Spread before costs (cost unknown: a leg has no order-book sample)−4.805%
7d average+0.277%if it closes, per $10,000$480funding while held, a day−$6.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective S/USDC PERP | 0.04100 | 0.0033 | pay 0.0004% / 1h | 9m 28s | $2K | $161K | 12x |
| Short | Orderly PERP_S_USDC | 0.03903 | −0.0199 | pay 0.0099% / 4h | 9m 28s | $103K | $331K | 10x |
Injective S/USDC PERP
Orderly PERP_S_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$480.49
- Funding while held
- −$6.96
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$493.46
- Spread needed to break even
- 0.060%
Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0232%
- Per $10,000 a day
- −$6.96
- Average in range /8h
- —
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 Injective no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03811+0.820%
Kraken Futures0.03900+3.170%KuCoin0.03902+3.228%Bybit0.03903+3.254%
Coinbase International
Kraken Futures
KuCoin
BybitOrderly0.03903+3.254%
Gate0.03904+3.280%BingX0.03905+3.307%Reya0.03906+3.329%Bitget0.03906+3.333%Extended0.03907+3.359%OKX0.03907+3.360%MEXC0.03907+3.360%Deribit0.03907+3.360%GMX0.03907+3.370%gTrade (Gains Network)0.03908+3.376%Binance0.03908+3.389%Lighter0.03909+3.413%Hyperliquid0.03910+3.437%Backpack0.03910+3.439%Aster0.03912+3.491%BloFin0.03919+3.677%Variational Omni0.03921+3.739%ApeX Omni0.03930+3.968%
Gate
BingX
Reya
Bitget
Extended
OKX
MEXC
Deribit
GMX
gTrade (Gains Network)
Binance
Lighter
Hyperliquid
Backpack
Aster
BloFin
Variational Omni
ApeX OmniInjective0.04100+8.466%
S on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −7.805% | −1.1272% | 1h | $23K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −7.049% | −0.2432% | 1h | $47K | $11K | 25x | as long as short |
| Kraken Futures PF_SUSD | −4.882% | −0.2451% | 1h | $33K | $48K | 10x | as long as short |
| KuCoin SUSDTM | −4.829% | +0.0100% | 4h | $1.8M | $3.9M | 50x | as long as short |
| Bybit SUSDT | −4.805% | +0.0100% | 4h | $5.6M | $9.5M | 50x | as long as short |
| Orderly PERP_S_USDCshort | −4.805% | −0.0199% | 4h | $103K | $331K | 10x | |
| Gate S_USDT | −4.780% | +0.0100% | 4h | $326K | $410K | 50x | as long as short |
| BingX S-USDT | −4.756% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Reya SRUSDPERP | −4.736% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Bitget SUSDT | −4.732% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended S-USD | −4.708% | +0.0104% | 1h | $220K | $944K | 10x | as long as short |
| OKX S-USDT-SWAP | −4.707% | +0.0094% | 4h | $1.0M | $12.5M | 20x | as long as short |
| MEXC S_USDT | −4.707% | +0.0100% | 4h | $3.5M | $3.5M | 200x | as long as short |
| Deribit S_USDC-PERPETUAL | −4.707% | +0.0006% | 1h | $66K | $11K | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | −4.698% | L −0.0378% / S +0.0350% | 1h | $1K | — | 100x | as long as short |
| gTrade (Gains Network) S/USD | −4.692% | L +0.0001% / S +0.0006% | 1h | $602 | — | 150x | as long as short |
| Binance SUSDT | −4.680% | +0.0100% | 4h | $5.3M | $40.5M | 75x | as long as short |
| Lighter S | −4.659% | +0.0096% | 1h | $164K | $341K | 5x | as long as short |
| Hyperliquid S | −4.637% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Backpack S_USDC_PERP | −4.634% | +0.0100% | 1h | $114K | $218K | 5x | as long as short |
| Aster SUSDT | −4.586% | −0.0121% | 4h | $45K | $263K | 10x | as long as short |
| BloFin S-USDT | −4.415% | +0.0340% | 4h | $289K | $266K | 75x | as long as short |
| Variational Omni S | −4.358% | −0.1023% | 4h | $609K | $121K | — | as long as short |
| ApeX Omni SUSDT | −4.146% | +0.0100% | 1h | $24K | $502K | 50x | as long as short |
| Injective S/USDC PERPlong | 0.000% | +0.0033% | 1h | $2K | $161K | 12x |