Funding you earn now, next payment 09:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.010%
Price spread now: Bybit against Injective+0.054%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.223%−$22 on $10k
+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. Bybit is 0.054% dearer against Injective than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.223% in total) that is about 41 hours. The two prices were read 108 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 DELL/USDC PERP | 571.67 | 0.0033 | pay 0.0004% / 1h | 11m 31s | $8K | $83K | 12x |
| Short | Bybit DELLUSDT | 571.98 | 0 | get 0.0000% / 8h | 7h 11m | $6.1M | $3.9M | 50x |
Injective DELL/USDC PERP
Bybit DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.054% → 0.000%
- $5.42
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.6
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 0.09 bp | 13.4 bp −$13 | 85.9 bp −$859 | 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.
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 | 571.83 | +0.028% | $20K | $49K | 20x | as long as short |
| Bybit DELLUSDTshort | 0.0000% | 8h | 571.98 | +0.054% | $6.1M | $3.9M | 50x | |
| Gate DELL_USDT | 0.0000% | 8h | 572.18 | +0.089% | $4.0M | $6.8M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 571.94 | +0.047% | $3.7M | $4.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 570.91 | −0.134% | $896 | $138K | 10x | as long as short |
| Lighter DELL | +0.0032% | 1h | 572.23 | +0.098% | $33K | $12K | 10x | as long as short |
| Injective DELL/USDC PERPlong | +0.0033% | 1h | 571.67 | long leg | $8K | $83K | 12x | |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 571.52 | −0.026% | $7.5M | $6.8M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 571.52 | −0.026% | $7K | $55K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0077% | 8h | 571.71 | +0.007% | $5.8M | $6.7M | 20x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
GRVT DELL_USDT_Perp
Lighter DELL
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DELLUSDTM | +0.0100% | 8h | 571.75 | +0.014% | $936K | $96K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 572.42 | +0.131% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 572.42 | +0.131% | $18K | $58K | 10x | as long as short |
| Variational Omni DELL | +0.0128% | 8h | 571.38 | −0.051% | $258K | $61K | — | as long as short |
| Extended DELL-USD | +0.0192% | 1h | 571.92 | +0.044% | $331K | $2.6M | 10x | as long as short |
| Binance DELLUSDT | +0.0193% | 8h | 572.05 | +0.066% | $18.3M | $66.5M | 20x | as long as short |
| edgeX DELLUSDC | +0.0210% | 4h | 571.06 | −0.108% | $5K | $335K | 10x | as long as short |
| BloFin DELL-USDT | +0.0217% | 8h | 571.11 | −0.098% | $321K | $234K | 20x | as long as short |
| Nado DELL-PERP | +0.0586% | 1h | 571.66 | −0.002% | $69K | $20K | 10x | as long as short |
| Phoenix DELL | +0.0810% | 1h | 571.64 | −0.005% | $3K | $228K | 10x | as long as short |
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Variational Omni DELL
Extended DELL-USD
Binance DELLUSDT
edgeX DELLUSDC
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL