Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−4.214%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.214% cheaper against Binance than usual: you would sell low and buy high (−$421 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SCRUSDT | 0.02412 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.8M | $1.7M | 10x |
| Short | Injective SCR/USDC PERP | 0.02310 | 0.0033 | get 0.0004% / 1h | 59m 37s | $955 | $14K | 5.5x |
Binance SCRUSDT
Injective SCR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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: −4.214% → 0.000%
- −$421.35
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$445.37
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 4.15 bp | 36.7 bp −$37 | 566.7 bp −$5,667 | doesn't fit | doesn'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.
SCR on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SCR/USDC PERPshort | +0.0033% | 1h | 0.02310 | −4.214% | $955 | $14K | 5.5x | |
| Binance SCRUSDTlong | +0.0100% | 4h | 0.02412 | long leg | $1.8M | $1.7M | 10x | |
| Gate SCR_USDT | +0.0100% | 4h | 0.02414 | +0.099% | $146K | $53K | 20x | as long as short |
| MEXC SCR_USDT | +0.0100% | 4h | 0.02411 | −0.025% | $321K | $134K | 125x | as long as short |
| KuCoin SCRUSDTM | +0.0100% | 4h | 0.02404 | −0.316% | $79K | $18K | 10x | as long as short |
Gate SCR_USDT
MEXC SCR_USDT
KuCoin SCRUSDTM