Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1201 | −0.0441 | get 0.0055% / 1h | 10m 02s | $7K | $82K | 10x | Long Injective | |
| SHORT | 0.1199 | +0.0100 | get 0.0050% / 4h | 10m 02s | $1.2M | $1.5M | 50x | Short Phemex |
Price gap−0.150%65s
Funding gap+0.0541% /8h
Funding pays +$16 a day on $10k, but the gap is 0.150% under zero (no 7-day history yet): −$15 if it goes back, about 22 hours of funding.
The two prices were read 65 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0541% /8h now · no funding history yet
Price—spread −0.150%65s now · prices read too far apart to compare
Costsno datano order book for Injective
Result, before costs—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Phemex price against Injectivenow
RANGE STATS · 7D
Now−0.150%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPOL on 26 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Injective 10x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$16.23Long Injective: 24 payments, +$13.23; short Phemex: 6 payments, +$3.00.
- Watch: Prices read 65 s apart−0.150% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$7K vs $1.2M OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCInjective No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$113.58
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Injective—
Fee Injective bp × 2 orders−$0.02
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$101.56
price spread not counted: prices read too far apartCosts to cover0.120%Break-even0.7 days
Slippage: Injective: no order-book sample; Phemex: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective—————
SELL · SHORTPhemex9.2637.6 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Injective: no data.
| 09-29 11:00 | Reya | Listing | POLRUSDPERP no longer reported ($POL) seen by our collector |
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