Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 400.23 | −0.0220 | get 0.0028% / 1h | 21m 03s | $39K | $118K | 25x | Long Injective | |
| SHORT | 399.16 | −0.0097 | pay 0.0012% / 1h | 21m 03s | $37K | $108K | 8x | Short Reya |
Price gap−0.269%
Funding gap+0.0123% /8h
Funding pays +$4 a day on $10k, but the gap is 0.174% under its 7d average: −$17 if it goes back, about 4.7 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$27+0.0123% /8h now · paid +0.267% over the last 7D
Price−$17spread −0.269% now, avg −0.095% → −0.174% if it goes back
Costsno datano order book for Reya
Result, before costs+$9+0.09%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.269%
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
/8hTSLA on 46 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$400 + $1,250Injective 25x, Reya 8x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.70Long Injective: 24 payments, +$6.60; short Reya: 24 payments, −$2.90.
- Watch: Gap narrower than usual−0.269% vs −0.095%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$37K vs $39K OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legInjective No · Reya NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0127%/8h × 21 periods+$26.69
Price spread−0.269% → −0.095% (7d avg)−$17.45
Slippage, 4 ordersno data for Reya—
Fee Injective bp × 2 orders−$0.02
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k+$3.22
Costs to cover0.060%Break-even6.2 days
Slippage: Injective: live order book, 37 min ago; Reya: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGInjective36.0545.6 bp−$469037.8 bp−$90.4K180376.8 bp−$18.04Mdoesn’t fit
SELL · SHORTReya—————
Closing costs about the same again.
Reya: no data.
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