Funding you earn now, next payment 04:00 UTC−0.4900%/8h= −536.6% APRpaid last 24h −0.052%
Price spread now: Bitget against Injective−1.079%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 −$147 a day on $10k at the current rate, and Bitget is 1.079% cheaper against Injective than usual: you would sell low and buy high (−$108 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 | Injective ALT/USDC PERP | 0.007691 | 0.5000 | pay 0.0625% / 1h | 54m 30s | $837 | $4K | 5.5x |
| Short | Bitget ALTUSDT | 0.007608 | 0.0100 | get 0.0050% / 4h | 54m 30s | $600K | $108K | 50x |
Injective ALT/USDC PERP
Bitget ALTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- −$1,029
- Price spread: −1.079% → 0.000%
- −$107.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,148.94
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 3.29 bp | 33.2 bp −$33 | 116.4 bp −$1,164 | doesn't fit | doesn'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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007617 | −0.962% | — | $0 | 25x | as long as short |
| BloFin ALT-USDT | +0.0092% | 4h | 0.007588 | −1.339% | $173K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007614 | −1.001% | $1.1M | $193K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007616 | −0.978% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007607 | −1.092% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007611 | −1.040% | $48K | $390K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007616 | −0.975% | $405K | $183K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007612 | −1.027% | $151K | $21K | 30x | as long as short |
| Bitget ALTUSDTshort | +0.0100% | 4h | 0.007608 | −1.079% | $600K | $108K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007610 | −1.053% | — | $1.3M | — | as long as short |
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007605 | −1.115% | $4K | $16K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0314% | 1h | 0.007620 | −0.918% | $45K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007700 | +0.117% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERPlong | +0.5000% | 1h | 0.007691 | long leg | $837 | $4K | 5.5x |
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX