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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0146%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.012%
Price spread now: gTrade (Gains Network) against Injective−0.582%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 feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.582% cheaper against Injective than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective S/USDC PERP0.046000.0140pay 0.0018% / 1h52m 18s$2K$212x
ShortgTrade (Gains Network) S/USD0.04573L +0.0001% / S +0.0006%pay 0.0001% / 1h52m 18s$705150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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
−$30.71
Price spread: −0.582% → 0.000%
−$58.22
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$98.95
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell gTrade (Gains Network) no order-book sample
Injective 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−1.0336%1h0.04440−3.478%$27K$3K5xas long as short
Kraken Futures PF_SUSD−0.4600%1h0.04563−0.809%$39K$23K10xas long as short
Coinbase International S-PERP-INTX−0.1904%1h0.04128−10.261%$50K$18K25xas long as short
Variational Omni S−0.0695%4h0.04567−0.721%$703K$11Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0336% / S +0.0211%1h0.04568−0.707%$2K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04561−0.839%$515xas long as short
Orderly PERP_S_USDC−0.0036%4h0.04565−0.761%$113K$645K10xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h0.04571−0.630%$77K$51210xas long as short
gTrade (Gains Network) S/USDshortL +0.0001% / S +0.0006%1h0.04573−0.582%$705150x
Lighter S+0.0096%1h0.04562−0.826%$159K$141K5xas long as short
Show all 25 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04566−0.735%$1.2M$865K5xas long as short
Aster SUSDT+0.0100%4h0.04568−0.696%$48K$154K10xas long as short
Binance SUSDT+0.0100%4h0.04563−0.794%$6.8M$20.1M75xas long as short
Bybit SUSDT+0.0100%4h0.04559−0.891%$6.4M$5.3M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04562−0.826%$1.4M$6.2M20xas long as short
Gate S_USDT+0.0100%4h0.04564−0.783%$385K$227K50xas long as short
MEXC S_USDT+0.0100%4h0.04561−0.848%$4.4M$3.0M200xas long as short
KuCoin SUSDTM+0.0100%4h0.04561−0.848%$2.2M$2.9M50xas long as short
Bitget SUSDT+0.0100%4h0.04562−0.826%$1.4M$2.9M50xas long as short
BingX S-USDT+0.0100%4h0.04562−0.826%$7.0Mas long as short
ApeX Omni SUSDT+0.0100%1h0.04580−0.435%$26K$523K50xas long as short
Extended S-USD+0.0104%1h0.04558−0.902%$243K$1.3M10xas long as short
Injective S/USDC PERPlong+0.0140%1h0.04600long leg$2K$212x
BloFin S-USDT+0.0340%4h0.04570−0.652%$336K$217K75xas long as short
Backpack S_USDC_PERP+0.0650%1h0.04580−0.435%$108K$463K5xas long as short