Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.018%
Price spread now: Binance against Injective−3.120%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.277%−$28 on $10k
+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 −$7 a day on $10k at the current rate, and Binance is 3.120% cheaper against Injective than usual: you would sell low and buy high (−$312 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 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 | Injective GS/USDC PERP | 988.81 | 0.0220 | pay 0.0028% / 1h | 59m 53s | $11K | $39K | 12x |
| Short | Binance GSUSDT | 957.96 | 0 | get 0.0000% / 8h | 2h 59m | $429K | $376K | 20x |
Injective GS/USDC PERP
Binance GSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$46.2
- Price spread: −3.120% → 0.000%
- −$312.03
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$368.25
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 47 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 Binance live order book, 47 min ago | 4.54 bp | 20.7 bp −$21 | 73.6 bp −$736 | 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.
GS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GSUSDTshort | 0.0000% | 8h | 957.96 | −3.120% | $429K | $376K | 20x | |
| Bybit GSUSDT | 0.0000% | 8h | 957.55 | −3.161% | $285K | $42K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 957.67 | −3.149% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 957.20 | −3.197% | $227K | $9K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 958.02 | −3.114% | $353K | $37K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.07 | −3.209% | $124 | $121K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 958.68 | −3.047% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERPlong | +0.0220% | 1h | 988.81 | long leg | $11K | $39K | 12x | |
| edgeX GSUSDC | +0.0917% | 4h | 957.90 | −3.126% | $26K | $244K | 10x | as long as short |
Bybit GSUSDT
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
edgeX GSUSDC