Funding you earn now, next payment 01:00 UTC−0.0427%/8h= −46.7% APRpaid last 24h −0.045%
Price spread now: Injective against Binance−1.637%87s7-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 −$13 a day on $10k at the current rate, and Injective is 1.637% cheaper against Binance than usual: you would sell low and buy high (−$164 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 87 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 VRTUSDT | 253.57 | 0.0460 | pay 0.0460% / 8h | 7h 13m | $1.1M | $1.0M | 25x |
| Short | Injective VRT/USDC PERP | 249.42 | 0.0033 | get 0.0004% / 1h | 13m 51s | $9K | $50 | 12x |
Binance VRTUSDT
Injective VRT/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
- −$89.59
- Price spread: −1.637% → 0.000%
- −$163.66
- 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
- −$263.27
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 4 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, 4 min ago | 2.17 bp | 21.8 bp −$22 | 74.3 bp −$743 | 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.
VRT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDT | 0.0000% | 8h | 253.80 | +0.091% | $140K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 253.64 | +0.028% | $478K | $159K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 253.32 | −0.099% | $922 | $510K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 253.89 | +0.126% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERPshort | +0.0033% | 1h | 249.42 | −1.637% | $9K | $50 | 12x | |
| OKX VRT-USDT-SWAP | +0.0162% | 8h | 253.77 | +0.079% | $255K | $148K | 20x | as long as short |
| Bybit VRTUSDT | +0.0260% | 8h | 253.64 | +0.028% | $451K | $119K | 25x | as long as short |
| KuCoin VRTUSDTM | +0.0292% | 8h | 253.37 | −0.079% | $107K | $30K | 20x | as long as short |
| Binance VRTUSDTlong | +0.0460% | 8h | 253.57 | long leg | $1.1M | $1.0M | 25x |
Gate VRT_USDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
OKX VRT-USDT-SWAP
Bybit VRTUSDT
KuCoin VRTUSDTM