Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.020%
Price spread now: Bybit against Injective+0.164%88s7-day average +3.267% · 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)+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+2.766%+$277 · spread now +0.164%, 7d avg +3.267%
=Funding pays, the price is against you. Bybit is 3.103% cheaper against Injective than usual: you would sell low and buy high (spread +0.164% now, against its 7-day average of +3.267%). If the spread goes back, that is −$310 on $10k: about 4 months of funding at the current rate (+$2 a day). 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 | Injective XDC/USDC PERP | 0.03048 | 0.0022 | pay 0.0003% / 1h | 9m 52s | — | $113K | 5.5x |
| Short | Bybit XDCUSDT | 0.03053 | 0.0100 | get 0.0050% / 4h | 9m 52s | $2.9M | $1.4M | 20x |
Injective XDC/USDC PERP
Bybit XDCUSDTFunding 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
- $16.32
- Price spread: +0.164% → +3.267%
- −$310.3
- 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
- −$305.01
- Costs to cover
- 0.110%
- Break-even
- 137.9 days
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 | 6.55 bp | 30.4 bp −$30 | 173.1 bp −$1,731 | 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.
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 PERPlong | +0.0022% | 1h | 0.03048 | long leg | — | $113K | 5.5x | |
| Bybit XDCUSDTshort | +0.0100% | 4h | 0.03053 | +0.164% | $2.9M | $1.4M | 20x | |
| Gate XDC_USDT | +0.0100% | 4h | 0.03053 | +0.164% | $373K | $47K | 20x | as long as short |
| MEXC XDC_USDT | +0.0100% | 4h | 0.03053 | +0.164% | $2.7M | $674K | 100x | as long as short |
| KuCoin XDCUSDTM | +0.0100% | 4h | 0.03070 | +0.722% | $435K | $1.6M | 10x | as long as short |
| Variational Omni XDC | +0.0100% | 4h | 0.03052 | +0.117% | $30K | $95 | — | as long as short |
| BloFin XDC-USDT | +0.0156% | 4h | 0.03053 | +0.164% | — | $26K | 20x | as long as short |
Gate XDC_USDT
MEXC XDC_USDT
KuCoin XDCUSDTM
Variational Omni XDC
BloFin XDC-USDT