Funding you earn now, next payment 00:00 UTC−0.0359%/8h= −39.3% APRnext payment −$0.45 per $10,000 · paid last 24h −0.112%
Price spread now: Injective against Coinbase International−2.741%64s7-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 −$11 a day on $10k at the current rate, and Injective is 2.741% cheaper against Coinbase International than usual: you would sell low and buy high (−$274 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALT-PERP-INTX | 0.007589 | 0.0392 | pay 0.0049% / 1h | 41m 25s | $14K | $3K | 50x |
| Short | Injective ALT/USDC PERP | 0.007381 | 0.0033 | get 0.0004% / 1h | 41m 25s | $815 | $4K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- −$75.32
- Price spread: −2.741% → 0.000%
- −$274.08
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$359.42
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Coinbase International and 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 | −0.474% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | −0.0280% | 1h | 0.007548 | −0.540% | — | $0 | 25x | as long as short |
| Gate ALT_USDT | −0.0023% | 8h | 0.007544 | −0.593% | $51K | $403K | 25x | as long as short |
| Variational Omni ALT | +0.0019% | 4h | 0.007542 | −0.622% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007381 | −2.741% | $815 | $4K | 5.5x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007546 | −0.567% | $1.1M | $184K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007547 | −0.553% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007540 | −0.646% | $1.2M | $1.6M | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007548 | −0.540% | $402K | $184K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007553 | −0.474% | $149K | $21K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007533 | −0.738% | $599K | $123K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007545 | −0.580% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0150% | 4h | 0.007552 | −0.488% | $172K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTXlong | +0.0392% | 1h | 0.007589 | long leg | $14K | $3K | 50x |
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Gate ALT_USDT
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT