M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04540 | +0.330% | $24K | $532K | 50x | as long as short |
| Extended S-USDlong | +0.0104% | 1h | 0.04525 | long leg | $258K | $1.3M | 10x | |
| Injective S/USDC PERP | +0.0140% | 1h | 0.04600 | +1.656% | $2K | $2 | 12x | as long as short |
| Backpack S_USDC_PERP | +0.0163% | 1h | 0.04540 | +0.330% | $103K | $458K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04540 | +0.330% | $366K | $240K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0412% | 1h | 0.04536 | +0.242% | $76K | $623 | 10x | as long as short |
Extended S-USD
gTrade (Gains Network) S/USD
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
OKX S-USDT-SWAP
Bybit SUSDT
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Injective S/USDC PERP
Backpack S_USDC_PERP
BloFin S-USDT
Deribit S_USDC-PERPETUAL