S

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.2131%/8h= +233.3% APRnext payment +$2.66 per $10,000 · paid last 24h +2.112%

Price spread now: Reya against 01 Exchange−0.078%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Reya

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

Funding pays, the price is against you. Reya is 0.078% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3 hours of funding at the current rate (+$64 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SUSD	0.04460	−0.2232	get 0.0279% / 1h	23m 26s	$27K	$3K	5x
Short	Reya SRUSDPERP	0.04457	−0.0101	pay 0.0013% / 1h	23m 26s	$4	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against 01 Exchange. 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 01 ExchangebpFee ReyabpOrdersPrice spread, now −0.078%Rate

Funding earned: $447.47
Price spread: −0.078% → 0.000%: −$7.79
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $426.68
Costs to cover: 0.130%
Break-even: 0.3 days

Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

01 Exchange 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
Kraken Futures PF_SUSD	−0.2544%	1h	0.04461	+0.016%	$38K	$22K	10x	as long as short
01 Exchange SUSDlong	−0.2232%	1h	0.04460	long leg	$27K	$3K	5x
Coinbase International S-PERP-INTX	−0.1248%	1h	0.04308	−3.408%	$53K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04465	+0.105%	$2K	—	100x	as long as short
Variational Omni S	−0.0102%	4h	0.04403	−1.275%	$682K	$7K	—	as long as short
Reya SRUSDPERPshort	−0.0101%	1h	0.04457	−0.078%	$4	—	15x
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.04469	+0.202%	$75K	$11K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04444	−0.350%	$685	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	−8.072%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0068%	4h	0.04463	+0.067%	$111K	$639K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter S	+0.0096%	1h	0.04458	−0.045%	$191K	$100K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04460	+0.009%	$1.1M	$737K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04463	+0.073%	$49K	$185K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04459	−0.022%	$6.6M	$17.3M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04452	−0.179%	$6.4M	$4.9M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04455	−0.112%	$1.3M	$5.2M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04458	−0.045%	$380K	$232K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04457	−0.067%	$4.7M	$2.4M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04457	−0.067%	$2.1M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04461	+0.022%	$1.3M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04461	+0.022%	—	$7.0M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04380	−1.794%	$25K	$514K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04456	−0.100%	$247K	$1.3M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04431	−0.650%	$312K	$119K	75x	as long as short
Backpack S_USDC_PERP	+0.0692%	1h	0.04480	+0.448%	$105K	$474K	5x	as long as short