Spread before costs (cost unknown: a leg has no order-book sample)+3.317%
7d average—if it closes, per $10,000$332funding while held, a day−$2.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01170 | 0.0104 | pay 0.0013% / 1h | 40m 21s | $59K | $276K | 5x |
| Short | Injective W/USDC PERP | 0.01209 | 0.0033 | get 0.0004% / 1h | 40m 21s | $1K | $23K | 12x |
Extended W-USD
Injective W/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
- $331.66
- Funding while held
- −$2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $324.52
- Spread needed to break even
- 0.050%
Slippage unknown: Extended: live order book, 14 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0071%
- Per $10,000 a day
- −$2.12
- 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 Extended live order book, 14 min ago | 3.00 bp | 112.8 bp −$113 | 434.6 bp −$4,346 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
W price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.01169cheapestGate0.01169cheapestOKX0.01170+0.051%Bitget0.01170+0.051%
Bybit
Gate
OKX
BitgetExtended0.01170+0.067%
Binance0.01170+0.077%MEXC0.01171+0.094%Hyperliquid0.01171+0.137%KuCoin0.01171+0.137%Deribit0.01172+0.188%Variational Omni0.01172+0.193%BingX0.01172+0.248%Backpack0.01173+0.308%Kraken Futures0.01173+0.330%Coinbase International0.01177+0.650%
Binance
MEXC
Hyperliquid
KuCoin
Deribit
Variational Omni
BingX
Backpack
Kraken Futures
Coinbase InternationalInjective0.01209+3.386%
W on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WUSDT | −0.067% | +0.0100% | 4h | $4.1M | $2.3M | 50x | as long as short |
| Gate W_USDT | −0.067% | +0.0100% | 4h | $443K | $323K | 75x | as long as short |
| OKX W-USDT-SWAP | −0.016% | +0.0100% | 4h | $1.3M | $2.3M | 20x | as long as short |
| Bitget WUSDT | −0.016% | +0.0100% | 4h | $1.2M | $583K | 50x | as long as short |
| Extended W-USDlong | 0.000% | +0.0104% | 1h | $59K | $276K | 5x | |
| Binance WUSDT | +0.009% | +0.0100% | 4h | $2.9M | $8.4M | 50x | as long as short |
| MEXC W_USDT | +0.027% | +0.0100% | 4h | $11.5M | $1.3M | 50x | as long as short |
| Hyperliquid W | +0.069% | +0.0100% | 1h | $2.0M | $611K | 5x | as long as short |
| KuCoin WUSDTM | +0.069% | +0.0100% | 4h | $409K | $247K | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.121% | −0.0432% | 1h | $18K | $351 | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni W | +0.125% | +0.0100% | 4h | $71K | $41K | — | as long as short |
| BingX W-USDT | +0.180% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Backpack W_USDC_PERP | +0.240% | +0.0410% | 1h | $39K | $49K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.263% | +0.0901% | 1h | $146K | $193K | 20x | as long as short |
| Coinbase International W-PERP-INTX | +0.582% | +0.0024% | 1h | $14K | $22K | 50x | as long as short |
| Injective W/USDC PERPshort | +3.317% | +0.0033% | 1h | $1K | $23K | 12x |