Funding you earn now, next payment 02:00 UTC+0.3351%/8h= +366.9% APRpaid last 24h +1.173%
Price spread now: Bybit against Injective+1.467%108s7-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
Both sides work for this trade now. Funding pays +$101 a day on $10k at the current rate, and Bybit is 1.467% dearer against Injective than usual: you sell high and buy low: +$147 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 108 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 | Injective CC/USDC PERP | 0.1159 | −0.3556 | get 0.0444% / 1h | 33m 28s | $6K | $97 | 5.5x |
| Short | Bybit CCUSDT | 0.1176 | −0.0205 | pay 0.0102% / 4h | 2h 33m | $10.7M | $3.9M | 25x |
Injective CC/USDC PERP
Bybit CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- $703.66
- Price spread: +1.467% → 0.000%
- $146.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $839.31
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 3.85 bp | 38.1 bp −$38 | 271.8 bp −$2,718 | doesn't fit | doesn't fit |
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 18 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 PERPlong | −0.3556% | 1h | 0.1159 | long leg | $6K | $97 | 5.5x | |
| Bybit CCUSDTshort | −0.0205% | 4h | 0.1176 | +1.467% | $10.7M | $3.9M | 25x | |
| MEXC CC_USDT | −0.0204% | 4h | 0.1176 | +1.450% | $1.6M | $314K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0087% | 8h | 0.1176 | +1.474% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1179 | +1.700% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1175 | +1.378% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1176 | +1.452% | $11.1M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1176 | +1.458% | $2.6M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1174 | +1.337% | $365K | $218K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1177 | +1.536% | $484K | $123K | 50x | as long as short |
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1177 | +1.536% | $932K | $805K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1176 | +1.467% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1173 | +1.225% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1171 | +1.063% | $596K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1172 | +1.142% | $79K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1171 | +1.060% | $6K | $36K | 6.7x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1177 | +1.545% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0768% | 1h | 0.1180 | +1.829% | $238K | $155K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC