Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.018%
Price spread now: Gate against Injective+0.880%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 Gate is 0.880% dearer against Injective than usual: you sell high and buy low: +$88 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 PI/USDC PERP | 0.09090 | 0.0033 | pay 0.0004% / 1h | 21m 23s | $1 | $75K | 5.5x |
| Short | Gate PI_USDT | 0.09170 | 0.0100 | get 0.0050% / 4h | 3h 21m | $2.7M | $2.2M | 50x |
Injective PI/USDC PERP
Gate PI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.880% → 0.000%
- $88.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $86.99
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: 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 Gate live order book, 1 min ago | 5.44 bp | 27.2 bp −$27 | 149.4 bp −$1,494 | 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.
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0112% | 4h | 0.09150 | +0.660% | $5.0M | $1.8M | 50x | as long as short |
| Injective PI/USDC PERPlong | +0.0033% | 1h | 0.09090 | long leg | $1 | $75K | 5.5x | |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09168 | +0.858% | $2.7M | $6.3M | 20x | as long as short |
| Gate PI_USDTshort | +0.0100% | 4h | 0.09170 | +0.880% | $2.7M | $2.2M | 50x | |
| MEXC PI_USDT | +0.0100% | 4h | 0.09165 | +0.825% | $9.5M | $1.3M | 125x | as long as short |
| BingX PI-USDT | +0.0100% | 4h | 0.09164 | +0.814% | — | $6.6M | — | as long as short |
Bitget PIUSDT
OKX PI-USDT-SWAP
MEXC PI_USDT
BingX PI-USDT