Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 150.25 | +0.0033 | pay 0.0004% / 1h | 1m 53s | — | $52K | 10x | Long Injective | |
| SHORT | 149.69 | −0.0050 | pay 0.0050% / 8h | 7h 01m | $920K | $1.2M | — | Short BingX |
Price gap−0.375%106s
Funding gap−0.0083% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.375% under zero (no 7-day history yet). Swap the legs.
The two prices were read 106 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0083% /8h now · paid −0.065% over the last 7D
Price—spread −0.375%106s now · prices read too far apart to compare
Costsno datano order book for Injective
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Entry / ExitBingX: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.375%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGILD on 7 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Injective 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.50Long Injective: 24 payments, −$1.00; short BingX: 3 payments, −$1.50.
- Watch: Prices read 106 s apart−0.375% vs —Part of this gap may be the market moving.
- Note: Open interest unknown— vs $920K OIInjective reports no open interest, so the legs cannot be compared.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCInjective No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0031%/8h × 21 periods−$6.46
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Injective—
Fee Injective bp × 2 orders−$0.02
Fee BingX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$16.48
price spread not counted: prices read too far apartCosts to cover0.100%Break-evennever at this rate
Slippage: Injective: no order-book sample; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective—————
SELL · SHORTBingX12.69111.7 bp−$112488.5 bp−$4,885666.8 bp−$66.7K1029.7 bp−$514.8K
Closing costs about the same again.
Injective: no data.
Avantis