Funding you earn now, next payment 06:00 UTC+0.0515%/8h= +56.4% APRnext payment +$0.64 per $10,000 · paid last 24h −0.541%
Price spread now: Injective against Extended−0.239%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Injective is 0.239% cheaper against Extended than usual: you would sell low and buy high (spread −0.239% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 37 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended IO-USD | 0.1498 | 0.0104 | pay 0.0013% / 1h | 52m 51s | $3K | $219K | 5x |
| Short | Injective IO/USDC PERP | 0.1494 | 0.0619 | get 0.0077% / 1h | 52m 51s | $2K | $198 | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- $108.24
- Price spread: −0.239% → 0.000%
- −$23.91
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $79.31
- Costs to cover
- 0.050%
- Break-even
- 1.9 days
Slippage unknown: Extended: live order book, 58 min ago; 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 Extended live order book, 58 min ago | 6.30 bp | 65.3 bp −$65 | 502.0 bp −$5,020 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IO-USDT | +0.0077% | 4h | 0.1497 | −0.039% | $192K | $39K | 50x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1498 | +0.035% | $1.0M | $361K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1497 | −0.036% | $23K | $47K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1499 | +0.073% | $3.0M | $6.4M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1496 | −0.132% | $1.1M | $900K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1496 | −0.099% | $228K | $439K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1497 | −0.039% | $1.2M | $228K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1497 | −0.039% | $351K | $623K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1498 | +0.028% | $1.4M | $1.3M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1497 | −0.039% | — | $1.3M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1497 | −0.056% | $30K | $16K | — | as long as short |
| Extended IO-USDlong | +0.0104% | 1h | 0.1498 | long leg | $3K | $219K | 5x | |
| Injective IO/USDC PERPshort | +0.0619% | 1h | 0.1494 | −0.239% | $2K | $198 | 5.5x | |
| Kraken Futures PF_IOUSD | +2.7354% | 1h | 0.1496 | −0.116% | $39K | $10K | 10x | as long as short |
Extended IO-USD
Injective IO/USDC PERP
BloFin IO-USDT
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDT
Variational Omni IO
Kraken Futures PF_IOUSD