Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.111%
Price spread now: Injective against MEXC+1.304%55s7-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
The price spread pays, funding is against you. Injective is 1.304% dearer against MEXC than usual: you sell high and buy low (spread +1.304% now, against zero (this spread has no 7-day history yet)): +$130 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 55 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 | MEXC ALT_USDT | 0.007592 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $390K | $180K | 50x |
| Short | Injective ALT/USDC PERP | 0.007691 | 0.0033 | get 0.0004% / 1h | 10m 29s | $837 | $4K | 5.5x |
MEXC ALT_USDT
Injective ALT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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: +1.304% → 0.000%
- $130.4
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $112.38
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 25 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 MEXC live order book, 25 min ago | 2.63 bp | 4.8 bp −$5 | 45.7 bp −$457 | 255.1 bp −$25.5K | 440.9 bp −$220.5K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | −0.0276% | 1h | 0.007601 | +0.119% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007691 | +1.304% | $837 | $4K | 5.5x | |
| Kraken Futures PF_ALTUSD | +0.0042% | 1h | 0.007603 | +0.151% | $44K | $8K | 10x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007591 | −0.013% | $1.1M | $146K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007593 | +0.013% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007587 | −0.066% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007592 | 0.000% | $49K | $382K | 25x | as long as short |
| MEXC ALT_USDTlong | +0.0100% | 4h | 0.007592 | long leg | $390K | $180K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007600 | +0.105% | $146K | $22K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007595 | +0.040% | $613K | $126K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007588 | −0.053% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007594 | +0.021% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0159% | 4h | 0.007597 | +0.066% | $173K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0488% | 1h | 0.007691 | +1.304% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX