Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: Gate against Injective+1.074%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 1.074% dearer against Injective than usual: you sell high and buy low: +$107 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PYPL/USDC PERP | 52.120 | −0.0220 | get 0.0028% / 1h | 28m 31s | $7K | $22K | 12x |
| Short | Gate PYPL_USDT | 52.680 | 0 | get 0.0000% / 8h | 6h 28m | $36K | $2K | 20x |
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 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: +1.074% → 0.000%
- $107.44
- 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
- $138.62
- Costs to cover
- 0.150%
- Break-even
- from the start
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| Leg | Half-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.
PYPL on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYPL/USDC PERPlong | −0.0220% | 1h | 52.120 | long leg | $7K | $22K | 12x | |
| Binance PYPLUSDT | 0.0000% | 8h | 52.650 | +1.018% | $284K | $181K | 20x | as long as short |
| Bybit PYPLUSDT | 0.0000% | 8h | 52.620 | +0.959% | $371K | $44K | 25x | as long as short |
| OKX PYPL-USDT-SWAP | 0.0000% | 8h | 52.740 | +1.190% | $114K | $39K | 20x | as long as short |
| Gate PYPL_USDTshort | 0.0000% | 8h | 52.680 | +1.074% | $36K | $2K | 20x | |
| Bitget PYPLUSDT | 0.0000% | 8h | 52.630 | +0.979% | $78K | $10K | 20x | as long as short |
| HTX PYPL-USDT | 0.0000% | 8h | 52.660 | +1.036% | $7K | $14K | 10x | as long as short |
| edgeX PYPLUSDC | +0.0365% | 4h | 52.645 | +1.008% | $28K | $250K | 10x | as long as short |
Injective PYPL/USDC PERP
Gate PYPL_USDT
Binance PYPLUSDT
Bybit PYPLUSDT
OKX PYPL-USDT-SWAP
Bitget PYPLUSDT
HTX PYPL-USDT
edgeX PYPLUSDC