Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.3420%/8h= −374.5% APRpaid last 24h −1.169%
Price spread now: Injective against Bybit−1.533%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$103 a day on $10k at the current rate, and Injective is 1.533% cheaper against Bybit than usual: you would sell low and buy high (−$153 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CCUSDT0.11680.0100pay 0.0050% / 4h59m 02s$10.6M$3.7M25x
ShortInjective CC/USDC PERP0.1150−0.3320pay 0.0415% / 1h59m 02s$6K$965.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$718.14
Price spread: −1.533% → 0.000%
−$153.27
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$882.43
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.44 bp33.3 bp −$33381.5 bp −$3,815doesn't fitdoesn't fit
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.

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERPshort−0.3320%1h0.1150−1.533%$6K$965.5x
Paradex CC-USD-PERP+0.0096%8h0.1166−0.157%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1167−0.065%$34K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1168+0.017%$11.0M$11.1M75xas long as short
Bybit CCUSDTlong+0.0100%4h0.1168long leg$10.6M$3.7M25x
OKX CC-USDT-SWAP+0.0100%4h0.1169+0.137%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1167−0.068%$362K$213K50xas long as short
MEXC CC_USDT+0.0100%4h0.1168+0.026%$1.7M$308K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1169+0.068%$495K$115K50xas long as short
Bitget CCUSDT+0.0100%4h0.1169+0.060%$932K$788K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1168+0.043%$6.6Mas long as short
Variational Omni CC+0.0100%4h0.1163−0.433%$579K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1164−0.358%$79K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1167−0.070%$6K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1164−0.291%$585K$105K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0443% / S −0.0239%1h0.1168+0.033%$43K50xas long as short
Backpack CC_USDC_PERP+0.0522%1h0.1169+0.060%$15K$22K10xas long as short
Hyperliquid CC+0.0773%1h0.1171+0.265%$5.5M$1.3M3xas long as short
Lighter CC+0.1432%1h0.1172+0.394%$234K$153K5xas long as short