Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.051%
Price spread now: Bybit against Injective+2.665%7-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 Bybit is 2.665% dearer against Injective than usual: you sell high and buy low: +$267 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TAIKO/USDC PERP | 0.09080 | 0.0033 | pay 0.0004% / 1h | 3m 17s | $82 | $44K | 5.5x |
| Short | Bybit TAIKOUSDT | 0.09322 | 0.0100 | get 0.0100% / 8h | 4h 03m | $1.1M | $855K | 20x |
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 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: +2.665% → 0.000%
- $266.52
- 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
- $269.5
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 7.51 bp | 60.5 bp −$61 | doesn't fit | 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.
TAIKO on 10 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 TAIKO/USDC PERPlong | +0.0033% | 1h | 0.09080 | long leg | $82 | $44K | 5.5x | |
| Aster TAIKOUSDT | +0.0100% | 4h | 0.09321 | +2.656% | $2K | $1K | 5x | as long as short |
| Binance TAIKOUSDT | +0.0100% | 4h | 0.09328 | +2.731% | $1.4M | $2.0M | 20x | as long as short |
| Bybit TAIKOUSDTshort | +0.0100% | 8h | 0.09322 | +2.665% | $1.1M | $855K | 20x | |
| Gate TAIKO_USDT | +0.0100% | 4h | 0.09320 | +2.643% | $142K | $282K | 50x | as long as short |
| MEXC TAIKO_USDT | +0.0100% | 4h | 0.09329 | +2.742% | $441K | $99K | 20x | as long as short |
| KuCoin TAIKOUSDTM | +0.0100% | 4h | 0.09340 | +2.863% | $385K | $47K | 20x | as long as short |
| Bitget TAIKOUSDT | +0.0100% | 4h | 0.09320 | +2.643% | $936K | $109K | 20x | as long as short |
| BingX TAIKO-USDT | +0.0100% | 4h | 0.09321 | +2.654% | — | $2.3M | — | as long as short |
| Variational Omni TAIKO | +0.0100% | 8h | 0.09308 | +2.510% | $2K | $2K | — | as long as short |
Injective TAIKO/USDC PERP
Bybit TAIKOUSDT
Aster TAIKOUSDT
Binance TAIKOUSDT
Gate TAIKO_USDT
MEXC TAIKO_USDT
KuCoin TAIKOUSDTM
Bitget TAIKOUSDT
BingX TAIKO-USDT
Variational Omni TAIKO