Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.001%
Price spread now: Binance against Injective−0.081%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.081% cheaper against Injective than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 4.1 days of funding at the current rate (+$2 a day). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RPL/USDC PERP | 1.9480 | 0.0033 | pay 0.0004% / 1h | 39m 41s | $201 | $472 | 5.5x |
| Short | Binance RPLUSDT | 1.9464 | 0.0100 | get 0.0050% / 4h | 2h 39m | $1.2M | $1.6M | 50x |
Injective RPL/USDC PERP
Binance RPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: −0.081% → 0.000%
- −$8.12
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.14
- Costs to cover
- 0.100%
- Break-even
- 9.1 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 9 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 2.55 bp | 47.8 bp −$48 | 206.2 bp −$2,062 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate RPL_USDT | −0.0536% | 8h | 1.9500 | +0.103% | $62K | $22K | 20x | as long as short |
| Injective RPL/USDC PERPlong | +0.0033% | 1h | 1.9480 | long leg | $201 | $472 | 5.5x | |
| Aster RPLUSDT | +0.0100% | 4h | 1.9498 | +0.094% | $97K | $32K | 5x | as long as short |
| Binance RPLUSDTshort | +0.0100% | 4h | 1.9464 | −0.081% | $1.2M | $1.6M | 50x | |
| Bybit RPLUSDT | +0.0100% | 4h | 1.9491 | +0.056% | $380K | $248K | 20x | as long as short |
| MEXC RPL_USDT | +0.0100% | 4h | 1.9460 | −0.103% | $265K | $181K | 20x | as long as short |
| Bitget RPLUSDT | +0.0100% | 4h | 1.9450 | −0.154% | $377K | $219K | 50x | as long as short |
| BingX RPL-USDT | +0.0100% | 4h | 1.9500 | +0.103% | — | $1.3M | — | as long as short |
| Variational Omni RPL | +0.0100% | 4h | 1.9547 | +0.343% | $15K | $2K | — | as long as short |
Gate RPL_USDT
Aster RPLUSDT
Bybit RPLUSDT
MEXC RPL_USDT
Bitget RPLUSDT
BingX RPL-USDT
Variational Omni RPL