Funding you earn now, next payment 09:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +2.173%
Price spread now: Extended against 01 Exchange+3.263%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$6 a day on $10k at the current rate, and Extended is 3.263% dearer against 01 Exchange than usual: you sell high and buy low: +$326 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 | 01 Exchange SUSD | 0.04180 | −0.0104 | get 0.0013% / 1h | 34m 47s | $25K | $3K | 5x |
| Short | Extended S-USD | 0.04316 | 0.0104 | get 0.0013% / 1h | 34m 47s | $240K | $1.3M | 10x |
01 Exchange SUSD
Extended S-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against 01 Exchange. 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
- $43.68
- Price spread: +3.263% → 0.000%
- $326.26
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $357.94
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 3 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 3 min ago | 3.48 bp | 29.1 bp −$29 | 252.6 bp −$2,526 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.2642% | 1h | 0.04295 | +2.752% | $35K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1248% | 1h | 0.04308 | +3.062% | $53K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04325 | +3.474% | $2K | — | 100x | as long as short |
| 01 Exchange SUSDlong | −0.0104% | 1h | 0.04180 | long leg | $25K | $3K | 5x | |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04316 | +3.249% | $4 | — | 15x | as long as short |
| Variational Omni S | −0.0056% | 4h | 0.04316 | +3.260% | $670K | $7K | — | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.04324 | +3.445% | $73K | $11K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04329 | +3.575% | $667 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −1.914% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0072% | 4h | 0.04318 | +3.301% | $107K | $630K | 10x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Variational Omni S
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDCShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.04324 | +3.445% | $185K | $100K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.04322 | +3.407% | $1.1M | $714K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04319 | +3.335% | $47K | $175K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04324 | +3.445% | $6.3M | $16.9M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04318 | +3.301% | $6.2M | $4.8M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04322 | +3.397% | $1.2M | $4.9M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04319 | +3.325% | $361K | $219K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04325 | +3.469% | $4.6M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04318 | +3.301% | $2.0M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04323 | +3.421% | $1.3M | $2.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04318 | +3.301% | — | $6.9M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04340 | +3.828% | $25K | $512K | 50x | as long as short |
| Extended S-USDshort | +0.0104% | 1h | 0.04316 | +3.263% | $240K | $1.3M | 10x | |
| BloFin S-USDT | +0.0340% | 4h | 0.04330 | +3.589% | $306K | $123K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0348% | 1h | 0.04330 | +3.589% | $102K | $473K | 5x | as long as short |
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
BloFin S-USDT
Backpack S_USDC_PERP