2Z

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%

Price spread now: Pacifica against Injective+4.159%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 4.159% dearer against Injective than usual: you sell high and buy low: +$416 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective 2Z/USDC PERP	0.04980	0.0033	pay 0.0004% / 1h	40m 09s	$867	$213	5.5x
Short	Pacifica 2Z	0.05187	0.0100	get 0.0013% / 1h	40m 09s	$75K	$15K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +4.159%Rate

Funding earned: $14
Price spread: +4.159% → 0.000%: $415.86
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $421.84
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Pacifica: 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 Pacifica no order-book sample	—	—	—	—	—

Injective and Pacifica: 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.

2Z 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
Backpack 2Z_USDC_PERP	−0.0778%	1h	0.05189	+4.197%	$45K	$20K	5x	as long as short
Injective 2Z/USDC PERPlong	+0.0033%	1h	0.04980	long leg	$867	$213	5.5x
Lighter 2Z	+0.0096%	1h	0.05180	+4.016%	$16K	$6K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05173	+3.876%	$652K	$352K	3x	as long as short
Aster 2ZUSDT	+0.0100%	4h	0.05176	+3.933%	$12K	$57K	5x	as long as short
Pacifica 2Zshort	+0.0100%	1h	0.05187	+4.159%	$75K	$15K	3x
Binance 2ZUSDT	+0.0100%	4h	0.05170	+3.815%	$2.1M	$2.0M	50x	as long as short
Bybit 2ZUSDT	+0.0100%	4h	0.05178	+3.976%	$708K	$940K	50x	as long as short
OKX 2Z-USDT-SWAP	+0.0100%	4h	0.05174	+3.896%	$441K	$688K	20x	as long as short
Gate 2Z_USDT	+0.0100%	4h	0.05170	+3.815%	$90K	$60K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDT	+0.0100%	4h	0.05175	+3.916%	$321K	$126K	50x	as long as short
KuCoin 2ZUSDTM	+0.0100%	4h	0.05174	+3.896%	$177K	$50K	50x	as long as short
Bitget 2ZUSDT	+0.0100%	4h	0.05173	+3.876%	$144K	$633K	50x	as long as short
BingX 2Z-USDT	+0.0100%	4h	0.05173	+3.876%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05200	+4.412%	$33K	$23K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05179	+3.996%	$1K	$1.1M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.0519%	1h	0.05139	+3.190%	$5K	$3K	10x	as long as short