Settings8H · net · $10k
Funding arb · Price arb /

IO

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IO-USD0.14980.0104pay 0.0013% / 1h52m 51s$3K$219K5x
ShortInjective IO/USDC PERP0.14940.0619get 0.0077% / 1h52m 51s$2K$1985.5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 58 min ago6.30 bp65.3 bp −$65502.0 bp −$5,020doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IO-USDT+0.0077%4h0.1497−0.039%$192K$39K50xas long as short
Hyperliquid IO+0.0100%1h0.1498+0.035%$1.0M$361K3xas long as short
Aster IOUSDT+0.0100%4h0.1497−0.036%$23K$47K5xas long as short
Binance IOUSDT+0.0100%4h0.1499+0.073%$3.0M$6.4M50xas long as short
Bybit IOUSDT+0.0100%4h0.1496−0.132%$1.1M$900K25xas long as short
Gate IO_USDT+0.0100%4h0.1496−0.099%$228K$439K50xas long as short
MEXC IO_USDT+0.0100%4h0.1497−0.039%$1.2M$228K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.1497−0.039%$351K$623K50xas long as short
Bitget IOUSDT+0.0100%4h0.1498+0.028%$1.4M$1.3M50xas long as short
BingX IO-USDT+0.0100%4h0.1497−0.039%$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IO+0.0100%4h0.1497−0.056%$30K$16Kas long as short
Extended IO-USDlong+0.0104%1h0.1498long leg$3K$219K5x
Injective IO/USDC PERPshort+0.0619%1h0.1494−0.239%$2K$1985.5x
Kraken Futures PF_IOUSD+2.7354%1h0.1496−0.116%$39K$10K10xas long as short