Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.006507 | −0.2402 | get 0.1201% / 4h | 2h 51m | $311K | $686K | 50x | Long Phemex | |
| SHORT | 0.006530 | −0.1173 | pay 0.0147% / 1h | 51m 35s | $10K | $59K | 5x | Short Injective |
Price gap+0.360%
Funding gap+0.1229% /8h
Both sides work: funding pays +$37 a day on $10k, and the gap is 0.360% above zero (no 7-day history yet): +$36 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.1229% /8h now · no funding history yet
Price—spread +0.360% now · no price history on both exchanges yet
Costsno datano order book for Injective
Result, before costs—no pointsneeds funding history
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.360%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hALT on 13 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$200 + $2,000Phemex 50x, Injective 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$36.86Long Phemex: 6 payments, +$72.06; short Injective: 24 payments, −$35.20.
- Note: No 7-day spread history+0.360%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$10K vs $311K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · Injective NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$258.02
Price spread+0.360% → 0+$36.02
Slippage, 4 ordersno data for Injective—
Fee Phemex bp × 2 orders−$12.00
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k+$282.02
Costs to cover0.120%Break-evenfrom the start
Slippage: Phemex: live order book, 58 min ago; Injective: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex8.3339.9 bp−$40162.0 bp−$1,620doesn’t fitdoesn’t fit
SELL · SHORTInjective—————
Closing costs about the same again.
Injective: no data.
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