Funding you earn now, next payment 04:00 UTC+0.2985%/8h= +326.9% APRpaid last 24h +0.564%
Price spread now: Bybit against Injective+0.905%48s7-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 +$90 a day on $10k at the current rate, and Bybit is 0.905% dearer against Injective than usual: you sell high and buy low: +$90 more if the spread goes back to zero (this spread has no 7-day history yet). 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 ILV/USDC PERP | 3.7580 | −0.2885 | get 0.0361% / 1h | 30m 30s | $2K | $103 | 5.5x |
| Short | Bybit ILVUSDT | 3.7920 | 0.0100 | get 0.0050% / 4h | 30m 30s | $538K | $332K | 50x |
Injective ILV/USDC PERP
Bybit ILVUSDTFunding 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
- $626.95
- Price spread: +0.905% → 0.000%
- $90.47
- 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
- $706.4
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 19 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, 19 min ago | 6.63 bp | 61.1 bp −$61 | 203.7 bp −$2,037 | 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.
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 PERPlong | −0.2885% | 1h | 3.7580 | long leg | $2K | $103 | 5.5x | |
| Binance ILVUSDT | +0.0100% | 4h | 3.7924 | +0.914% | $1.5M | $1.8M | 50x | as long as short |
| Bybit ILVUSDTshort | +0.0100% | 4h | 3.7920 | +0.905% | $538K | $332K | 50x | |
| Gate ILV_USDT | +0.0100% | 8h | 3.7780 | +0.532% | $56K | $61K | 20x | as long as short |
| MEXC ILV_USDT | +0.0100% | 4h | 3.7910 | +0.878% | $726K | $156K | 50x | as long as short |
| KuCoin ILVUSDTM | +0.0100% | 4h | 3.7930 | +0.931% | $346K | $70K | 30x | as long as short |
| Bitget ILVUSDT | +0.0100% | 4h | 3.7890 | +0.825% | $136K | $163K | 50x | as long as short |
| BingX ILV-USDT | +0.0100% | 4h | 3.7880 | +0.798% | — | $6.5M | — | as long as short |
| Variational Omni ILV | +0.0100% | 4h | 3.7963 | +1.020% | $7K | $5 | — | as long as short |
| BloFin ILV-USDT | +0.0150% | 4h | 3.7880 | +0.798% | $97K | $50K | 50x | as long as short |
Binance ILVUSDT
Gate ILV_USDT
MEXC ILV_USDT
KuCoin ILVUSDTM
Bitget ILVUSDT
BingX ILV-USDT
Variational Omni ILV
BloFin ILV-USDT