S

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%

Price spread now: Injective against Extended−5.134%80s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days—no 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 5.134% cheaper against Extended than usual: you would sell low and buy high (−$513 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended S-USD	0.04322	0.0104	pay 0.0013% / 1h	37m 55s	$240K	$1.3M	10x
Short	Injective S/USDC PERP	0.04100	0.0033	get 0.0004% / 1h	37m 55s	$2K	$37K	12x

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

Position, each leg$Hold fordaysFee ExtendedbpFee InjectivebpOrdersPrice spread, now −5.134%Rate

Funding earned: −$14.84
Price spread: −5.134% → 0.000%: −$513.4
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: −$533.26
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, just now; 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 live order book, just now	3.48 bp	34.5 bp −$34	251.5 bp −$2,515	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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.

S on 25 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_SUSD	−0.2633%	1h	0.04310	−0.269%	$35K	$23K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1248%	1h	0.04308	−0.321%	$53K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04324	+0.049%	$2K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04319	−0.059%	$4	—	15x	as long as short
Variational Omni S	−0.0067%	4h	0.04324	+0.056%	$669K	$7K	—	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04324	+0.051%	$666	—	150x	as long as short
Injective S/USDC PERPshort	+0.0033%	1h	0.04100	−5.134%	$2K	$37K	12x
Orderly PERP_S_USDC	+0.0076%	4h	0.04322	+0.003%	$107K	$629K	10x	as long as short
Lighter S	+0.0096%	1h	0.04321	−0.021%	$185K	$100K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04321	−0.014%	$1.1M	$711K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SUSDT	+0.0100%	4h	0.04329	+0.166%	$47K	$175K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04324	+0.055%	$6.3M	$16.9M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04322	+0.003%	$6.2M	$4.8M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04323	+0.026%	$1.2M	$4.9M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04317	−0.113%	$361K	$219K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04321	−0.021%	$4.6M	$2.3M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04315	−0.159%	$2.0M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04327	+0.118%	$1.3M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04317	−0.113%	—	$6.9M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04330	+0.188%	$25K	$510K	50x	as long as short
Extended S-USDlong	+0.0104%	1h	0.04322	long leg	$240K	$1.3M	10x
Deribit S_USDC-PERPETUAL	+0.0213%	1h	0.04326	+0.095%	$73K	$11K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04334	+0.280%	$312K	$123K	75x	as long as short
Backpack S_USDC_PERP	+0.0354%	1h	0.04330	+0.188%	$102K	$472K	5x	as long as short
01 Exchange SUSD	+0.1496%	1h	0.04170	−3.514%	$25K	$3K	5x	as long as short