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

SAFE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bybit against Injective+8.174%7-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+0.045%+$4 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 Bybit is 8.174% dearer against Injective than usual: you sell high and buy low: +$817 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SAFE/USDC PERP0.10020.0033pay 0.0004% / 1h46m 54s$9$19K5.5x
ShortBybit SAFEUSDT0.10840.0100get 0.0050% / 4h3h 46m$1.3M$662K25x

Funding 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 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: +8.174% → 0.000%
$817.37
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
$820.35
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago4.17 bp71.3 bp −$71259.3 bp −$2,593doesn'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.

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 PERPlong+0.0033%1h0.1002long leg$9$19K5.5x
BloFin SAFE-USDT+0.0090%4h0.1084+8.224%$73K$6K50xas long as short
Binance SAFEUSDT+0.0100%4h0.1086+8.397%$1.1M$2.2M50xas long as short
Bybit SAFEUSDTshort+0.0100%4h0.1084+8.174%$1.3M$662K25x
MEXC SAFE_USDT+0.0100%4h0.1086+8.363%$395K$136K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1086+8.383%$390K$265K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1084+8.194%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1079+7.713%$3K$3Kas long as short
Gate SAFE_USDT+0.0434%4h0.1083+8.084%$706K$71K50xas long as short