Settings8H · net · $10k
Funding arb · Price arb /

A

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against BingX−4.372%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.372% cheaper against BingX than usual: you would sell low and buy high (−$437 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX A-USDT0.093540.0100pay 0.0050% / 4h1h 08m$6.5M
ShortInjective A/USDC PERP0.089450.0033get 0.0004% / 1h8m 41s$1K$55.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BingX. 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

Funding earned
−$14
Price spread: −4.372% → 0.000%
−$437.25
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$461.27
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago4.28 bp21.2 bp −$2177.8 bp −$778doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective A/USDC PERPshort+0.0033%1h0.08945−4.372%$1K$55.5x
BloFin A-USDT+0.0056%4h0.09349−0.053%$148K$7K75xas long as short
Binance AUSDT+0.0100%4h0.09348−0.064%$2.9M$3.2M75xas long as short
Bybit AUSDT+0.0100%4h0.09339−0.160%$3.2M$968K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09349−0.053%$747K$516K10xas long as short
Gate A_USDT+0.0100%4h0.09360+0.064%$219K$67K50xas long as short
MEXC A_USDT+0.0100%4h0.09346−0.086%$4.0M$145K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09360+0.064%$681K$46K75xas long as short
Bitget AUSDT+0.0100%4h0.09355+0.011%$898K$176K75xas long as short
BingX A-USDTlong+0.0100%4h0.09354long leg$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09330−0.259%$1K$1as long as short