Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Bybit−0.975%88s7-day average −3.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−1.828%−$183 · spread now −0.975%, 7d avg −3.082%
=The price spread pays, funding is against you. Injective is 2.107% dearer against Bybit than usual: you sell high and buy low (spread −0.975% now, against its 7-day average of −3.082%): +$211 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 88 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 | Bybit XDCUSDT | 0.03078 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $3.0M | $1.4M | 20x |
| Short | Injective XDC/USDC PERP | 0.03048 | 0.0033 | get 0.0004% / 1h | 31m 52s | — | $113K | 5.5x |
Bybit XDCUSDT
Injective XDC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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: −0.975% → −3.082%
- $210.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $185.71
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 3.24 bp | 31.9 bp −$32 | doesn't fit | 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.
XDC on 7 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 XDC/USDC PERPshort | +0.0033% | 1h | 0.03048 | −0.975% | — | $113K | 5.5x | |
| Bybit XDCUSDTlong | +0.0100% | 4h | 0.03078 | long leg | $3.0M | $1.4M | 20x | |
| Gate XDC_USDT | +0.0100% | 4h | 0.03075 | −0.097% | $375K | $42K | 20x | as long as short |
| MEXC XDC_USDT | +0.0100% | 4h | 0.03080 | +0.065% | $2.4M | $811K | 100x | as long as short |
| KuCoin XDCUSDTM | +0.0100% | 4h | 0.03084 | +0.195% | $345K | $1.7M | 10x | as long as short |
| Variational Omni XDC | +0.0100% | 4h | 0.03083 | +0.161% | $30K | $94 | — | as long as short |
| BloFin XDC-USDT | +0.0145% | 4h | 0.03082 | +0.130% | — | $27K | 20x | as long as short |
Gate XDC_USDT
MEXC XDC_USDT
KuCoin XDCUSDTM
Variational Omni XDC
BloFin XDC-USDT