Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.028%
Price spread now: OKX against Injective+9.377%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 +$2 a day on $10k at the current rate, and OKX is 9.377% dearer against Injective than usual: you sell high and buy low: +$938 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 METIS/USDC PERP | 3.2100 | 0.0033 | pay 0.0004% / 1h | 45m 07s | — | $40K | 5.5x |
| Short | OKX METIS-USDT-SWAP | 3.5110 | 0.0100 | get 0.0050% / 4h | 45m 07s | $392K | $975K | 10x |
Injective METIS/USDC PERP
OKX METIS-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: +9.377% → 0.000%
- $937.69
- 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
- $941.67
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 1 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, 1 min ago | 8.54 bp | 48.2 bp −$48 | doesn't fit | 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.
METIS on 12 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 METIS/USDC PERPlong | +0.0033% | 1h | 3.2100 | long leg | — | $40K | 5.5x | |
| Kraken Futures PF_METISUSD | +0.0090% | 1h | 3.5158 | +9.527% | $2K | $3K | 10x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5037 | +9.149% | $12K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5101 | +9.350% | $2.1M | $4.3M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5140 | +9.470% | $695K | $592K | 20x | as long as short |
| OKX METIS-USDT-SWAPshort | +0.0100% | 4h | 3.5110 | +9.377% | $392K | $975K | 10x | |
| Gate METIS_USDT | +0.0100% | 4h | 3.5010 | +9.065% | $151K | $140K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5090 | +9.315% | $650K | $227K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5040 | +9.159% | $212K | $443K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.5080 | +9.283% | — | $2.4M | — | as long as short |
Kraken Futures PF_METISUSD
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
BingX METIS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni METIS | +0.0100% | 4h | 3.5148 | +9.497% | $33K | $34K | — | as long as short |
| KuCoin METISUSDTM | +0.0878% | 4h | 3.5200 | +9.657% | $629K | $196K | 30x | as long as short |
Variational Omni METIS
KuCoin METISUSDTM