Funding you earn now, next payment 01:00 UTC+0.3833%/8h= +419.7% APRnext payment +$4.79 per $10,000 · paid last 24h +2.280%
Price spread now: Injective against 01 Exchange+3.015%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$115 a day on $10k at the current rate, and Injective is 3.015% dearer against 01 Exchange than usual: you sell high and buy low: +$302 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 | 0.03980 | −0.3800 | get 0.0475% / 1h | 34m 47s | $25K | $2K | 5x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 34m 47s | $2K | $37K | 12x |
01 Exchange SUSD
Injective S/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $805
- Price spread: +3.015% → 0.000%
- $301.51
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,099.49
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
01 Exchange and 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 SUSDlong | −0.3800% | 1h | 0.03980 | long leg | $25K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.2028% | 1h | 0.03982 | +0.061% | $34K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1240% | 1h | 0.03826 | −3.869% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0873% | 4h | 0.03979 | −0.028% | $618K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.03987 | +0.183% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03982 | +0.060% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03986 | +0.157% | $614 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0022% | 4h | 0.03984 | +0.101% | $101K | $335K | 10x | as long as short |
| Injective S/USDC PERPshort | +0.0033% | 1h | 0.04100 | +3.015% | $2K | $37K | 12x | |
| Lighter S | +0.0096% | 1h | 0.03988 | +0.201% | $163K | $191K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03985 | +0.133% | $997K | $630K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03985 | +0.116% | $44K | $141K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03986 | +0.139% | $5.4M | $16.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03982 | +0.050% | $5.7M | $5.0M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03984 | +0.101% | $981K | $4.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03980 | 0.000% | $325K | $216K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03985 | +0.126% | $3.7M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03986 | +0.151% | $1.8M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03988 | +0.201% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03984 | +0.101% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03980 | 0.000% | $26K | $446K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03984 | +0.099% | $224K | $1.1M | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0144% | 1h | 0.03990 | +0.251% | $116K | $320K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0251% | 1h | 0.03990 | +0.251% | $67K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03985 | +0.126% | $269K | $126K | 75x | as long as short |
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
Backpack S_USDC_PERP
Deribit S_USDC-PERPETUAL
BloFin S-USDT