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: Gate against Injective+3.779%54s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 3.779% dearer against Injective than usual: you sell high and buy low: +$378 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective A/USDC PERP0.089450.0033pay 0.0004% / 1h56m 22s$1K$55.5x
ShortGate A_USDT0.092830.0100get 0.0050% / 4h56m 22s$217K$66K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$14
Price spread: +3.779% → 0.000%
$377.86
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$376.84
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 60 min ago. 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 Injective no order-book sample
Sell Gate live order book, 60 min ago19.38 bp419.9 bp −$420doesn't fitdoesn't fitdoesn't fit
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 PERPlong+0.0033%1h0.08945long leg$1K$55.5x
BloFin A-USDT+0.0074%4h0.09292+3.879%$150K$7K75xas long as short
Binance AUSDT+0.0100%4h0.09300+3.969%$2.9M$3.1M75xas long as short
Bybit AUSDT+0.0100%4h0.09286+3.812%$3.2M$964K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09294+3.902%$732K$487K10xas long as short
Gate A_USDTshort+0.0100%4h0.09283+3.779%$217K$66K50x
MEXC A_USDT+0.0100%4h0.09299+3.958%$4.0M$135K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09297+3.935%$681K$49K75xas long as short
Bitget AUSDT+0.0100%4h0.09299+3.958%$909K$182K75xas long as short
BingX A-USDT+0.0100%4h0.09296+3.924%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09274+3.679%$1K$1as long as short