Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Binance−10.214%47s7-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 −$7 a day on $10k at the current rate, and Injective is 10.214% cheaper against Binance than usual: you would sell low and buy high (−$1,021 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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 | Binance VUSDT | 369.09 | 0 | get 0.0000% / 8h | 3h 30m | $597K | $269K | 20x |
| Short | Injective V/USDC PERP | 331.39 | −0.0220 | pay 0.0028% / 1h | 30m 33s | $16K | $30K | 12x |
Binance VUSDT
Injective V/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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: −10.214% → 0.000%
- −$1,021.44
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,077.66
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 16 min ago; Injective: 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 Binance live order book, 16 min ago | 5.29 bp | 20.6 bp −$21 | 74.7 bp −$747 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
V on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDC | −0.0471% | 4h | 368.89 | −0.054% | $192K | $180K | 10x | as long as short |
| Injective V/USDC PERPshort | −0.0220% | 1h | 331.39 | −10.214% | $16K | $30K | 12x | |
| Aster VUSDT | 0.0000% | 8h | 369.14 | +0.013% | $17K | $6K | 20x | as long as short |
| Binance VUSDTlong | 0.0000% | 8h | 369.09 | long leg | $597K | $269K | 20x | |
| Bybit VUSDT | 0.0000% | 8h | 368.82 | −0.073% | $127K | $10K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 369.20 | +0.030% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.35 | +0.070% | $122K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 368.88 | −0.057% | $1K | $626K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 368.96 | −0.035% | $6K | $32K | 20x | as long as short |
| GRVT V_USDT_Perp | +0.0023% | 8h | 369.00 | −0.024% | $11K | $156K | 10x | as long as short |
edgeX VUSDC
Aster VUSDT
Bybit VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDT
GRVT V_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTM | +0.0024% | 8h | 368.22 | −0.236% | $291K | $797K | 20x | as long as short |
KuCoin VUSDTM