Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005665 | +0.0100 | pay 0.0013% / 1h | 54m 29s | $123K | $343K | 10x | Long Bulk | |
| SHORT | 0.005641 | −0.0962 | pay 0.0120% / 1h | 54m 29s | $18K | $19.4M | 10x | Short Injective |
Price gap−0.424%
Funding gap−0.1062% /8h
Both sides work against this direction now: funding costs $32 a day on $10k and the gap is 0.056% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$196−0.1062% /8h now · paid −1.960% over the last 5 days (all we have)
Price−$6spread −0.424% now, avg −0.368% → −0.056% if it goes back
Costs−$890.889% of $10k · taker + slippage, in and out
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 Bulknow
RANGE STATS · 7D
Now−0.424%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 42 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size5.0 / 34.5 bpAt $10k entering Injective costs 34.5 bp, fee and slippage, 6.9× Bulk’s.
- Note: Margin at max leverage$1,000 + $1,000Bulk 10x, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$31.85Long Bulk: 24 payments, −$3.00; short Injective: 24 payments, −$28.85.
- Watch: Gap narrower than usual−0.424% vs −0.368%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$18K vs $123K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legBulk No · Injective NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.1244%/8h × 21 periods−$261.14
Price spread−0.424% → −0.368% (7d avg)−$5.55
Slippage, 4 orderslive order books−$81.88
Fee Bulk bp × 2 orders−$7.00
Fee Injective bp × 2 orders−$0.02
Net · 7 days · $10k−$355.59
Costs to cover0.889%Break-evennever at this rate
Slippage: Bulk: live order book, 24 min ago; Injective: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.015.0 bp−$56.7 bp−$67doesn’t fitdoesn’t fit
SELL · SHORTInjective34.4534.5 bp−$34doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |
| 09-24 14:13 | Bulk | Other | PUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗ |
| 09-18 16:36 | RISEx | Other | Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗ |


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