Funding you earn now, next payment 11:00 UTC+1.0650%/8h= +1166.2% APRnext payment +$13.31 per $10,000 · paid last 24h +1.983%
Price spread now: gTrade (Gains Network) against 01 Exchange+2.147%48s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$319 a day on $10k at the current rate, and gTrade (Gains Network) is 2.147% dearer against 01 Exchange than usual: you sell high and buy low: +$215 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | 01 Exchange SUSD | 0.04440 | −1.0656 | get 0.1332% / 1h | 5m 33s | $27K | $3K | 5x |
| Short | gTrade (Gains Network) S/USD | 0.04535 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 5m 33s | $699 | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $2,236.48
- Price spread: +2.147% → 0.000%
- $214.68
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $2,434.16
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
01 Exchange 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 exchanges
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 SUSDlong | −1.0656% | 1h | 0.04440 | long leg | $27K | $3K | 5x | |
| Kraken Futures PF_SUSD | −0.4640% | 1h | 0.04523 | +1.864% | $38K | $28K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1904% | 1h | 0.04510 | +1.577% | $55K | $23K | 25x | as long as short |
| Variational Omni S | −0.1258% | 4h | 0.04524 | +1.887% | $724K | $50K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0336% / S +0.0211% | 1h | 0.04538 | +2.203% | $2K | — | 100x | as long as short |
| Orderly PERP_S_USDC | −0.0116% | 4h | 0.04529 | +2.005% | $112K | $637K | 10x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04530 | +2.028% | $5 | — | 15x | as long as short |
| OKX S-USDT-SWAP | −0.0040% | 4h | 0.04547 | +2.410% | $1.4M | $7.6M | 20x | as long as short |
| gTrade (Gains Network) S/USDshort | L +0.0001% / S +0.0006% | 1h | 0.04535 | +2.147% | $699 | — | 150x | |
| Bybit SUSDT | +0.0036% | 4h | 0.04540 | +2.252% | $6.5M | $6.7M | 50x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.04538 | +2.207% | $158K | $158K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.04537 | +2.176% | $1.1M | $1.0M | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04541 | +2.283% | $48K | $171K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04548 | +2.432% | $7.0M | $25.9M | 75x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04537 | +2.185% | $384K | $388K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04548 | +2.432% | $4.1M | $3.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04548 | +2.432% | $2.2M | $3.0M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04545 | +2.365% | $1.4M | $3.5M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04543 | +2.320% | — | $7.1M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04540 | +2.252% | $24K | $532K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04540 | +2.248% | $258K | $1.3M | 10x | as long as short |
| Injective S/USDC PERP | +0.0140% | 1h | 0.04600 | +3.604% | $2K | $2 | 12x | as long as short |
| Backpack S_USDC_PERP | +0.0163% | 1h | 0.04540 | +2.252% | $103K | $458K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04540 | +2.252% | $366K | $240K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0412% | 1h | 0.04536 | +2.162% | $76K | $623 | 10x | as long as short |
01 Exchange SUSD
gTrade (Gains Network) S/USD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
OKX S-USDT-SWAP
Bybit SUSDT
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Injective S/USDC PERP
Backpack S_USDC_PERP
BloFin S-USDT
Deribit S_USDC-PERPETUAL