Funding you earn now, next payment 05:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h −0.030%
Price spread now: Injective against Gate−1.045%69s7-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 −$5 a day on $10k at the current rate, and Injective is 1.045% cheaper against Gate than usual: you would sell low and buy high (−$104 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 69 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 | Gate GD_USDT | 355.99 | 0.0200 | pay 0.0200% / 8h | 3h 10m | $39K | $285 | 25x |
| Short | Injective GD/USDC PERP | 352.27 | 0.0033 | get 0.0004% / 1h | 10m 06s | $4 | $20K | 12x |
Gate GD_USDT
Injective GD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- Price spread: −1.045% → 0.000%
- −$104.5
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$154.52
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; 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 Gate no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Gate and 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.
GD on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX GD-USD | 0.0000% | 1h | 354.50 | −0.419% | $1.1M | $185K | 10x | as long as short |
| Injective GD/USDC PERPshort | +0.0033% | 1h | 352.27 | −1.045% | $4 | $20K | 12x | |
| Gate GD_USDTlong | +0.0200% | 8h | 355.99 | long leg | $39K | $285 | 25x |
QFEX GD-USD