Funding you earn now, next payment 09:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Phemex−1.815%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. Injective is 1.815% cheaper against Phemex than usual: you would sell low and buy high (spread −1.815% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$182 on $10k: about 6 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ANETUSDT | 203.30 | 0 | get 0.0000% / 8h | 7h 28m | $22K | $33K | 10x |
| Short | Injective ANET/USDC PERP | 199.61 | 0.0033 | get 0.0004% / 1h | 28m 57s | $2K | $32K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phemex. 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
- $7
- Price spread: −1.815% → 0.000%
- −$181.51
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$186.53
- Costs to cover
- 0.120%
- Break-even
- 193.5 days
Slippage unknown: Phemex: no order-book sample; 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 Phemex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Phemex and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ANETUSDT | 0.0000% | 8h | 203.32 | +0.008% | $127K | $412K | 20x | as long as short |
| Bybit ANETUSDT | 0.0000% | 8h | 203.72 | +0.207% | $77K | $212K | 25x | as long as short |
| Gate ANET_USDT | 0.0000% | 8h | 203.67 | +0.182% | $167K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 203.14 | −0.079% | $80K | $110K | 20x | as long as short |
| Phemex ANETUSDTlong | 0.0000% | 8h | 203.30 | long leg | $22K | $33K | 10x | |
| Injective ANET/USDC PERPshort | +0.0033% | 1h | 199.61 | −1.815% | $2K | $32K | 12x | |
| HTX ANET-USDT | +0.0100% | 8h | 203.85 | +0.271% | $3K | $39K | 20x | as long as short |
Phemex ANETUSDT
Injective ANET/USDC PERP
Binance ANETUSDT
Bybit ANETUSDT
Gate ANET_USDT
Bitget ANETUSDT
HTX ANET-USDT