S

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%

Price spread now: gTrade (Gains Network) against Injective+3.402%7-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 gTrade (Gains Network)

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—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 3.402% dearer against Injective than usual: you sell high and buy low (spread +3.402% now, against zero (this spread has no 7-day history yet)): +$340 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 months.

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	16m 59s	$2K	$37K	12x
Short	gTrade (Gains Network) S/USD	0.04239	L +0.0001% / S +0.0006%	pay 0.0001% / 1h	16m 59s	$654	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +3.402%Rate

Funding earned: −$8.28
Price spread: +3.402% → 0.000%: $340.22
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $321.92
Costs to cover: 0.100%
Break-even: from the start

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

Injective and 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	−1.1864%	1h	0.04030	−1.707%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1866%	1h	0.04235	+3.286%	$37K	$20K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1064%	1h	0.04073	−0.659%	$49K	$17K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04242	+3.468%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04247	+3.575%	$4	—	15x	as long as short
Variational Omni S	−0.0002%	4h	0.04172	+1.750%	$648K	$5K	—	as long as short
gTrade (Gains Network) S/USDshort	L +0.0001% / S +0.0006%	1h	0.04239	+3.402%	$654	—	150x
Injective S/USDC PERPlong	+0.0033%	1h	0.04100	long leg	$2K	$37K	12x
Orderly PERP_S_USDC	+0.0088%	4h	0.04241	+3.439%	$105K	$601K	10x	as long as short
Lighter S	+0.0096%	1h	0.04243	+3.488%	$183K	$142K	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	0.04256	+3.817%	$1.1M	$622K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04258	+3.863%	$46K	$146K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04264	+4.000%	$6.0M	$14.5M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04264	+4.000%	$6.1M	$4.3M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04267	+4.073%	$1.1M	$4.1M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04247	+3.585%	$345K	$201K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04257	+3.829%	$4.3M	$2.0M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04258	+3.854%	$1.9M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04257	+3.829%	$1.3M	$2.4M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04256	+3.805%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04200	+2.439%	$24K	$501K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04239	+3.394%	$240K	$1.3M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04245	+3.537%	$290K	$121K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0928%	1h	0.04249	+3.634%	$71K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1033%	1h	0.04270	+4.146%	$106K	$466K	5x	as long as short