Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005746 | +0.1048 | pay 0.0131% / 1h | 44m 18s | $16K | $19.4M | 10x | Long Injective | |
| SHORT | 0.005723 | +0.0099 | get 0.0012% / 1h | 44m 18s | $124K | $368K | 10x | Short Bulk |
Price gap−0.400%
Funding gap−0.0948% /8h
Both sides work against this direction now: funding costs $28 a day on $10k and the gap is 0.770% under its 7d average. Swap the legs.
Funding on this pair paid 1.960% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$196−0.0948% /8h now · paid +1.960% over the last 5 days (all we have)
Price−$77spread −0.400% now, avg +0.369% → −0.770% if it goes back
Costs−$940.943% 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
Bulk price against Injectivenow
RANGE STATS · 7D
Now−0.400%
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 size42.1 / 5.1 bpAt $10k entering Injective costs 42.1 bp, fee and slippage, 8.3× Bulk’s.
- Note: Margin at max leverage$1,000 + $1,000Injective 10x, Bulk 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: −$28.45Long Injective: 24 payments, −$31.43; short Bulk: 24 payments, +$2.98.
- Watch: Gap narrower than usual−0.400% vs +0.369%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$16K vs $124K 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 legInjective No · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.1252%/8h × 21 periods+$262.88
Price spread−0.400% → +0.369% (7d avg)−$76.98
Slippage, 4 orderslive order books−$87.25
Fee Injective bp × 2 orders−$0.02
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k+$91.64
Costs to cover0.943%Break-even4.6 days
Slippage: Injective: live order book, 5 min ago; Bulk: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective42.0642.1 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBulk1.565.1 bp−$57.8 bp−$78doesn’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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