Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h +0.176%
Price spread now: Binance against Injective−8.987%107s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 8.987% cheaper against Injective than usual: you would sell low and buy high (−$899 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 107 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 BX/USDC PERP | 138.74 | 0.0220 | pay 0.0028% / 1h | 35m 34s | $4K | $32K | 12x |
| Short | Binance BXUSDT | 126.27 | 0 | get 0.0000% / 8h | 1h 35m | $775K | $490K | 20x |
Injective BX/USDC PERP
Binance BXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −8.987% → 0.000%
- −$898.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$954.9
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 57 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 Binance live order book, 57 min ago | 4.75 bp | 28.4 bp −$28 | 136.4 bp −$1,364 | 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.
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BXUSDT | 0.0000% | 8h | 126.17 | −9.062% | $5K | $2K | 20x | as long as short |
| Binance BXUSDTshort | 0.0000% | 8h | 126.27 | −8.987% | $775K | $490K | 20x | |
| Bybit BXUSDT | 0.0000% | 8h | 126.34 | −8.938% | $482K | $804K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.29 | −8.974% | $163K | $112K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.92 | −8.520% | $1.1M | $1.5M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.44 | −8.866% | $422K | $25K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.42 | −8.880% | $900K | $37K | 20x | as long as short |
| Variational Omni BX | 0.0000% | 8h | 126.26 | −8.993% | $43K | $12K | — | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.34 | −8.936% | $922 | $104K | 10x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.35 | −8.930% | $452 | $302K | 10x | as long as short |
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
Bitget BXUSDT
Variational Omni BX
GRVT BX_USDT_Perp
SunX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BX-USDT | 0.0000% | 8h | 126.42 | −8.880% | $7K | $4K | 20x | as long as short |
| tradeXYZ xyz:BX | +0.0050% | 1h | 126.21 | −9.031% | $664K | $223K | 10x | as long as short |
| KuCoin BXUSDTM | +0.0100% | 8h | 126.13 | −9.089% | $116K | $809K | 20x | as long as short |
| Injective BX/USDC PERPlong | +0.0220% | 1h | 138.74 | long leg | $4K | $32K | 12x |
HTX BX-USDT
tradeXYZ xyz:BX
KuCoin BXUSDTM