Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: MEXC against Injective+5.775%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.233%+$23 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 MEXC is 5.775% dearer against Injective than usual: you sell high and buy low: +$577 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 YFI/USDC PERP | 2,190.5 | 0.0033 | pay 0.0004% / 1h | 56m 25s | $2K | $28K | 5.5x |
| Short | MEXC YFI_USDT | 2,317 | 0.0100 | get 0.0100% / 8h | 3h 56m | $885K | $290K | 75x |
Injective YFI/USDC PERP
MEXC YFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +5.775% → 0.000%
- $577.49
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $587.47
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 54 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 MEXC live order book, 54 min ago | 2.17 bp | 4.2 bp −$4 | 33.0 bp −$330 | 237.0 bp −$23.7K | 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 12 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 YFI/USDC PERPlong | +0.0033% | 1h | 2,190.5 | long leg | $2K | $28K | 5.5x | |
| Aster YFIUSDT | +0.0100% | 8h | 2,318 | +5.821% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,318 | +5.821% | $2.3M | $3.2M | 75x | as long as short |
| Bybit YFIUSDT | +0.0100% | 8h | 2,316 | +5.729% | $998K | $278K | 25x | as long as short |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,316 | +5.729% | $629K | $790K | 20x | as long as short |
| MEXC YFI_USDTshort | +0.0100% | 8h | 2,317 | +5.775% | $885K | $290K | 75x | |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,318.5 | +5.843% | $384K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,322 | +6.003% | — | $11.9M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,319.1 | +5.871% | $9K | $1K | — | as long as short |
| BloFin YFI-USDT | +0.0125% | 8h | 2,321 | +5.958% | $118K | $28K | 75x | as long as short |
Aster YFIUSDT
Binance YFIUSDT
Bybit YFIUSDT
OKX YFI-USDT-SWAP
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFI
BloFin YFI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate YFI_USDT | +0.0347% | 8h | 2,324.5 | +6.117% | $301K | $144K | 50x | as long as short |
| Kraken Futures PF_YFIUSD | +0.0424% | 1h | 2,325.6 | +6.166% | $48K | $6K | 10x | as long as short |
Gate YFI_USDT
Kraken Futures PF_YFIUSD