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

A

all A markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0113%/8h= −12.3% APRpaid last 24h −0.016%
Price spread now: Injective against BloFin−4.178%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 −$3 a day on $10k at the current rate, and Injective is 4.178% cheaper against BloFin than usual: you would sell low and buy high (−$418 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin A-USDT0.093350.0146pay 0.0073% / 4h3m 20s$149K$7K75x
ShortInjective A/USDC PERP0.089450.0033get 0.0004% / 1h3m 20s$1K$55.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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
−$23.66
Price spread: −4.178% → 0.000%
−$417.78
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$453.46
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 26 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 BloFin live order book, 26 min ago6.42 bp17.5 bp −$1859.9 bp −$599doesn'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%1h0.08945−4.178%$1K$55.5x
Binance AUSDT+0.0100%4h0.09366+0.333%$2.9M$3.0M75xas long as short
Bybit AUSDT+0.0100%4h0.09347+0.129%$3.2M$957K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09364+0.311%$746K$504K10xas long as short
Gate A_USDT+0.0100%4h0.09344+0.096%$218K$66K50xas long as short
MEXC A_USDT+0.0100%4h0.09364+0.311%$4.1M$138K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09362+0.289%$686K$46K75xas long as short
Bitget AUSDT+0.0100%4h0.09364+0.311%$915K$182K75xas long as short
BingX A-USDT+0.0100%4h0.09358+0.246%$6.5Mas long as short
Variational Omni A+0.0100%4h0.09317−0.194%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDTlong+0.0146%4h0.09335long leg$149K$7K75x