Settings8H · net · $10k
Funding arb · Price arb /

NOC

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Gate against Injective−9.148%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 9.148% cheaper against Injective than usual: you would sell low and buy high (−$915 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NOC/USDC PERP580.040.0220pay 0.0028% / 1h35m 16s$3K$24K12x
ShortGate NOC_USDT526.980get 0.0000% / 8h1h 35m$65K$48820x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −9.148% → 0.000%
−$914.76
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$975.98
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Gate no order-book sample
Injective and Gate: 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.

NOC on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NOC-USD0.0000%1h527.82−9.003%$1.1M$612K10xas long as short
Gate NOC_USDTshort0.0000%8h526.98−9.148%$65K$48820x
Bitget NOCUSDT0.0000%8h526.84−9.172%$71K$11K20xas long as short
Injective NOC/USDC PERPlong+0.0220%1h580.04long leg$3K$24K12x