Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.013%
Price spread now: Injective against Bitget−2.238%7-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 2.238% cheaper against Bitget than usual: you would sell low and buy high (−$224 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALTUSDT | 0.007550 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $606K | $119K | 50x |
| Short | Injective ALT/USDC PERP | 0.007381 | 0.0033 | get 0.0004% / 1h | 46m 56s | $815 | $4K | 5.5x |
Bitget ALTUSDT
Injective ALT/USDC PERPFunding 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 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: −2.238% → 0.000%
- −$223.84
- 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
- −$249.86
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 23 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 Bitget live order book, 23 min ago | 3.98 bp | 27.1 bp −$27 | doesn't fit | 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0497% | 1h | 0.007553 | +0.037% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | −0.0412% | 1h | 0.007549 | −0.013% | — | $0 | 25x | as long as short |
| Variational Omni ALT | +0.0013% | 4h | 0.007549 | −0.015% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007381 | −2.238% | $815 | $4K | 5.5x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007546 | −0.053% | $1.1M | $183K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007550 | 0.000% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007545 | −0.066% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007552 | +0.026% | $52K | $402K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007549 | −0.013% | $402K | $183K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007554 | +0.053% | $149K | $21K | 30x | as long as short |
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDTlong | +0.0100% | 4h | 0.007550 | long leg | $606K | $119K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007551 | +0.013% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0132% | 4h | 0.007549 | −0.013% | $172K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007589 | +0.517% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX