Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.031%
Price spread now: Injective against SunX+0.822%61s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.157%+$116 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.822% dearer against SunX than usual: you sell high and buy low (spread +0.822% now, against zero (this spread has no 7-day history yet)): +$82 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 days. Mind the row above: over the last 7 days funding on this pair paid +1.157%, so the current rate has only just turned against you. 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 | SunX ETHFI-USDT | 0.7181 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $1K | $1.1M | 20x |
| Short | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | get 0.0004% / 1h | 31m 46s | $321 | $51K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SunX. 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: +0.822% → 0.000%
- $82.16
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $60.14
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 1 min ago; 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 SunX live order book, 1 min ago | 500.00 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 23 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0267% | 4h | 0.7166 | −0.209% | $88K | $169K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0208% | 4h | 0.7176 | −0.070% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0028% | 1h | 0.7180 | −0.014% | $41K | $13K | 10x | as long as short |
| Variational Omni ETHFI | −0.0002% | 4h | 0.7141 | −0.559% | $1.0M | $713K | — | as long as short |
| Injective ETHFI/USDC PERPshort | +0.0033% | 1h | 0.7240 | +0.822% | $321 | $51K | 5.5x | |
| Paradex ETHFI-USD-PERP | +0.0045% | 8h | 0.7167 | −0.191% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7172 | −0.121% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7175 | −0.078% | $18.1M | $8.4M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7176 | −0.074% | $183K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7165 | −0.220% | $24.9M | $36.3M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7160 | −0.292% | $18.0M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7171 | −0.139% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7174 | −0.097% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7169 | −0.167% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7171 | −0.139% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7164 | −0.237% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7173 | −0.111% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7190 | +0.125% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.7181 | long leg | $1K | $1.1M | 20x | |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7170 | −0.156% | $98K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7175 | −0.084% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7185 | +0.056% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0226% | 1h | 0.7186 | +0.069% | $273K | $180K | 20x | as long as short |
SunX ETHFI-USDT
Injective ETHFI/USDC PERP
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
Extended ETHFI-USD
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD