Funding you earn now, next payment 09:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Injective against Bybit−1.359%7-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 1.359% cheaper against Bybit than usual: you would sell low and buy high (−$136 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VUSDT | 369.40 | 0 | get 0.0000% / 8h | 7h 08m | $123K | $13K | 25x |
| Short | Injective V/USDC PERP | 364.38 | −0.0220 | pay 0.0028% / 1h | 8m 57s | $17K | $30K | 12x |
Bybit VUSDT
Injective V/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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: −1.359% → 0.000%
- −$135.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$193.12
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 6 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 Bybit live order book, 6 min ago | 16.39 bp | 58.2 bp −$58 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective V/USDC PERPshort | −0.0220% | 1h | 364.38 | −1.359% | $17K | $30K | 12x | |
| Aster VUSDT | 0.0000% | 8h | 369.72 | +0.088% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.38 | −0.005% | $604K | $269K | 20x | as long as short |
| Bybit VUSDTlong | 0.0000% | 8h | 369.40 | long leg | $123K | $13K | 25x | |
| Gate V_USDT | 0.0000% | 8h | 369.40 | 0.000% | $189K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.21 | −0.051% | $121K | $11K | 20x | as long as short |
| GRVT V_USDT_Perp | 0.0000% | 8h | 369.32 | −0.022% | $11K | $141K | 10x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 369.36 | −0.011% | $1K | $558K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.52 | +0.032% | $5K | $33K | 20x | as long as short |
| KuCoin VUSDTM | +0.0100% | 8h | 369.18 | −0.060% | $280K | $924K | 20x | as long as short |
Aster VUSDT
Binance VUSDT
Gate V_USDT
Bitget VUSDT
GRVT V_USDT_Perp
SunX V-USDT
HTX V-USDT
KuCoin VUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDC | +0.0692% | 4h | 369.26 | −0.039% | $192K | $179K | 10x | as long as short |
edgeX VUSDC