Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1184 | +0.0100 | pay 0.0050% / 4h | 3h 35m | $1.2M | $1.5M | 50x | Long Phemex | |
| SHORT | 0.1190 | −0.1087 | pay 0.0136% / 1h | 35m 04s | $7K | $81K | 10x | Short Injective |
Price gap+0.464%
Funding gap−0.1187% /8h
The gap pays +$46 on $10k if it goes back to zero (no 7-day history yet), but funding costs $36 a day and eats that in about 31 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.1187% /8h now · no funding history yet
Price—spread +0.464% now · no price history on both exchanges yet
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
Injective price against Phemexnow
RANGE STATS · 7D
Now+0.464%
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 · 3 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000Phemex 50x, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$35.61Long Phemex: 6 payments, −$3.00; short Injective: 24 payments, −$32.61.
- Note: No 7-day spread history+0.464%The gap cannot be compared with its average yet.
- Watch: Short 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: KYCPhemex Yes · Injective NoKYC 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−$249.26
Price spread+0.464% → 0+$46.43
Slippage, 4 ordersno data for Injective—
Fee Phemex bp × 2 orders−$12.00
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k−$214.85
Costs to cover0.120%Break-evenfrom the start
Slippage: Phemex: live order book, 3 min ago; Injective: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex4.2137.0 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTInjective—————
Closing costs about the same again.
Injective: no data.
| 09-29 11:00 | Reya | Listing | POLRUSDPERP no longer reported ($POL) seen by our collector |
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