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

RPL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.001%
Price spread now: Bitget against Injective+0.205%61s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.205% dearer against Injective than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective RPL/USDC PERP1.94800.0033pay 0.0004% / 1h40m 17s$201$4725.5x
ShortBitget RPLUSDT1.95200.0100get 0.0050% / 4h2h 40m$378K$219K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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: +0.205% → 0.000%
$20.53
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
$22.51
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 65 min ago. 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 Injective no order-book sample
Sell Bitget live order book, 65 min ago5.03 bp40.0 bp −$40364.4 bp −$3,644doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate RPL_USDT−0.0536%8h1.9520+0.205%$63K$22K20xas long as short
Injective RPL/USDC PERPlong+0.0033%1h1.9480long leg$201$4725.5x
Aster RPLUSDT+0.0100%4h1.9514+0.172%$97K$32K5xas long as short
Binance RPLUSDT+0.0100%4h1.94800.000%$1.2M$1.6M50xas long as short
Bybit RPLUSDT+0.0100%4h1.9510+0.154%$381K$248K20xas long as short
MEXC RPL_USDT+0.0100%4h1.9490+0.051%$268K$181K20xas long as short
Bitget RPLUSDTshort+0.0100%4h1.9520+0.205%$378K$219K50x
BingX RPL-USDT+0.0100%4h1.9500+0.103%$1.3Mas long as short
Variational Omni RPL+0.0100%4h1.9547+0.343%$15K$2Kas long as short