Spread before costs (cost unknown: a leg has no order-book sample)+6.218%
7d average—if it closes, per $10,000$622funding while held, a day+$5.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03860 | −0.0136 | get 0.0017% / 1h | 41m 56s | $23K | $3K | 5x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 41m 56s | $2K | $88K | 12x |
Injective S/USDC PERPPrice 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
- $621.76
- Funding while held
- $5.08
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $619.82
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0169%
- Per $10,000 a day
- +$5.08
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
01 Exchange and 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.
S price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03826cheapestGate0.03861+0.915%Bybit0.03862+0.941%Variational Omni0.03863+0.970%Reya0.03864+0.995%OKX0.03865+1.019%KuCoin0.03865+1.019%Aster0.03865+1.020%Extended0.03866+1.039%BingX0.03866+1.045%BloFin0.03866+1.045%Kraken Futures0.03866+1.047%Orderly0.03867+1.072%MEXC0.03869+1.124%Hyperliquid0.03869+1.132%Binance0.03869+1.135%Lighter0.03870+1.150%Bitget0.03870+1.150%ApeX Omni0.03870+1.150%gTrade (Gains Network)0.03870+1.150%GMX0.03871+1.176%Deribit0.03871+1.176%Backpack0.03880+1.411%
Coinbase International
Gate
Bybit
Variational Omni
Reya
OKX
KuCoin
Aster
Extended
BingX
BloFin
Kraken Futures
Orderly
MEXC
Hyperliquid
Binance
Lighter
Bitget
ApeX Omni
gTrade (Gains Network)
GMX
Deribit
BackpackInjective0.04100+7.162%
S on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International S-PERP-INTX | −0.881% | −0.1824% | 1h | $47K | $10K | 25x | as long as short |
| 01 Exchange SUSDlong | 0.000% | −0.0136% | 1h | $23K | $3K | 5x | |
| Gate S_USDT | +0.026% | +0.0100% | 4h | $316K | $368K | 50x | as long as short |
| Bybit SUSDT | +0.052% | +0.0024% | 4h | $5.5M | $9.0M | 50x | as long as short |
| Variational Omni S | +0.080% | −0.1307% | 4h | $601K | $117K | — | as long as short |
| Reya SRUSDPERP | +0.106% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| OKX S-USDT-SWAP | +0.130% | +0.0019% | 4h | $965K | $11.8M | 20x | as long as short |
| KuCoin SUSDTM | +0.130% | +0.0100% | 4h | $1.8M | $3.7M | 50x | as long as short |
| Aster SUSDT | +0.131% | −0.0257% | 4h | $42K | $258K | 10x | as long as short |
| Extended S-USD | +0.149% | +0.0104% | 1h | $217K | $944K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX S-USDT | +0.155% | +0.0100% | 4h | — | $6.9M | — | as long as short |
| BloFin S-USDT | +0.155% | +0.0340% | 4h | $271K | $260K | 75x | as long as short |
| Kraken Futures PF_SUSD | +0.157% | −0.2324% | 1h | $33K | $41K | 10x | as long as short |
| Orderly PERP_S_USDC | +0.181% | −0.0103% | 4h | $102K | $323K | 10x | as long as short |
| MEXC S_USDT | +0.233% | +0.0100% | 4h | $3.5M | $3.4M | 200x | as long as short |
| Hyperliquid S | +0.241% | −0.0099% | 1h | $989K | $1.3M | 5x | as long as short |
| Binance SUSDT | +0.244% | +0.0100% | 4h | $5.2M | $38.1M | 75x | as long as short |
| Lighter S | +0.259% | +0.0096% | 1h | $162K | $304K | 5x | as long as short |
| Bitget SUSDT | +0.259% | +0.0100% | 4h | $1.2M | $4.5M | 50x | as long as short |
| ApeX Omni SUSDT | +0.259% | +0.0100% | 1h | $25K | $494K | 50x | as long as short |
| gTrade (Gains Network) S/USD | +0.259% | L +0.0001% / S +0.0006% | 1h | $596 | — | 150x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.285% | L −0.0225% / S +0.0214% | 1h | $1K | — | 100x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.285% | +0.0008% | 1h | $65K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.518% | +0.0678% | 1h | $117K | $242K | 5x | as long as short |
| Injective S/USDC PERPshort | +6.218% | +0.0033% | 1h | $2K | $88K | 12x |