Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against HTX−0.851%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 −$2 a day on $10k at the current rate, and Injective is 0.851% cheaper against HTX than usual: you would sell low and buy high (−$85 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 | HTX PDD-USDT | 79.950 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $7K | $306K | 20x |
| Short | Injective PDD/USDC PERP | 79.270 | 0.0033 | get 0.0004% / 1h | 35m 11s | $11K | $8K | 12x |
HTX PDD-USDT
Injective PDD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against HTX. 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
- −$14
- Price spread: −0.851% → 0.000%
- −$85.05
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$111.07
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 27 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 27 min ago | 44.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
PDD 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 PDDUSDC | −0.0469% | 4h | 80.080 | +0.163% | $162K | $223K | 10x | as long as short |
| Binance PDDUSDT | 0.0000% | 8h | 80.130 | +0.225% | $1.4M | $940K | 20x | as long as short |
| Bybit PDDUSDT | 0.0000% | 8h | 80.110 | +0.200% | $256K | $2.0M | 25x | as long as short |
| Gate PDD_USDT | 0.0000% | 8h | 79.870 | −0.100% | $485K | $36K | 20x | as long as short |
| Bitget PDDUSDT | 0.0000% | 8h | 80.050 | +0.125% | $1.3M | $199K | 20x | as long as short |
| Injective PDD/USDC PERPshort | +0.0033% | 1h | 79.270 | −0.851% | $11K | $8K | 12x | |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.980 | +0.038% | $3K | — | 5x | as long as short |
| KuCoin PDDUSDTM | +0.0100% | 8h | 80.140 | +0.238% | $31K | $2.8M | 20x | as long as short |
| HTX PDD-USDTlong | +0.0100% | 8h | 79.950 | long leg | $7K | $306K | 20x |
edgeX PDDUSDC
Binance PDDUSDT
Bybit PDDUSDT
Gate PDD_USDT
Bitget PDDUSDT
Extended PDD_24_5-USD
KuCoin PDDUSDTM