S

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0135%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.040%

Price spread now: Reya against Injective−3.316%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Reya is 3.316% cheaper against Injective than usual: you would sell low and buy high (−$332 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

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	22m 31s	$2K	$37K	12x
Short	Reya SRUSDPERP	0.03964	−0.0101	pay 0.0013% / 1h	22m 31s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee InjectivebpFee ReyabpOrdersPrice spread, now −3.316%Rate

Funding earned: −$28.25
Price spread: −3.316% → 0.000%: −$331.62
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: −$365.89
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Reya: 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 Injective no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Injective and Reya: 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 SUSD	−0.3784%	1h	0.03850	−6.098%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2249%	1h	0.03960	−3.414%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1344%	1h	0.03927	−4.220%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.03966	−3.266%	$1K	—	100x	as long as short
Reya SRUSDPERPshort	−0.0101%	1h	0.03964	−3.316%	$4	—	15x
Variational Omni S	−0.0018%	4h	0.03959	−3.445%	$614K	$30K	—	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03965	−3.281%	$611	—	150x	as long as short
Injective S/USDC PERPlong	+0.0033%	1h	0.04100	long leg	$2K	$37K	12x
Orderly PERP_S_USDC	+0.0081%	4h	0.03965	−3.293%	$98K	$289K	10x	as long as short
Lighter S	+0.0096%	1h	0.03967	−3.244%	$167K	$157K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.03964	−3.320%	$993K	$590K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.03964	−3.324%	$46K	$142K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.03960	−3.414%	$5.5M	$13.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03955	−3.537%	$5.7M	$4.4M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03958	−3.463%	$983K	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03960	−3.415%	$322K	$191K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03964	−3.317%	$3.6M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03961	−3.390%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03964	−3.317%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03962	−3.366%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03960	−3.415%	$24K	$464K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03958	−3.472%	$225K	$780K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03965	−3.293%	$270K	$102K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0759%	1h	0.03970	−3.171%	$67K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1510%	1h	0.03970	−3.171%	$115K	$422K	5x	as long as short