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

SAFE

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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 −0.020%
Price spread now: Injective against Bybit−8.191%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−0.045%−$4 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 8.191% cheaper against Bybit than usual: you would sell low and buy high (−$819 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SAFEUSDT0.10910.0100pay 0.0050% / 4h2h 42m$1.4M$458K25x
ShortInjective SAFE/USDC PERP0.10020.0033get 0.0004% / 1h42m 42s$9$19K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bybit. 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: −8.191% → 0.000%
−$819.13
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$844.15
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago1.83 bp69.8 bp −$70244.5 bp −$2,445doesn'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.

SAFE 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 SAFE/USDC PERPshort+0.0033%1h0.1002−8.191%$9$19K5.5x
BloFin SAFE-USDT+0.0096%4h0.1095+0.339%$73K$8K50xas long as short
Binance SAFEUSDT+0.0100%4h0.1094+0.246%$1.1M$1.8M50xas long as short
Bybit SAFEUSDTlong+0.0100%4h0.1091long leg$1.4M$458K25x
Gate SAFE_USDT+0.0100%4h0.1095+0.284%$712K$53K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1095+0.330%$413K$113K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1094+0.238%$384K$229K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1093+0.165%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1092+0.028%$3K$3Kas long as short