Funding you earn now, next payment 05:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: gTrade (Gains Network) against Reya+0.047%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.047% dearer against Reya than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SRUSDPERP | 0.03966 | −0.0101 | get 0.0013% / 1h | 16m 38s | $4 | — | 15x |
| Short | gTrade (Gains Network) S/USD | 0.03968 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 16m 38s | $612 | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Reya. 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
- $19.97
- Price spread: +0.047% → 0.000%
- $4.67
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $8.64
- Costs to cover
- 0.160%
- Break-even
- 4.0 days
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Reya 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 | −0.4400% | 1h | 0.03850 | −2.927% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2251% | 1h | 0.03957 | −0.221% | $33K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1344% | 1h | 0.03927 | −0.986% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.03969 | +0.063% | $1K | — | 100x | as long as short |
| Reya SRUSDPERPlong | −0.0101% | 1h | 0.03966 | long leg | $4 | — | 15x | |
| Variational Omni S | −0.0001% | 4h | 0.03960 | −0.159% | $614K | $30K | — | as long as short |
| gTrade (Gains Network) S/USDshort | L +0.0001% / S +0.0006% | 1h | 0.03968 | +0.047% | $612 | — | 150x | |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.376% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0081% | 4h | 0.03968 | +0.048% | $98K | $291K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03971 | +0.123% | $168K | $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 | 0.03966 | −0.013% | $993K | $590K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03968 | +0.044% | $46K | $142K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03968 | +0.045% | $5.5M | $13.8M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03962 | −0.104% | $5.7M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03968 | +0.048% | $984K | $3.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03967 | +0.023% | $323K | $191K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03967 | +0.023% | $3.6M | $1.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03964 | −0.053% | $1.8M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03971 | +0.123% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03966 | −0.003% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03960 | −0.154% | $24K | $463K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03966 | −0.005% | $224K | $593K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03960 | −0.154% | $272K | $102K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.1010% | 1h | 0.03974 | +0.199% | $67K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1390% | 1h | 0.03970 | +0.098% | $115K | $423K | 5x | 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
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP