Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.009%
Price spread now: OKX against Injective−1.823%118s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.193%−$119 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. OKX is 1.823% cheaper against Injective than usual: you would sell low and buy high (spread −1.823% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$182 on $10k: about 3 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.193%, so the current rate has only just turned in your favour. The two prices were read 118 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 ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 41m 27s | $321 | $51K | 5.5x |
| Short | OKX ETHFI-USDT-SWAP | 0.7108 | 0.0100 | get 0.0050% / 4h | 1h 41m | $5.0M | $12.2M | 20x |
Injective ETHFI/USDC PERP
OKX ETHFI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −1.823% → 0.000%
- −$182.32
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$178.34
- Costs to cover
- 0.100%
- Break-even
- 96.2 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.40 bp | 13.3 bp −$13 | 39.5 bp −$395 | 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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0311% | 1h | 0.7123 | −1.616% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0200% | 4h | 0.7101 | −1.920% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0031% | 4h | 0.7114 | −1.740% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x | |
| Variational Omni ETHFI | +0.0058% | 4h | 0.7092 | −2.041% | $1.0M | $731K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0068% | 8h | 0.7100 | −1.928% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7115 | −1.724% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7112 | −1.772% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7113 | −1.751% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7103 | −1.887% | $24.7M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7109 | −1.809% | $17.8M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.7108 | −1.823% | $5.0M | $12.2M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7117 | −1.699% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7105 | −1.865% | $15.3M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7117 | −1.699% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7101 | −1.920% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7120 | −1.657% | — | $1.2M | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7126 | −1.575% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7100 | −1.931% | $99K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7098 | −1.958% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0306% | 1h | 0.7127 | −1.555% | $270K | $200K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7124 | −1.602% | $1.3M | $249K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +0.180% | $32K | $6K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0551% | 1h | 0.7131 | −1.500% | $71K | $118K | 5x | as long as short |
Bybit ETHFIUSDT
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Polymarket Perps ETHFI-USD