Funding you earn now, next payment 06:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h +0.014%
Price spread now: Gate against Injective+0.411%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+0.150%+$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.411% dearer against Injective than usual: you sell high and buy low (spread +0.411% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 42m 38s | $201 | $472 | 5.5x |
| Short | Gate RPL_USDT | 1.9560 | −0.0515 | pay 0.0515% / 8h | 2h 42m | $63K | $22K | 20x |
Injective RPL/USDC PERP
Gate RPL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$115.15
- Price spread: +0.411% → 0.000%
- $41.07
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$89.1
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Injective and Gate: 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_USDTshort | −0.0515% | 8h | 1.9560 | +0.411% | $63K | $22K | 20x | |
| Injective RPL/USDC PERPlong | +0.0033% | 1h | 1.9480 | long leg | $201 | $472 | 5.5x | |
| Aster RPLUSDT | +0.0100% | 4h | 1.9568 | +0.454% | $97K | $32K | 5x | as long as short |
| Binance RPLUSDT | +0.0100% | 4h | 1.9550 | +0.359% | $1.2M | $1.6M | 50x | as long as short |
| Bybit RPLUSDT | +0.0100% | 4h | 1.9570 | +0.462% | $382K | $248K | 20x | as long as short |
| MEXC RPL_USDT | +0.0100% | 4h | 1.9560 | +0.411% | $269K | $180K | 20x | as long as short |
| Bitget RPLUSDT | +0.0100% | 4h | 1.9550 | +0.359% | $380K | $219K | 50x | as long as short |
| BingX RPL-USDT | +0.0100% | 4h | 1.9560 | +0.411% | — | $1.3M | — | as long as short |
| Variational Omni RPL | +0.0100% | 4h | 1.9622 | +0.727% | $15K | $2K | — | as long as short |
Aster RPLUSDT
Binance RPLUSDT
Bybit RPLUSDT
MEXC RPL_USDT
Bitget RPLUSDT
BingX RPL-USDT
Variational Omni RPL