S

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.018%

Price spread now: Extended against Injective+0.340%100s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Extended

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.340% dearer against Injective than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 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	Injective S/USDC PERP	0.04100	0.0033	pay 0.0004% / 1h	11m 24s	$2K	$37K	12x
Short	Extended S-USD	0.04114	0.0104	get 0.0013% / 1h	11m 24s	$231K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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 InjectivebpFee ExtendedbpOrdersPrice spread, now +0.340%Rate

Funding earned: $14.84
Price spread: +0.340% → 0.000%: $34.03
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $43.85
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Extended: live order book, 2 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 Injective no order-book sample	—	—	—	—	—
Sell Extended live order book, 2 min ago	6.07 bp	33.2 bp −$33	238.8 bp −$2,388	doesn't fit	doesn't fit

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
01 Exchange SUSD	−1.1704%	1h	0.03970	−3.171%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1673%	1h	0.04106	+0.150%	$34K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1456%	1h	0.04022	−1.902%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04123	+0.559%	$1K	—	100x	as long as short
Variational Omni S	−0.0114%	4h	0.04135	+0.858%	$641K	$31K	—	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04126	+0.635%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04123	+0.560%	$2K	—	150x	as long as short
Injective S/USDC PERPlong	+0.0033%	1h	0.04100	long leg	$2K	$37K	12x
Orderly PERP_S_USDC	+0.0069%	4h	0.04123	+0.561%	$102K	$328K	10x	as long as short
Lighter S	+0.0096%	1h	0.04119	+0.463%	$172K	$157K	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	0.04125	+0.600%	$1.0M	$558K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04114	+0.332%	$45K	$133K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04122	+0.534%	$5.7M	$13.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04119	+0.463%	$5.9M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04123	+0.561%	$1.1M	$4.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04119	+0.463%	$338K	$201K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04119	+0.463%	$4.0M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04119	+0.463%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04122	+0.537%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04123	+0.561%	—	$6.7M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04120	+0.488%	$25K	$451K	50x	as long as short
Extended S-USDshort	+0.0104%	1h	0.04114	+0.340%	$231K	$1.1M	10x
BloFin S-USDT	+0.0340%	4h	0.04132	+0.780%	$284K	$105K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0723%	1h	0.04113	+0.317%	$69K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1587%	1h	0.04110	+0.244%	$121K	$373K	5x	as long as short