Funding you earn now, next payment 08:00 UTC−0.9585%/8h= −1049.5% APRnext payment −$11.98 per $10,000 · paid last 24h −2.161%
Price spread now: 01 Exchange against gTrade (Gains Network)+2.244%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
The price spread pays, funding is against you. 01 Exchange is 2.244% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +2.244% now, against zero (this spread has no 7-day history yet)): +$224 on $10k if it goes back. Holding the pair costs −$288 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) S/USD | 0.04411 | L +0.0001% / S +0.0006% | pay 0.0000% / 1h | 4m 51s | $679 | — | 150x |
| Short | 01 Exchange SUSD | 0.04510 | −0.9584 | pay 0.1198% / 1h | 4m 51s | $28K | $2K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2,012.76
- Price spread: +2.244% → 0.000%
- $224.39
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$1,805.36
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 01 Exchange: 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 SUSDshort | −0.9584% | 1h | 0.04510 | +2.244% | $28K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.1797% | 1h | 0.04398 | −0.291% | $36K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1064% | 1h | 0.04342 | −1.565% | $53K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04411 | +0.006% | $2K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04401 | −0.229% | $4 | — | 15x | as long as short |
| Variational Omni S | −0.0036% | 4h | 0.04374 | −0.830% | $678K | $7K | — | as long as short |
| gTrade (Gains Network) S/USDlong | L +0.0001% / S +0.0006% | 1h | 0.04411 | long leg | $679 | — | 150x | |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −7.051% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0089% | 4h | 0.04412 | +0.022% | $110K | $605K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04412 | +0.022% | $190K | $143K | 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 | 0.04418 | +0.156% | $1.1M | $642K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04412 | +0.022% | $48K | $152K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04407 | −0.100% | $6.4M | $15.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04396 | −0.341% | $6.3M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04395 | −0.363% | $1.2M | $4.5M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04405 | −0.136% | $353K | $208K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04408 | −0.068% | $4.6M | $2.1M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04402 | −0.204% | $2.0M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04407 | −0.091% | $1.3M | $2.5M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04408 | −0.068% | — | $6.9M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04350 | −1.383% | $25K | $506K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04396 | −0.348% | $244K | $1.3M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04388 | −0.522% | $300K | $121K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0970% | 1h | 0.04410 | −0.023% | $107K | $468K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.1110% | 1h | 0.04418 | +0.158% | $74K | $10K | 10x | as long as short |
gTrade (Gains Network) S/USD
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP
Deribit S_USDC-PERPETUAL