Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.023%
Price spread now: Arcus against Injective−9.061%7-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 Arcus is 9.061% cheaper against Injective than usual: you would sell low and buy high (−$906 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GLD/USDC PERP | 437.49 | 0.0220 | pay 0.0028% / 1h | 30m 22s | $3K | $93 | 52x |
| Short | Arcus GLD-USD | 397.85 | 0.0040 | get 0.0005% / 1h | 30m 22s | $301K | $528K | 25x |
Injective GLD/USDC PERP
Arcus GLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$37.74
- Price spread: −9.061% → 0.000%
- −$906.08
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$948.34
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Arcus: live order book, 23 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 Arcus live order book, 23 min ago | 0.63 bp | 9.9 bp −$10 | 10.9 bp −$109 | 29.7 bp −$2,966 | 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.
GLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GLD_USDT | 0.0000% | 8h | 399.20 | −8.752% | $48K | $3K | 20x | as long as short |
| Arcus GLD-USDshort | +0.0040% | 1h | 397.85 | −9.061% | $301K | $528K | 25x | |
| Vest GLD-USD-PERP | +0.0046% | 1h | 397.60 | −9.118% | — | — | 25x | as long as short |
| MEXC GLD_USDT | +0.0200% | 8h | 398.11 | −9.001% | $110K | $97K | 20x | as long as short |
| Injective GLD/USDC PERPlong | +0.0220% | 1h | 437.49 | long leg | $3K | $93 | 52x |
Gate GLD_USDT
Vest GLD-USD-PERP
MEXC GLD_USDT