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

ANET

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 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 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ANETUSDT203.300get 0.0000% / 8h7h 28m$22K$33K10x
ShortInjective ANET/USDC PERP199.610.0033get 0.0004% / 1h28m 57s$2K$32K12x

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 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: −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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ANETUSDT0.0000%8h203.32+0.008%$127K$412K20xas long as short
Bybit ANETUSDT0.0000%8h203.72+0.207%$77K$212K25xas long as short
Gate ANET_USDT0.0000%8h203.67+0.182%$167K$7K20xas long as short
Bitget ANETUSDT0.0000%8h203.14−0.079%$80K$110K20xas long as short
Phemex ANETUSDTlong0.0000%8h203.30long leg$22K$33K10x
Injective ANET/USDC PERPshort+0.0033%1h199.61−1.815%$2K$32K12x
HTX ANET-USDT+0.0100%8h203.85+0.271%$3K$39K20xas long as short