Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Binance against Injective+4.339%47s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 4.339% dearer against Injective than usual: you sell high and buy low: +$434 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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 | Injective SCR/USDC PERP | 0.02310 | 0.0033 | pay 0.0004% / 1h | 6m 39s | $955 | $14K | 5.5x |
| Short | Binance SCRUSDT | 0.02410 | 0.0100 | get 0.0050% / 4h | 2h 06m | $1.8M | $1.8M | 10x |
Injective SCR/USDC PERP
Binance SCRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +4.339% → 0.000%
- $433.9
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $437.88
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago | 4.11 bp | 29.5 bp −$30 | 381.2 bp −$3,812 | 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.
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 PERPlong | +0.0033% | 1h | 0.02310 | long leg | $955 | $14K | 5.5x | |
| Binance SCRUSDTshort | +0.0100% | 4h | 0.02410 | +4.339% | $1.8M | $1.8M | 10x | |
| Gate SCR_USDT | +0.0100% | 4h | 0.02405 | +4.113% | $147K | $57K | 20x | as long as short |
| MEXC SCR_USDT | +0.0100% | 4h | 0.02410 | +4.329% | $326K | $145K | 125x | as long as short |
| KuCoin SCRUSDTM | +0.0100% | 4h | 0.02393 | +3.593% | $77K | $21K | 10x | as long as short |
Gate SCR_USDT
MEXC SCR_USDT
KuCoin SCRUSDTM