Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.351%
Price spread now: Bybit against Injective−5.205%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.467%−$47 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 5.205% cheaper against Injective than usual: you would sell low and buy high (spread −5.205% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$521 on $10k: about 9 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.467%, so the current rate has only just turned in your favour. The two prices were read 48 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 CELO/USDC PERP | 0.09990 | 0.0033 | pay 0.0004% / 1h | 34m 30s | $753 | $245 | 5.5x |
| Short | Bybit CELOUSDT | 0.09470 | 0.0100 | get 0.0100% / 8h | 34m 30s | $1.3M | $843K | 50x |
Injective CELO/USDC PERP
Bybit CELOUSDTFunding 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
- $14
- Price spread: −5.205% → 0.000%
- −$520.52
- 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
- −$517.54
- Costs to cover
- 0.110%
- Break-even
- 265.8 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 1 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, 1 min ago | 5.83 bp | 84.6 bp −$85 | 310.6 bp −$3,106 | 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.
CELO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELOUSD | −0.0137% | 1h | 0.09496 | −4.942% | $19K | $8K | 10x | as long as short |
| Injective CELO/USDC PERPlong | +0.0033% | 1h | 0.09990 | long leg | $753 | $245 | 5.5x | |
| Variational Omni CELO | +0.0069% | 8h | 0.09443 | −5.476% | $10K | $1K | — | as long as short |
| BloFin CELO-USDT | +0.0081% | 8h | 0.09442 | −5.485% | $101K | $20K | 75x | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09474 | −5.167% | $204K | $192K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09484 | −5.068% | $2.0M | $3.7M | 50x | as long as short |
| Bybit CELOUSDTshort | +0.0100% | 8h | 0.09470 | −5.205% | $1.3M | $843K | 50x | |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09470 | −5.205% | $493K | $1.0M | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09485 | −5.055% | $103K | $40K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09475 | −5.155% | $629K | $263K | 50x | as long as short |
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Hyperliquid CELO
Binance CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09460 | −5.305% | $331K | $269K | 50x | as long as short |
| Bitget CELOUSDT | +0.0100% | 8h | 0.09472 | −5.185% | $873K | $396K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09480 | −5.105% | — | $2.4M | — | as long as short |
KuCoin CELOUSDTM
Bitget CELOUSDT
BingX CELO-USDT