Funding you earn now, next payment 06:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.106%
Price spread now: Injective against Binance−1.737%67s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 1.737% cheaper against Binance than usual: you would sell low and buy high (−$174 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 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 | Binance ADBEUSDT | 250.84 | 0 | get 0.0000% / 8h | 2h 16m | $1.6M | $554K | 20x |
| Short | Injective ADBE/USDC PERP | 246.48 | −0.0220 | pay 0.0028% / 1h | 16m 12s | $16K | $19K | 12x |
Binance ADBEUSDT
Injective ADBE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$46.2
- Price spread: −1.737% → 0.000%
- −$173.7
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$229.92
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago | 1.99 bp | 20.2 bp −$20 | 71.7 bp −$717 | 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.
ADBE 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ADBE/USDC PERPshort | −0.0220% | 1h | 246.48 | −1.737% | $16K | $19K | 12x | |
| Aster ADBEUSDT | 0.0000% | 8h | 250.87 | +0.014% | $7K | $2K | 20x | as long as short |
| Binance ADBEUSDTlong | 0.0000% | 8h | 250.84 | long leg | $1.6M | $554K | 20x | |
| Bybit ADBEUSDT | 0.0000% | 8h | 251.19 | +0.141% | $519K | $123K | 25x | as long as short |
| OKX ADBE-USDT-SWAP | 0.0000% | 8h | 250.80 | −0.015% | $498K | $181K | 20x | as long as short |
| Gate ADBE_USDT | 0.0000% | 8h | 251.07 | +0.093% | $329K | $149K | 20x | as long as short |
| Bitget ADBEUSDT | 0.0000% | 8h | 251.36 | +0.208% | $521K | $106K | 20x | as long as short |
| SunX ADBE-USDT | 0.0000% | 8h | 250.95 | +0.045% | $964 | $357K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 251.47 | +0.252% | $6K | $38K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 250.60 | −0.092% | $1K | $2K | 10x | as long as short |
Aster ADBEUSDT
Bybit ADBEUSDT
OKX ADBE-USDT-SWAP
Gate ADBE_USDT
Bitget ADBEUSDT
SunX ADBE-USDT
HTX ADBE-USDT
Extended ADBE_24_5-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ADBEUSDTM | +0.0100% | 8h | 251.04 | +0.081% | $266K | $196K | 20x | as long as short |
KuCoin ADBEUSDTM