Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.055%
Price spread now: BloFin against Injective+0.026%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.026% dearer against Injective than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALT/USDC PERP | 0.007604 | 0.0033 | pay 0.0004% / 1h | 41m 09s | $827 | $4K | 5.5x |
| Short | BloFin ALT-USDT | 0.007606 | 0.0100 | get 0.0050% / 4h | 1h 41m | $173K | $10K | 50x |
Injective ALT/USDC PERP
BloFin ALT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $14.03
- Price spread: +0.026% → 0.000%
- $2.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $4.64
- Costs to cover
- 0.120%
- Break-even
- 4.7 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 71 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 BloFin live order book, 71 min ago | 1.99 bp | 19.8 bp −$20 | 56.8 bp −$568 | 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 | 0.007602 | −0.026% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007604 | long leg | $827 | $4K | 5.5x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007598 | −0.079% | $1.1M | $191K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007603 | −0.015% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007596 | −0.105% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007602 | −0.026% | $48K | $396K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007602 | −0.026% | $409K | $180K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007611 | +0.092% | $151K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007605 | +0.013% | $601K | $109K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007597 | −0.092% | — | $1.3M | — | as long as short |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
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 | 0.007602 | −0.024% | $4K | $15K | — | as long as short |
| BloFin ALT-USDTshort | +0.0100% | 4h | 0.007606 | +0.026% | $173K | $10K | 50x | |
| Coinbase International ALT-PERP-INTX | +0.0440% | 1h | 0.007644 | +0.526% | $14K | $3K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0447% | 1h | 0.007605 | +0.011% | $44K | $8K | 10x | as long as short |
Variational Omni ALT
Coinbase International ALT-PERP-INTX
Kraken Futures PF_ALTUSD