Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Gate against Injective+0.918%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Gate is 0.918% dearer against Injective than usual: you sell high and buy low (spread +0.918% now, against zero (this spread has no 7-day history yet)): +$92 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BA/USDC PERP | 199.43 | 0.0033 | pay 0.0004% / 1h | 1m 20s | — | $28K | 12x |
| Short | Gate BA_USDT | 201.26 | 0 | get 0.0000% / 8h | 1m 20s | $170K | $7K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$7
- Price spread: +0.918% → 0.000%
- $91.76
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $69.74
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 29 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 Gate live order book, 29 min ago | 48.13 bp | 344.5 bp −$344 | doesn't fit | doesn't fit | 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.
BA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BA-USD | 0.0000% | 1h | 200.77 | +0.672% | $1.1M | $1.3M | 10x | as long as short |
| Gate BA_USDTshort | 0.0000% | 8h | 201.26 | +0.918% | $170K | $7K | 25x | |
| Bitget BAUSDT | 0.0000% | 8h | 201.16 | +0.867% | $392K | $96K | 20x | as long as short |
| Injective BA/USDC PERPlong | +0.0033% | 1h | 199.43 | long leg | — | $28K | 12x |
Injective BA/USDC PERP
Gate BA_USDT
Bitget BAUSDT