Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.004%
Price spread now: Injective against Gate−1.532%114s7-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
Funding pays, the price is against you. Injective is 1.532% cheaper against Gate than usual: you would sell low and buy high (spread −1.532% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$153 on $10k: about 5 months of funding at the current rate (+$1 a day). The two prices were read 114 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 | Gate VRT_USDT | 253.30 | 0 | get 0.0000% / 8h | 4h 03m | $141K | $18K | 20x |
| Short | Injective VRT/USDC PERP | 249.42 | 0.0033 | get 0.0004% / 1h | 3m 19s | $9K | $50 | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- $7
- Price spread: −1.532% → 0.000%
- −$153.18
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$161.2
- Costs to cover
- 0.150%
- Break-even
- 168.2 days
Slippage unknown: Gate: live order book, 47 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 Gate live order book, 47 min ago | 15.78 bp | 141.4 bp −$141 | 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.
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_USDTlong | 0.0000% | 8h | 253.30 | long leg | $141K | $18K | 20x | |
| Bitget VRTUSDT | 0.0000% | 8h | 252.81 | −0.193% | $481K | $150K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 252.88 | −0.166% | $1K | $476K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 252.52 | −0.308% | $8K | $42K | 10x | as long as short |
| Injective VRT/USDC PERPshort | +0.0033% | 1h | 249.42 | −1.532% | $9K | $50 | 12x | |
| Bybit VRTUSDT | +0.0292% | 8h | 252.98 | −0.126% | $453K | $122K | 25x | as long as short |
| OKX VRT-USDT-SWAP | +0.0349% | 8h | 252.66 | −0.253% | $267K | $159K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0506% | 8h | 252.88 | −0.166% | $107K | $22K | 20x | as long as short |
| Binance VRTUSDT | +0.0806% | 8h | 252.80 | −0.197% | $1.1M | $1.0M | 25x | as long as short |
Gate VRT_USDT
Injective VRT/USDC PERP
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
Bybit VRTUSDT
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM
Binance VRTUSDT