Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,635 | +0.0033 | pay 0.0004% / 1h | 53m 25s | $504 | $104K | 50x | Long Injective | |
| SHORT | 7,665.2 | 0 | 0.0000% / 8h | 1h 53m | $1.6M | $22K | 100x | Short Gate |
Price gap+0.396%
Funding gap−0.0033% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 13 days. At the last 7 days' pace that is about 5.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0033% /8h now · paid −0.158% over the last 7D
Price+$13spread +0.396% now, avg +0.267% → +0.129% if it goes back
Costsno datano order book for Injective
Result, before costs−$3−0.03%no pointscosts unknown: no order book for Injective · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.396%
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
/8hSP500 on 25 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$200 + $100Injective 50x, Gate 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.00Long Injective: 24 payments, −$1.00; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+0.396% vs +0.267%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$504 vs $1.6M OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCInjective No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0075%/8h × 21 periods−$15.84
Price spread+0.396% → +0.267% (7d avg)+$12.90
Slippage, 4 ordersno data for Injective—
Fee Injective bp × 2 orders−$0.02
Fee Gate bp × 2 orders−$15.00
Net, fees only · 7 days · $10k−$17.96
Costs to cover0.150%Break-evennever at this rate
Slippage: Injective: no order-book sample; Gate: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective—————
SELL · SHORTGate5.8062.7 bp−$63106.2 bp−$1,062doesn’t fitdoesn’t fit
Closing costs about the same again.
Injective: no data.
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