Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.104%
Price spread now: Injective against Bitget+1.733%91s7-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. Injective is 1.733% dearer against Bitget than usual: you sell high and buy low (spread +1.733% now, against zero (this spread has no 7-day history yet)): +$173 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 91 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 | Bitget ALTUSDT | 0.007560 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $603K | $147K | 50x |
| Short | Injective ALT/USDC PERP | 0.007691 | 0.0033 | get 0.0004% / 1h | 3m 46s | $837 | $22 | 5.5x |
Bitget ALTUSDT
Injective ALT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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: +1.733% → 0.000%
- $173.28
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $147.26
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 26 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 Bitget live order book, 26 min ago | 5.36 bp | 40.7 bp −$41 | 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.
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 | +0.0014% | 1h | 0.007575 | +0.198% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007691 | +1.733% | $837 | $22 | 5.5x | |
| BloFin ALT-USDT | +0.0056% | 4h | 0.007576 | +0.212% | $169K | $6K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007566 | +0.079% | $1.1M | $131K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007571 | +0.145% | $2.6M | $3.4M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007562 | +0.026% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007560 | 0.000% | $51K | $383K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007572 | +0.159% | $383K | $173K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007570 | +0.132% | $147K | $20K | 30x | as long as short |
| Bitget ALTUSDTlong | +0.0100% | 4h | 0.007560 | long leg | $603K | $147K | 50x |
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007568 | +0.106% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007564 | +0.056% | $4K | $14K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0379% | 1h | 0.007574 | +0.184% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0576% | 1h | 0.007580 | +0.265% | $14K | $2K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX