Settings8H · net · $10k
Funding arb · Price arb /

ANET

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.139%
Price spread now: Injective against Bybit−3.172%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 3.172% cheaper against Bybit than usual: you would sell low and buy high (spread −3.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$317 on $10k: about 11 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ANETUSDT206.150get 0.0000% / 8h2h 51m$79K$213K25x
ShortInjective ANET/USDC PERP199.610.0033get 0.0004% / 1h51m 24s$2K$32K12x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$7
Price spread: −3.172% → 0.000%
−$317.24
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
−$321.26
Costs to cover
0.110%
Break-even
328.3 days
Slippage unknown: Bybit: live order book, 44 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 44 min ago8.71 bp109.1 bp −$109doesn't fitdoesn't fitdoesn'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.

ANET on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ANETUSDT0.0000%8h205.78−0.181%$131K$414K20xas long as short
Bybit ANETUSDTlong0.0000%8h206.15long leg$79K$213K25x
Gate ANET_USDT0.0000%8h205.95−0.097%$169K$7K20xas long as short
Bitget ANETUSDT0.0000%8h205.66−0.238%$81K$117K20xas long as short
Phemex ANETUSDT0.0000%8h205.85−0.146%$22K$33K10xas long as short
Injective ANET/USDC PERPshort+0.0033%1h199.61−3.172%$2K$32K12x
HTX ANET-USDT+0.0100%8h206.14−0.005%$3K$40K20xas long as short