Settings8H · net · $10k
Funding arb · Price arb /

RPL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.001%
Price spread now: Injective against Binance−0.823%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.823% cheaper against Binance than usual: you would sell low and buy high (−$82 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RPLUSDT1.96420.0100pay 0.0050% / 4h29m 02s$1.2M$1.4M50x
ShortInjective RPL/USDC PERP1.94800.0033get 0.0004% / 1h29m 02s$201$4725.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −0.823% → 0.000%
−$82.27
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$106.29
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.54 bp35.0 bp −$35274.1 bp −$2,741doesn't fitdoesn't fit
Sell Injective no order-book sample
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.

RPL on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RPL/USDC PERPshort+0.0033%1h1.9480−0.823%$201$4725.5x
Bybit RPLUSDT+0.0084%4h1.9645+0.017%$382K$227K20xas long as short
Aster RPLUSDT+0.0100%4h1.9650+0.042%$100K$35K5xas long as short
Binance RPLUSDTlong+0.0100%4h1.9642long leg$1.2M$1.4M50x
Gate RPL_USDT+0.0100%8h1.9650+0.043%$65K$27K20xas long as short
MEXC RPL_USDT+0.0100%4h1.9640−0.008%$323K$169K20xas long as short
Bitget RPLUSDT+0.0100%4h1.9630−0.059%$417K$162K50xas long as short
BingX RPL-USDT+0.0100%4h1.9660+0.094%$1.3Mas long as short
Variational Omni RPL+0.0100%4h1.9678+0.184%$15K$2Kas long as short