Funding you earn now, next payment 08:00 UTC−0.0337%/8h= −36.9% APRpaid last 24h −0.066%
Price spread now: Bitget against Injective−9.675%91s7-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 −$10 a day on $10k at the current rate, and Bitget is 9.675% cheaper against Injective than usual: you would sell low and buy high (−$968 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RIO/USDC PERP | 106.77 | 0.0220 | pay 0.0028% / 1h | 59m 50s | $11K | $77 | 12x |
| Short | Bitget RIOUSDT | 96.440 | −0.0117 | pay 0.0117% / 8h | 7h 59m | $113K | $5K | 20x |
Injective RIO/USDC PERP
Bitget RIOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$70.77
- Price spread: −9.675% → 0.000%
- −$967.5
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,050.29
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 29 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 Bitget live order book, 29 min ago | 6.70 bp | 15.3 bp −$15 | 27.3 bp −$273 | 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.
RIO on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RIOUSDTshort | −0.0117% | 8h | 96.440 | −9.675% | $113K | $5K | 20x | |
| Gate RIO_USDT | 0.0000% | 8h | 96.710 | −9.422% | $1K | $5K | 20x | as long as short |
| Injective RIO/USDC PERPlong | +0.0220% | 1h | 106.77 | long leg | $11K | $77 | 12x |
Gate RIO_USDT