Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.013%
Price spread now: Injective against BingX−1.927%57s7-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 −$2 a day on $10k at the current rate, and Injective is 1.927% cheaper against BingX than usual: you would sell low and buy high (−$193 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | BingX ALT-USDT | 0.007526 | 0.0100 | pay 0.0050% / 4h | 42m 25s | — | $1.3M | — |
| Short | Injective ALT/USDC PERP | 0.007381 | 0.0033 | get 0.0004% / 1h | 42m 25s | $815 | $4K | 5.5x |
BingX ALT-USDT
Injective ALT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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
- −$14
- Price spread: −1.927% → 0.000%
- −$192.67
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$216.69
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: 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 BingX live order book, 2 min ago | 3.32 bp | 19.0 bp −$19 | 62.1 bp −$621 | 562.3 bp −$56.2K | 746.8 bp −$373.4K |
| 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | −0.0281% | 1h | 0.007529 | +0.040% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | −0.0089% | 1h | 0.007532 | +0.078% | $44K | $8K | 10x | as long as short |
| Variational Omni ALT | −0.0032% | 4h | 0.007533 | +0.094% | $4K | $13K | — | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007381 | −1.927% | $815 | $4K | 5.5x | |
| BloFin ALT-USDT | +0.0048% | 4h | 0.007540 | +0.186% | $171K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007526 | 0.000% | $1.1M | $185K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007528 | +0.027% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007524 | −0.027% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007527 | +0.013% | $51K | $411K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007528 | +0.027% | $401K | $184K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Variational Omni ALT
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007532 | +0.080% | $150K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007530 | +0.053% | $619K | $100K | 50x | as long as short |
| BingX ALT-USDTlong | +0.0100% | 4h | 0.007526 | long leg | — | $1.3M | — | |
| Coinbase International ALT-PERP-INTX | +0.0416% | 1h | 0.007548 | +0.292% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
Coinbase International ALT-PERP-INTX