Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bybit against Injective+5.729%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.236%+$24 on $10k
+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 5.729% dearer against Injective than usual: you sell high and buy low: +$573 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 YFI/USDC PERP | 2,190.5 | 0.0033 | pay 0.0004% / 1h | 30m 57s | $2K | $28K | 5.5x |
| Short | Bybit YFIUSDT | 2,316 | 0.0100 | get 0.0100% / 8h | 6h 30m | $996K | $253K | 25x |
Injective YFI/USDC PERP
Bybit YFIUSDTFunding 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: +5.729% → 0.000%
- $572.93
- 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
- $575.91
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 24 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, 24 min ago | 6.51 bp | 46.9 bp −$47 | 237.6 bp −$2,376 | 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.
YFI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0250% | 1h | 2,319.5 | +5.887% | $47K | $6K | 10x | as long as short |
| Injective YFI/USDC PERPlong | +0.0033% | 1h | 2,190.5 | long leg | $2K | $28K | 5.5x | |
| Aster YFIUSDT | +0.0100% | 8h | 2,317.3 | +5.789% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,317 | +5.775% | $2.3M | $3.1M | 75x | as long as short |
| Bybit YFIUSDTshort | +0.0100% | 8h | 2,316 | +5.729% | $996K | $253K | 25x | |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,316 | +5.729% | $617K | $839K | 20x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,317 | +5.775% | $875K | $286K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,317.8 | +5.811% | $385K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,317 | +5.775% | — | $11.8M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,315.1 | +5.690% | $9K | $1K | — | as long as short |
Kraken Futures PF_YFIUSD
Aster YFIUSDT
Binance YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFIShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate YFI_USDT | +0.0341% | 8h | 2,321.3 | +5.971% | $300K | $156K | 50x | as long as short |
Gate YFI_USDT