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

A

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Bitget−3.817%51s7-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 3.817% cheaper against Bitget than usual: you would sell low and buy high (−$382 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AUSDT0.093000.0100pay 0.0050% / 4h56m 28s$909K$182K75x
ShortInjective A/USDC PERP0.089450.0033get 0.0004% / 1h56m 28s$1K$55.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bitget. 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: −3.817% → 0.000%
−$381.72
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$407.74
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 64 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 Bitget live order book, 64 min ago4.30 bp26.2 bp −$26124.6 bp −$1,246doesn'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%1h0.08945−3.817%$1K$55.5x
BloFin A-USDT+0.0074%4h0.09292−0.086%$150K$7K75xas long as short
Binance AUSDT+0.0100%4h0.09298−0.026%$2.9M$3.1M75xas long as short
Bybit AUSDT+0.0100%4h0.09286−0.151%$3.2M$964K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09294−0.065%$732K$487K10xas long as short
Gate A_USDT+0.0100%4h0.09284−0.172%$217K$66K50xas long as short
MEXC A_USDT+0.0100%4h0.09299−0.011%$4.0M$135K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09297−0.032%$681K$49K75xas long as short
Bitget AUSDTlong+0.0100%4h0.09300long leg$909K$182K75x
BingX A-USDT+0.0100%4h0.09295−0.054%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09274−0.279%$1K$1as long as short