S

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Extended against gTrade (Gains Network)−0.065%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.065% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) S/USD	0.04041	L +0.0001% / S +0.0006%	pay 0.0000% / 1h	54m 09s	$623	—	150x
Short	Extended S-USD	0.04038	0.0104	get 0.0013% / 1h	54m 09s	$227K	$592K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ExtendedbpOrdersPrice spread, now −0.065%Rate

Funding earned: $21.72
Price spread: −0.065% → 0.000%: −$6.49
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.24
Costs to cover: 0.150%
Break-even: 6.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 24 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Extended live order book, 24 min ago	4.98 bp	34.1 bp −$34	254.6 bp −$2,546	doesn't fit	doesn't fit

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 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
01 Exchange SUSD	−0.9608%	1h	0.03940	−2.488%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2387%	1h	0.04039	−0.033%	$35K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1120%	1h	0.03961	−1.968%	$48K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04041	+0.009%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04039	−0.041%	$4	—	15x	as long as short
Variational Omni S	−0.0018%	4h	0.04059	+0.464%	$631K	$25K	—	as long as short
gTrade (Gains Network) S/USDlong	L +0.0001% / S +0.0006%	1h	0.04041	long leg	$623	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.472%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0085%	4h	0.04041	+0.012%	$100K	$570K	10x	as long as short
Lighter S	+0.0096%	1h	0.04045	+0.111%	$173K	$139K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04040	−0.025%	$1.0M	$596K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04041	+0.015%	$48K	$110K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04039	−0.038%	$5.7M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04034	−0.162%	$5.8M	$4.2M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04038	−0.063%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04035	−0.137%	$328K	$179K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04040	−0.013%	$4.0M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04040	−0.013%	$1.8M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04041	+0.012%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04038	−0.063%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04080	+0.977%	$24K	$490K	50x	as long as short
Extended S-USDshort	+0.0104%	1h	0.04038	−0.065%	$227K	$592K	10x
BloFin S-USDT	+0.0340%	4h	0.04059	+0.457%	$278K	$117K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0740%	1h	0.04044	+0.086%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1774%	1h	0.04050	+0.234%	$118K	$426K	5x	as long as short