Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 76,087.4 | +0.0444 | pay 0.0055% / 1h | 6m 18s | $74K | $1.1M | 25x | Long Aftermath Perps5% off | |
| SHORT | 80,418.9 | −0.0025 | pay 0.0003% / 1h | 6m 18s | $186K | $7.5M | 50x | Short Injective |
Price gap+5.693%117899s
Funding gap−0.0469% /8h
The gap pays +$571 on $10k if it goes back to its 7d average, but funding costs $14 a day and eats that in about 41 days. At the last 7 days' pace that is about 4 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$32−0.0469% /8h now · paid −0.316% over the last 7D
Price—spread +5.693%117899s now · prices read too far apart to compare
Costsno datano order book for Injective
Result, before costs—no pointsneeds both prices read together
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.316% in total, about −0.0151%/8h on average.
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+5.693%
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
/8hBTC on 55 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$400 + $200Aftermath Perps 25x, Injective 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$14.07Long Aftermath Perps: 24 payments, −$13.31; short Injective: 24 payments, −$0.76.
- Watch: Prices read 33 h apart+5.693% vs −0.017%Part of this gap may be the market moving.
- Watch: Long leg is thinner$74K vs $186K OIAftermath Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAftermath Perps No · Injective NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0151%/8h × 21 periods−$31.61
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Injective—
Fee Aftermath Perps bp × 2 orders−$9.00
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k−$40.63
price spread not counted: prices read too far apartCosts to cover0.090%Break-evennever at this rate
Slippage: Aftermath Perps: live order book, 1 min ago; Injective: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps1.599.6 bp−$1016.1 bp−$161doesn’t fitdoesn’t fit
SELL · SHORTInjective—————
Closing costs about the same again.
Injective: no data.
BTC news
posts that mention BTC, from every exchange| 11-06 00:13 | GMX | Other | One month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗ |
| 11-05 22:36 | Deribit | Other | 🚨 Options Expiry Alert 🚨 At 08:00 UTC Friday, ~$2.86B in BTC and ETH options are set to expire on Deribit. $BTC: ~$2.64B notional | P/C: 0.38 | Max Pain: $79K $ETH: ~$224.5M notional | P/C: 1.27 | Max Pain: $2.35K BTC positioning is heavily call-weighted, with notable concentrations at $82K and $85K. ETH shows the opposite, with puts outweighing calls and significant put interest around $2.1K. Track the full breakdown ↓ @DeribitOfficial on X ↗ |
| 11-05 21:00 | MEXC | Other | $BTC did $75K → $80K in hours. No big news. No major buyers. ETFs were actually bleeding $1.16B. Watch the full breakdown of why. 👇 Markets are moving. Long or short from here? @MEXC on X ↗ |
| 11-05 19:30 | Paradex | Other | You already own options. You just never called them that. Trade BTC options on Paradex, 0 fees: @paradex on X ↗ |
| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗ |
| 11-05 15:09 | RISEx | Other | Since August, trading on RISEx has become much cheaper with far less slippage; the pool is being adjusted to support these improvements. $100K orders are cheaper across $BTC, $ETH, $XAU, $SPY and $QQQ. Index ETFs improved most, about 85% cheaper, with gold about 65%. $200K $SPY and $QQQ orders couldn’t reliably fill within 20 bps in August. By October, they were closer to 2 bps. Your size continues to add depth to the book, and every large order brings in more liquidity and raises the bar for what RISEx has to deliver. RISEx is still the only venue that pays slippage back. Keep sizing up. @risextrade on X ↗ |


GMX
Deribit
MEXC
Paradex
RISEx