Funding you earn now, next payment 00:00 UTC−0.3420%/8h= −374.5% APRnext payment −$4.27 per $10,000 · paid last 24h −1.166%
Price spread now: Injective against Derive−1.457%61s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$103 a day on $10k at the current rate, and Injective is 1.457% cheaper against Derive than usual: you would sell low and buy high (−$146 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 | Derive CC-PERP | 0.1181 | 0.0100 | pay 0.0013% / 1h | 11m 51s | $6K | $36K | 6.7x |
| Short | Injective CC/USDC PERP | 0.1164 | −0.3320 | pay 0.0415% / 1h | 11m 51s | $6K | $99 | 5.5x |
Derive CC-PERP
Injective CC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Derive. 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
- −$718.14
- Price spread: −1.457% → 0.000%
- −$145.67
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$869.83
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Derive and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERPshort | −0.3320% | 1h | 0.1164 | −1.457% | $6K | $99 | 5.5x | |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1182 | +0.098% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1182 | +0.077% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1182 | +0.053% | $11.1M | $11.2M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1183 | +0.118% | $10.7M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1182 | +0.042% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1181 | +0.016% | $365K | $214K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1182 | +0.050% | $1.6M | $316K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1184 | +0.220% | $501K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1182 | +0.101% | $944K | $792K | 20x | as long as short |
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1182 | +0.042% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1182 | +0.109% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1182 | +0.061% | $589K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1182 | +0.033% | $82K | $2.3M | 10x | as long as short |
| Derive CC-PERPlong | +0.0100% | 1h | 0.1181 | long leg | $6K | $36K | 6.7x | |
| BloFin CC-USDT | +0.0340% | 4h | 0.1182 | +0.084% | $589K | $107K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1183 | +0.158% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0527% | 1h | 0.1185 | +0.298% | $5.5M | $1.4M | 3x | as long as short |
| Lighter CC | +0.1024% | 1h | 0.1187 | +0.465% | $236K | $154K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC