Funding you earn now, next payment 01:00 UTC−0.1721%/8h= −188.5% APRpaid last 24h −0.553%
Price spread now: Injective against Binance−0.932%57s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$52 a day on $10k at the current rate, and Injective is 0.932% cheaper against Binance than usual: you would sell low and buy high (−$93 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | Binance ILVUSDT | 3.7570 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $1.5M | $1.8M | 50x |
| Short | Injective ILV/USDC PERP | 3.7220 | −0.1621 | pay 0.0203% / 1h | 18m 25s | $2K | $102 | 5.5x |
Binance ILVUSDT
Injective ILV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$361.43
- Price spread: −0.932% → 0.000%
- −$93.16
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$464.61
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago | 2.66 bp | 32.2 bp −$32 | 263.3 bp −$2,633 | 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.
ILV 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 ILV/USDC PERPshort | −0.1621% | 1h | 3.7220 | −0.932% | $2K | $102 | 5.5x | |
| Binance ILVUSDTlong | +0.0100% | 4h | 3.7570 | long leg | $1.5M | $1.8M | 50x | |
| Bybit ILVUSDT | +0.0100% | 4h | 3.7610 | +0.106% | $538K | $350K | 50x | as long as short |
| Gate ILV_USDT | +0.0100% | 8h | 3.7570 | 0.000% | $61K | $59K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7530 | −0.106% | $699K | $153K | 50x | as long as short |
| KuCoin ILVUSDTM | +0.0100% | 4h | 3.7620 | +0.133% | $345K | $76K | 30x | as long as short |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7600 | +0.080% | $135K | $157K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7600 | +0.080% | — | $6.5M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7749 | +0.476% | $7K | $5 | — | as long as short |
| BloFin ILV-USDT | +0.0111% | 4h | 3.7650 | +0.213% | $99K | $54K | 50x | as long as short |
Bybit ILVUSDT
Gate ILV_USDT
MEXC ILV_USDT
KuCoin ILVUSDTM
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV
BloFin ILV-USDT