Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.013%
Price spread now: MEXC against Injective+1.937%100s7-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 +$2 a day on $10k at the current rate, and MEXC is 1.937% dearer against Injective than usual: you sell high and buy low: +$194 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 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 | 0.007381 | 0.0033 | pay 0.0004% / 1h | 19m 29s | $815 | $4K | 5.5x |
| Short | MEXC ALT_USDT | 0.007524 | 0.0100 | get 0.0050% / 4h | 19m 29s | $401K | $185K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +1.937% → 0.000%
- $193.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $203.72
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 41 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 MEXC live order book, 41 min ago | 1.33 bp | 10.8 bp −$11 | 59.0 bp −$590 | 265.9 bp −$26.6K | 453.7 bp −$226.9K |
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 | −0.0282% | 1h | 0.007521 | +1.897% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | −0.0089% | 1h | 0.007525 | +1.954% | $44K | $8K | 10x | as long as short |
| Variational Omni ALT | −0.0032% | 4h | 0.007522 | +1.917% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007381 | long leg | $815 | $4K | 5.5x | |
| BloFin ALT-USDT | +0.0058% | 4h | 0.007521 | +1.897% | $171K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007521 | +1.897% | $1.1M | $183K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007525 | +1.952% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007521 | +1.897% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007516 | +1.829% | $50K | $412K | 25x | as long as short |
| MEXC ALT_USDTshort | +0.0100% | 4h | 0.007524 | +1.937% | $401K | $185K | 50x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007528 | +1.992% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007520 | +1.883% | $620K | $100K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007524 | +1.937% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0416% | 1h | 0.007548 | +2.263% | $14K | $3K | 50x | as long as short |
Injective ALT/USDC PERP
MEXC ALT_USDT
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Variational Omni ALT
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX