Funding you earn now, next payment 05:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.009%
Price spread now: Injective against Bybit−0.917%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.224%+$22 on $10k
+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 −$5 a day on $10k at the current rate, and Injective is 0.917% cheaper against Bybit than usual: you would sell low and buy high (−$92 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.224%, so the current rate has only just turned against you. The two prices were read 48 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 | Bybit DELLUSDT | 576.96 | 0.0202 | pay 0.0202% / 8h | 3h 52m | $6.2M | $3.9M | 50x |
| Short | Injective DELL/USDC PERP | 571.67 | 0.0033 | get 0.0004% / 1h | 52m 32s | $8K | $83K | 12x |
Bybit DELLUSDT
Injective DELL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- −$35.45
- Price spread: −0.917% → 0.000%
- −$91.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$138.16
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; 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 Bybit live order book, 5 min ago | 0.35 bp | 14.5 bp −$15 | 106.5 bp −$1,065 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 576.63 | −0.057% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.92 | −0.007% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.95 | −0.002% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.21 | +0.043% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERPshort | +0.0033% | 1h | 571.67 | −0.917% | $8K | $83K | 12x | |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 576.50 | −0.080% | $7.6M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.72 | −0.042% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.65 | −0.054% | $944K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.68 | +0.125% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 577.60 | +0.111% | $18K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX DELLUSDC | +0.0156% | 4h | 577.00 | +0.006% | $5K | $333K | 10x | as long as short |
| Bybit DELLUSDTlong | +0.0202% | 8h | 576.96 | long leg | $6.2M | $3.9M | 50x | |
| OKX DELL-USDT-SWAP | +0.0422% | 8h | 577.16 | +0.035% | $5.9M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0609% | 8h | 577.00 | +0.007% | $263K | $87K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0647% | 8h | 577.29 | +0.057% | $808 | $152K | 10x | as long as short |
| Binance DELLUSDT | +0.0703% | 8h | 576.98 | +0.003% | $18.6M | $65.9M | 20x | as long as short |
| Extended DELL-USD | +0.0704% | 1h | 576.82 | −0.024% | $334K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0723% | 8h | 577.16 | +0.035% | $323K | $220K | 20x | as long as short |
| Nado DELL-PERP | +0.0798% | 1h | 576.40 | −0.098% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 577.09 | +0.023% | $3K | $260K | 10x | as long as short |
edgeX DELLUSDC
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL