S

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0102%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%

Price spread now: Reya against gTrade (Gains Network)−0.146%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 Reya

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 days—no price history on both exchanges yet

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 0.146% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) S/USD	0.04344	L +0.0001% / S +0.0006%	pay 0.0000% / 1h	37m 17s	$669	—	150x
Short	Reya SRUSDPERP	0.04338	−0.0101	pay 0.0013% / 1h	37m 17s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.146%Rate

Funding earned: −$21.37
Price spread: −0.146% → 0.000%: −$14.6
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$51.97
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Reya: 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	−0.2632%	1h	0.04311	−0.754%	$35K	$23K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1248%	1h	0.04308	−0.827%	$53K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04342	−0.049%	$2K	—	100x	as long as short
Reya SRUSDPERPshort	−0.0101%	1h	0.04338	−0.146%	$4	—	15x
Variational Omni S	−0.0067%	4h	0.04324	−0.452%	$669K	$7K	—	as long as short
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.04343	−0.021%	$73K	$11K	10x	as long as short
gTrade (Gains Network) S/USDlong	L +0.0001% / S +0.0006%	1h	0.04344	long leg	$669	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	−5.615%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0074%	4h	0.04339	−0.113%	$108K	$630K	10x	as long as short
Lighter S	+0.0096%	1h	0.04340	−0.090%	$186K	$100K	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	0.04343	−0.028%	$1.1M	$712K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04339	−0.121%	$47K	$175K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04336	−0.191%	$6.3M	$16.9M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04334	−0.228%	$6.2M	$4.8M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04336	−0.182%	$1.2M	$5.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04337	−0.159%	$363K	$219K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04341	−0.067%	$4.6M	$2.3M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04337	−0.159%	$2.0M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04340	−0.090%	$1.3M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04340	−0.090%	—	$6.9M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04330	−0.320%	$25K	$510K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04335	−0.203%	$240K	$1.3M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04325	−0.435%	$306K	$123K	75x	as long as short
Backpack S_USDC_PERP	+0.0354%	1h	0.04330	−0.320%	$102K	$472K	5x	as long as short
01 Exchange SUSD	+0.0920%	1h	0.04170	−4.004%	$25K	$3K	5x	as long as short