S

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.2913%/8h= −319.0% APRnext payment −$3.64 per $10,000 · paid last 24h −2.192%

Price spread now: 01 Exchange against Injective−6.098%104s7-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 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$87 a day on $10k at the current rate, and 01 Exchange is 6.098% cheaper against Injective than usual: you would sell low and buy high (−$610 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.

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	27m 33s	$2K	$37K	12x
Short	01 Exchange SUSD	0.03850	−0.2880	pay 0.0360% / 1h	27m 33s	$24K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −6.098%Rate

Funding earned: −$611.8
Price spread: −6.098% → 0.000%: −$609.76
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$1,228.58
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

Injective and 01 Exchange: 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 SUSDshort	−0.2880%	1h	0.03850	−6.098%	$24K	$2K	5x
Kraken Futures PF_SUSD	−0.2250%	1h	0.03959	−3.433%	$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	0.03961	−3.383%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03961	−3.390%	$4	—	15x	as long as short
Variational Omni S	−0.0038%	4h	0.03964	−3.310%	$613K	$30K	—	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03961	−3.380%	$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	0.03962	−3.366%	$98K	$288K	10x	as long as short
Lighter S	+0.0096%	1h	0.03966	−3.268%	$167K	$156K	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	0.03963	−3.351%	$993K	$592K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.03962	−3.366%	$47K	$142K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.03962	−3.366%	$5.5M	$13.9M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03955	−3.537%	$5.7M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03960	−3.415%	$983K	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03958	−3.463%	$322K	$190K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03962	−3.366%	$3.6M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03958	−3.463%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03963	−3.341%	$1.2M	$2.2M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03960	−3.415%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03960	−3.415%	$20K	$462K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03961	−3.400%	$225K	$1.0M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03976	−3.024%	$274K	$102K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0760%	1h	0.03966	−3.268%	$67K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1595%	1h	0.03970	−3.171%	$115K	$422K	5x	as long as short