Funding you earn now, next payment 06:00 UTC−0.1030%/8h= −112.8% APRpaid last 24h +0.012%
Price spread now: edgeX against Injective−2.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 2.048% cheaper against Injective than usual: you would sell low and buy high (−$205 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GS/USDC PERP | 978.89 | 0.0220 | pay 0.0028% / 1h | 11m 40s | $11K | $39K | 12x |
| Short | edgeX GSUSDC | 958.84 | −0.0810 | pay 0.0405% / 4h | 2h 11m | $26K | $244K | 10x |
Injective GS/USDC PERP
edgeX GSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$216.35
- Price spread: −2.048% → 0.000%
- −$204.81
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$430.18
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 36 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 edgeX live order book, 36 min ago | 21.84 bp | 149.8 bp −$150 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GSUSDCshort | −0.0810% | 4h | 958.84 | −2.048% | $26K | $244K | 10x | |
| Binance GSUSDT | 0.0000% | 8h | 958.03 | −2.131% | $425K | $384K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 956.93 | −2.243% | $286K | $43K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 957.46 | −2.189% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 956.80 | −2.257% | $226K | $8K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 958.55 | −2.078% | $356K | $38K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.57 | −2.178% | $632 | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 958.77 | −2.055% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERPlong | +0.0220% | 1h | 978.89 | long leg | $11K | $39K | 12x |
Binance GSUSDT
Bybit GSUSDT
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT