Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.001%
Price spread now: Bybit against Injective+0.344%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.344% dearer against Injective than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
| 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 | 41m 13s | $201 | $472 | 5.5x |
| Short | Bybit RPLUSDT | 1.9547 | 0.0100 | get 0.0050% / 4h | 2h 41m | $381K | $248K | 20x |
Injective RPL/USDC PERP
Bybit RPLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.344% → 0.000%
- $34.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $37.37
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 63 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 Bybit live order book, 63 min ago | 10.06 bp | 108.0 bp −$108 | doesn't fit | 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 | −0.0521% | 8h | 1.9550 | +0.359% | $63K | $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 | 1.9544 | +0.331% | $97K | $32K | 5x | as long as short |
| Binance RPLUSDT | +0.0100% | 4h | 1.9513 | +0.170% | $1.2M | $1.6M | 50x | as long as short |
| Bybit RPLUSDTshort | +0.0100% | 4h | 1.9547 | +0.344% | $381K | $248K | 20x | |
| MEXC RPL_USDT | +0.0100% | 4h | 1.9520 | +0.205% | $268K | $180K | 20x | as long as short |
| Bitget RPLUSDT | +0.0100% | 4h | 1.9540 | +0.308% | $379K | $219K | 50x | as long as short |
| BingX RPL-USDT | +0.0100% | 4h | 1.9550 | +0.359% | — | $1.3M | — | as long as short |
| Variational Omni RPL | +0.0100% | 4h | 1.9622 | +0.727% | $15K | $2K | — | as long as short |
Gate RPL_USDT
Aster RPLUSDT
Binance RPLUSDT
MEXC RPL_USDT
Bitget RPLUSDT
BingX RPL-USDT
Variational Omni RPL