Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.111%
Price spread now: Bitget against Injective−1.651%61s7-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. Bitget is 1.651% cheaper against Injective than usual: you would sell low and buy high (spread −1.651% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$165 on $10k: about 3 months of funding at the current rate (+$2 a day). 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 ALT/USDC PERP | 0.007691 | 0.0033 | pay 0.0004% / 1h | 2m 13s | $837 | $4K | 5.5x |
| Short | Bitget ALTUSDT | 0.007564 | 0.0100 | get 0.0050% / 4h | 3h 02m | $611K | $127K | 50x |
Injective ALT/USDC PERP
Bitget ALTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $14
- Price spread: −1.651% → 0.000%
- −$165.13
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$163.15
- Costs to cover
- 0.120%
- Break-even
- 88.6 days
Slippage unknown: Injective: no order-book sample; Bitget: 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 Bitget live order book, 48 min ago | 3.28 bp | 35.2 bp −$35 | 120.0 bp −$1,200 | 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.
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 | −0.0410% | 1h | 0.007567 | −1.612% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007691 | long leg | $837 | $4K | 5.5x | |
| Kraken Futures PF_ALTUSD | +0.0042% | 1h | 0.007569 | −1.582% | $44K | $8K | 10x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007564 | −1.651% | $1.1M | $141K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007568 | −1.599% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007564 | −1.651% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007566 | −1.625% | $48K | $383K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007567 | −1.612% | $378K | $182K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007576 | −1.495% | $145K | $22K | 30x | as long as short |
| Bitget ALTUSDTshort | +0.0100% | 4h | 0.007564 | −1.651% | $611K | $127K | 50x |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
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 | 0.007572 | −1.547% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007588 | −1.337% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0148% | 4h | 0.007594 | −1.261% | $172K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0488% | 1h | 0.007691 | 0.000% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX