Funding you earn now, next payment 01:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h −0.010%
Price spread now: Bybit against Injective+1.784%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 1.784% dearer against Injective than usual: you sell high and buy low: +$178 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective VRT/USDC PERP | 249.42 | 0.0033 | pay 0.0004% / 1h | 16m 51s | $9K | $50 | 12x |
| Short | Bybit VRTUSDT | 253.87 | 0.0168 | get 0.0168% / 8h | 7h 16m | $452K | $118K | 25x |
Injective VRT/USDC PERP
Bybit VRTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- $28.38
- Price spread: +1.784% → 0.000%
- $178.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $195.77
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 48 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 48 min ago | 2.97 bp | 50.6 bp −$51 | 206.3 bp −$2,063 | doesn't fit | doesn't fit |
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 | +1.756% | $140K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 253.62 | +1.684% | $478K | $162K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 253.32 | +1.564% | $922 | $521K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 253.46 | +1.620% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERPlong | +0.0033% | 1h | 249.42 | long leg | $9K | $50 | 12x | |
| OKX VRT-USDT-SWAP | +0.0152% | 8h | 253.77 | +1.744% | $255K | $150K | 20x | as long as short |
| Bybit VRTUSDTshort | +0.0168% | 8h | 253.87 | +1.784% | $452K | $118K | 25x | |
| KuCoin VRTUSDTM | +0.0273% | 8h | 253.36 | +1.580% | $107K | $31K | 20x | as long as short |
| Binance VRTUSDT | +0.0433% | 8h | 253.57 | +1.664% | $1.1M | $1.0M | 25x | as long as short |
Gate VRT_USDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM
Binance VRTUSDT