Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: SunX against Injective+1.283%61s7-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
The price spread pays, funding is against you. SunX is 1.283% dearer against Injective than usual: you sell high and buy low (spread +1.283% now, against zero (this spread has no 7-day history yet)): +$128 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 61 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 | Injective VRT/USDC PERP | 249.42 | 0.0033 | pay 0.0004% / 1h | 46m 16s | $9K | $50 | 12x |
| Short | SunX VRT-USDT | 252.62 | 0 | get 0.0000% / 8h | 4h 46m | $1K | $491K | 10x |
Injective VRT/USDC PERP
SunX VRT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$7
- Price spread: +1.283% → 0.000%
- $128.3
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $113.28
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 45 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 SunX live order book, 45 min ago | 500.25 bp | doesn't fit | doesn't fit | 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 | 253.10 | +1.475% | $141K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 252.72 | +1.323% | $480K | $151K | 20x | as long as short |
| SunX VRT-USDTshort | 0.0000% | 8h | 252.62 | +1.283% | $1K | $491K | 10x | |
| HTX VRT-USDT | 0.0000% | 8h | 253.20 | +1.516% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERPlong | +0.0033% | 1h | 249.42 | long leg | $9K | $50 | 12x | |
| Bybit VRTUSDT | +0.0125% | 8h | 252.79 | +1.351% | $453K | $121K | 25x | as long as short |
| OKX VRT-USDT-SWAP | +0.0279% | 8h | 252.34 | +1.171% | $266K | $160K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0407% | 8h | 252.82 | +1.363% | $107K | $22K | 20x | as long as short |
| Binance VRTUSDT | +0.0640% | 8h | 252.69 | +1.312% | $1.1M | $1.1M | 25x | as long as short |
Gate VRT_USDT
Bitget VRTUSDT
HTX VRT-USDT
Bybit VRTUSDT
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM
Binance VRTUSDT