Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Bitget against Injective+11.322%61s7-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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 11.322% dearer against Injective than usual: you sell high and buy low: +$1,132 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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 | Injective BAC/USDC PERP | 52.200 | −0.0220 | get 0.0028% / 1h | 22m 15s | $4K | $24K | 12x |
| Short | Bitget BACUSDT | 58.110 | 0 | get 0.0000% / 8h | 2h 22m | $357K | $95K | 20x |
Injective BAC/USDC PERP
Bitget BACUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $46.2
- Price spread: +11.322% → 0.000%
- $1,132.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1,166.36
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 18 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 Bitget live order book, 18 min ago | 14.62 bp | 43.9 bp −$44 | 63.1 bp −$631 | 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.
BAC 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BAC/USDC PERPlong | −0.0220% | 1h | 52.200 | long leg | $4K | $24K | 12x | |
| Bybit BACUSDT | 0.0000% | 8h | 58.140 | +11.379% | $176K | $240K | 25x | as long as short |
| Gate BAC_USDT | 0.0000% | 8h | 58.180 | +11.456% | $257K | $11K | 20x | as long as short |
| Bitget BACUSDTshort | 0.0000% | 8h | 58.110 | +11.322% | $357K | $95K | 20x |
Bybit BACUSDT
Gate BAC_USDT