Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−3.693%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.693% cheaper against Binance than usual: you would sell low and buy high (−$369 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AUSDT | 0.09288 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $2.9M | $3.1M | 75x |
| Short | Injective A/USDC PERP | 0.08945 | 0.0033 | get 0.0004% / 1h | 44m 08s | $1K | $5 | 5.5x |
Binance AUSDT
Injective A/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −3.693% → 0.000%
- −$369.29
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$393.31
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Injective: 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 Binance live order book, 7 min ago | 2.16 bp | 23.6 bp −$24 | 115.9 bp −$1,159 | 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.
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERPshort | +0.0033% | 1h | 0.08945 | −3.693% | $1K | $5 | 5.5x | |
| Binance AUSDTlong | +0.0100% | 4h | 0.09288 | long leg | $2.9M | $3.1M | 75x | |
| Bybit AUSDT | +0.0100% | 4h | 0.09276 | −0.129% | $3.2M | $971K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09284 | −0.043% | $732K | $497K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09266 | −0.237% | $216K | $67K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09287 | −0.011% | $4.0M | $138K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09294 | +0.065% | $681K | $50K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09295 | +0.075% | $914K | $181K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09288 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09254 | −0.362% | $1K | $1 | — | as long as short |
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDT | +0.0150% | 4h | 0.09272 | −0.172% | $148K | $7K | 75x | as long as short |
BloFin A-USDT