USDSGD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	InjectiveUSDSGD/USDC PERP	1.2763	+0.0033	pay 0.0004% / 1h	31m 49s	$322	$174K	50x	Long Injective
SHORT	AvantisUSD/SGD	1.2764	L +0.0027S +0.0068	pay 0.0009% / 1h	31m 49s	$3K	—	100x	Short Avantis

Price gap+0.005%56s

Funding gap−0.0101% /8h

Funding costs $3 a day on $10k at the current rate. Swap the legs.

The two prices were read 56 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$24−0.0101% /8h now · paid −0.243% over the last 7D

Price—spread +0.005%56s now · prices read too far apart to compare

Costsno datano order book for Injective and Avantis

Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both prices read together

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.005%

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

/8h

USDSGD on 2 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Injective and Avantis: its slippage is not counted.
Note: Margin at max leverage$200 + $100
Injective 50x, Avantis 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$3.04Long Injective: 24 payments, −$1.00; short Avantis: 24 payments, −$2.04.
Watch: Prices read 56 s apart+0.005% vs —
Part of this gap may be the market moving.
Watch: Long leg is thinner$322 vs $3K OI
Injective sets your exit cost. Check its book before closing.
OK: Points on a legAvantis Season 3
Volume here counts toward the points program.
OK: No KYC on either legInjective No · Avantis No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0116%/8h × 21 periods−$24.32

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Injective and Avantis—

Fee Injective bp × 2 orders−$0.02

Fee Avantis bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$30.34

price spread not counted: prices read too far apart

Costs to cover0.060%Break-evennever at this rate

Slippage: Injective: no order-book sample; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGInjective—————

SELL · SHORTAvantis—————

Closing costs about the same again.
Injective and Avantis: no data.