Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: BingX against Injective−0.275%102s7-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
Funding pays, the price is against you. BingX is 0.275% cheaper against Injective than usual: you would sell low and buy high (spread −0.275% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 14 days of funding at the current rate (+$2 a day). The two prices were read 102 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 SUSHI/USDC PERP | 0.2545 | 0.0033 | pay 0.0004% / 1h | 1m 35s | $16 | $18K | 5.5x |
| Short | BingX SUSHI-USDT | 0.2538 | 0.0100 | get 0.0100% / 8h | 1m 35s | — | $2.5M | — |
Injective SUSHI/USDC PERP
BingX SUSHI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.275% → 0.000%
- −$27.5
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$23.52
- Costs to cover
- 0.100%
- Break-even
- 18.8 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago | 7.87 bp | 17.4 bp −$17 | 47.4 bp −$474 | 370.2 bp −$37.0K | 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.
SUSHI on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SUSHI | −0.0006% | 8h | 0.2533 | −0.485% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERPlong | +0.0033% | 1h | 0.2545 | long leg | $16 | $18K | 5.5x | |
| Bitget SUSHIUSDT | +0.0072% | 8h | 0.2538 | −0.275% | $985K | $772K | 50x | as long as short |
| BloFin SUSHI-USDT | +0.0082% | 8h | 0.2542 | −0.118% | $205K | $53K | 75x | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2540 | −0.185% | $333K | $342K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2539 | −0.226% | $21K | $15K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2539 | −0.236% | $4.0M | $9.5M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2537 | −0.318% | $2.6M | $3.1M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2538 | −0.275% | $1.5M | $3.8M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2542 | −0.118% | $575K | $283K | 50x | as long as short |
Variational Omni SUSHI
Bitget SUSHIUSDT
BloFin SUSHI-USDT
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2539 | −0.236% | $1.2M | $287K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2539 | −0.236% | $1.2M | $251K | 50x | as long as short |
| BingX SUSHI-USDTshort | +0.0100% | 8h | 0.2538 | −0.275% | — | $2.5M | — | |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2538 | −0.275% | $85K | $78K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0506% | 1h | 0.2541 | −0.157% | $766K | $66K | 20x | as long as short |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD