Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.016%
Price spread now: BloFin against Injective+8.360%7-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 +$3 a day on $10k at the current rate, and BloFin is 8.360% dearer against Injective than usual: you sell high and buy low: +$836 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DRIFT/USDC PERP | 0.01591 | 0.0033 | pay 0.0004% / 1h | 29m 06s | — | $9K | 5.5x |
| Short | BloFin DRIFT-USDT | 0.01724 | 0.0139 | get 0.0069% / 4h | 29m 06s | $153K | $9K | 20x |
Injective DRIFT/USDC PERP
BloFin DRIFT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $22.17
- Price spread: +8.360% → 0.000%
- $835.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $846.11
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 32 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 BloFin live order book, 32 min ago | 2.90 bp | 34.5 bp −$34 | 145.0 bp −$1,450 | 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.
DRIFT on 10 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 DRIFT/USDC PERPlong | +0.0033% | 1h | 0.01591 | long leg | — | $9K | 5.5x | |
| Binance DRIFTUSDT | +0.0100% | 4h | 0.01720 | +8.108% | $2.3M | $6.8M | 20x | as long as short |
| Bybit DRIFTUSDT | +0.0100% | 4h | 0.01716 | +7.832% | $2.3M | $2.9M | 20x | as long as short |
| Gate DRIFT_USDT | +0.0100% | 4h | 0.01714 | +7.731% | $129K | $237K | 10x | as long as short |
| MEXC DRIFT_USDT | +0.0100% | 4h | 0.01718 | +7.982% | $410K | $179K | 20x | as long as short |
| KuCoin DRIFTUSDTM | +0.0100% | 4h | 0.01714 | +7.731% | $679K | $130K | 20x | as long as short |
| Bitget DRIFTUSDT | +0.0100% | 4h | 0.01717 | +7.920% | $531K | $357K | 10x | as long as short |
| BingX DRIFT-USDT | +0.0100% | 4h | 0.01717 | +7.920% | — | $6.7M | — | as long as short |
| Variational Omni DRIFT | +0.0100% | 4h | 0.01716 | +7.876% | $23K | $6K | — | as long as short |
| BloFin DRIFT-USDTshort | +0.0139% | 4h | 0.01724 | +8.360% | $153K | $9K | 20x |
Binance DRIFTUSDT
Bybit DRIFTUSDT
Gate DRIFT_USDT
MEXC DRIFT_USDT
KuCoin DRIFTUSDTM
Bitget DRIFTUSDT
BingX DRIFT-USDT
Variational Omni DRIFT