Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 64.887 | +0.0033 | pay 0.0004% / 1h | 23m 49s | $10K | $253K | 10x | Long Injective | |
| SHORT | 64.606 | −0.1135 | pay 0.0142% / 1h | 23m 49s | $29K | $102K | 5x | Short Reya |
Price gap−0.432%119s
Funding gap−0.1168% /8h
Both sides work against this direction now: funding costs $35 a day on $10k and the gap is 0.395% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$92−0.1168% /8h now · paid −0.924% over the last 7D
Price—spread −0.432%119s now · prices read too far apart to compare
Costsno datano order book for Injective and Reya
Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both prices read together
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.432%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Injective and Reya: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $2,000Injective 10x, Reya 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$35.05Long Injective: 24 payments, −$1.00; short Reya: 24 payments, −$34.05.
- Watch: Prices read 119 s apart−0.432% vs −0.037%Part of this gap may be the market moving.
- Watch: Long leg is thinner$10K vs $29K OIInjective sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legInjective No · Reya NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0440%/8h × 21 periods−$92.36
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Injective and Reya—
Fee Injective bp × 2 orders−$0.02
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$98.38
price spread not counted: prices read too far apartCosts to cover0.060%Break-evennever at this rate
Slippage: Injective: no order-book sample; Reya: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGInjective—————
SELL · SHORTReya—————
Closing costs about the same again.
Injective and Reya: no data.
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Paragon