Funding you earn now, next payment 04:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h +0.010%
Price spread now: Injective against Bybit−1.372%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 −$3 a day on $10k at the current rate, and Injective is 1.372% cheaper against Bybit than usual: you would sell low and buy high (−$137 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 VRTUSDT | 252.89 | 0.0131 | pay 0.0131% / 8h | 4h 47m | $453K | $121K | 25x |
| Short | Injective VRT/USDC PERP | 249.42 | 0.0033 | get 0.0004% / 1h | 47m 26s | $9K | $50 | 12x |
Bybit VRTUSDT
Injective VRT/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
- −$20.47
- Price spread: −1.372% → 0.000%
- −$137.21
- 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
- −$168.71
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 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, 2 min ago | 9.49 bp | 86.1 bp −$86 | 223.0 bp −$2,230 | 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 | 253.10 | +0.083% | $141K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 252.62 | −0.107% | $480K | $151K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 252.97 | +0.032% | $1K | $491K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 253.20 | +0.123% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERPshort | +0.0033% | 1h | 249.42 | −1.372% | $9K | $50 | 12x | |
| Bybit VRTUSDTlong | +0.0131% | 8h | 252.89 | long leg | $453K | $121K | 25x | |
| OKX VRT-USDT-SWAP | +0.0277% | 8h | 252.34 | −0.217% | $266K | $161K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0405% | 8h | 252.84 | −0.020% | $107K | $22K | 20x | as long as short |
| Binance VRTUSDT | +0.0639% | 8h | 252.60 | −0.115% | $1.1M | $1.1M | 25x | as long as short |
Gate VRT_USDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM
Binance VRTUSDT