Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Bybit+0.226%48s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.226% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). 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 GILDUSDT | 150.68 | 0 | get 0.0000% / 8h | 3h 52m | $67K | $39K | 25x |
| Short | Injective GILD/USDC PERP | 151.02 | 0.0033 | get 0.0004% / 1h | 52m 26s | — | $41K | 12x |
Bybit GILDUSDT
Injective GILD/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
- $7
- Price spread: +0.226% → 0.000%
- $22.56
- 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
- $18.54
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Bybit 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.
GILD on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GILDUSDTlong | 0.0000% | 8h | 150.68 | long leg | $67K | $39K | 25x | |
| Gate GILD_USDT | 0.0000% | 8h | 150.48 | −0.133% | $12K | $2K | 20x | as long as short |
| Bitget GILDUSDT | 0.0000% | 8h | 149.75 | −0.617% | $43K | $7K | 20x | as long as short |
| HTX GILD-USDT | 0.0000% | 8h | 150.68 | 0.000% | $5K | $412K | 10x | as long as short |
| Injective GILD/USDC PERPshort | +0.0033% | 1h | 151.02 | +0.226% | — | $41K | 12x |
Gate GILD_USDT
Bitget GILDUSDT
HTX GILD-USDT