Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Bybit against Injective+0.103%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.279%−$28 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 0.103% dearer against Injective than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.279% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective EURUSD/USDC PERP | 1.1466 | 0.0033 | pay 0.0004% / 1h | 51m 00s | $9K | $78K | 101x |
| Short | Bybit EURUSDUSDT | 1.1478 | 0 | get 0.0000% / 8h | 3h 51m | $585K | $223K | 100x |
Injective EURUSD/USDC PERP
Bybit EURUSDUSDTFunding 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: +0.103% → 0.000%
- $10.29
- 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
- −$7.73
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 59 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, 59 min ago | 4.49 bp | 10.0 bp −$10 | 33.1 bp −$331 | 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1473 | +0.057% | $3K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | −0.0160% | 1h | 1.1472 | +0.045% | $165K | $8.3M | 30x | as long as short |
| MEXC EUR_USDT | −0.0156% | 4h | 1.1475 | +0.075% | $6.8M | $132K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1483 | +0.149% | $2.1M | $412K | 50x | as long as short |
| Bybit EURUSDUSDTshort | 0.0000% | 8h | 1.1478 | +0.103% | $585K | $223K | 100x | |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | +0.101% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | +0.084% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1472 | +0.049% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1481 | +0.127% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1478 | +0.101% | $12K | $263K | 20x | as long as short |
Kraken Futures PF_EURUSD
Hibachi EUR/USDT-P
MEXC EUR_USDT
Lighter EURUSD
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0028% | 1h | 1.1476 | +0.079% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1472 | +0.053% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERPlong | +0.0033% | 1h | 1.1466 | long leg | $9K | $78K | 101x | |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1505 | +0.333% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1477 | +0.092% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1480 | +0.120% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0160% | 1h | 1.1480 | +0.119% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0201% | 1h | 1.1480 | +0.119% | $23.3M | $1.8M | 50x | as long as short |
Nado EURUSD-PERP
Extended EUR-USD
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
tradeXYZ xyz:EUR