W

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.038%

Price spread now: Extended against Injective−2.824%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 Extended

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 airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 2.824% cheaper against Injective than usual: you would sell low and buy high (spread −2.824% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$282 on $10k: about 4 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective W/USDC PERP	0.01209	0.0033	pay 0.0004% / 1h	53m 02s	$1K	$1K	12x
Short	Extended W-USD	0.01175	0.0104	get 0.0013% / 1h	53m 02s	$60K	$151K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −2.824%Rate

Funding earned: $14.84
Price spread: −2.824% → 0.000%: −$282.38
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$272.56
Costs to cover: 0.050%
Break-even: 135.6 days

Slippage unknown: Injective: no order-book sample; Extended: live order book, 59 min ago. 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 Extended live order book, 59 min ago	2.94 bp	58.8 bp −$59	334.9 bp −$3,349	doesn't fit	doesn't fit

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 on 17 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
Deribit W_USDC-PERPETUAL	0.0000%	1h	0.01176	−2.763%	$15K	$3K	10x	as long as short
Injective W/USDC PERPlong	+0.0033%	1h	0.01209	long leg	$1K	$1K	12x
Gate W_USDT	+0.0056%	4h	0.01177	−2.680%	$429K	$233K	75x	as long as short
Hyperliquid W	+0.0100%	1h	0.01176	−2.730%	$2.0M	$286K	5x	as long as short
Binance WUSDT	+0.0100%	4h	0.01176	−2.759%	$2.9M	$5.4M	50x	as long as short
Bybit WUSDT	+0.0100%	4h	0.01174	−2.878%	$4.1M	$1.6M	50x	as long as short
OKX W-USDT-SWAP	+0.0100%	4h	0.01175	−2.829%	$1.3M	$1.6M	20x	as long as short
MEXC W_USDT	+0.0100%	4h	0.01175	−2.796%	$12.5M	$1.3M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	0.01172	−3.060%	$385K	$197K	50x	as long as short
Bitget WUSDT	+0.0100%	4h	0.01175	−2.812%	$1.3M	$542K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX W-USDT	+0.0100%	4h	0.01175	−2.821%	—	$6.7M	—	as long as short
Backpack W_USDC_PERP	+0.0100%	1h	0.01177	−2.647%	$44K	$42K	15x	as long as short
Variational Omni W	+0.0100%	4h	0.01173	−3.011%	$72K	$40K	—	as long as short
GRVT W_USDT_Perp	+0.0100%	4h	0.01174	−2.889%	$126K	$366K	10x	as long as short
Extended W-USDshort	+0.0104%	1h	0.01175	−2.824%	$60K	$151K	5x
Coinbase International W-PERP-INTX	+0.0400%	1h	0.01175	−2.821%	$14K	$14K	50x	as long as short
Kraken Futures PF_WUSD	+0.1735%	1h	0.01177	−2.607%	$146K	$185K	20x	as long as short