Settings8H · net · $10k
Funding arb · Price arb /

CC

all CC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.3420%/8h= −374.5% APRpaid last 24h −1.171%
Price spread now: Injective against BingX−1.976%72s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$103 a day on $10k at the current rate, and Injective is 1.976% cheaper against BingX than usual: you would sell low and buy high (−$198 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CC-USDT0.11790.0100pay 0.0050% / 4h47m 55s$6.6M
ShortInjective CC/USDC PERP0.1156−0.3320pay 0.0415% / 1h47m 55s$6K$975.5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$718.14
Price spread: −1.976% → 0.000%
−$197.57
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
−$925.74
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago5.52 bp21.8 bp −$2271.1 bp −$711322.9 bp −$32.3K927.5 bp −$463.7K
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.

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERPshort−0.3320%1h0.1156−1.976%$6K$975.5x
Paradex CC-USD-PERP+0.0097%8h0.1179+0.016%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1179+0.016%$35K$38K20xas long as short
Binance CCUSDT+0.0100%4h0.1180+0.034%$11.1M$11.0M75xas long as short
Bybit CCUSDT+0.0100%4h0.1179+0.008%$10.7M$3.7M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1181+0.119%$2.6M$3.5M20xas long as short
Gate CC_USDT+0.0100%4h0.1177−0.170%$365K$213K50xas long as short
MEXC CC_USDT+0.0100%4h0.1179−0.025%$1.6M$313K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1180+0.068%$500K$115K50xas long as short
Bitget CCUSDT+0.0100%4h0.1180+0.093%$941K$787K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDTlong+0.0100%4h0.1179long leg$6.6M
Variational Omni CC+0.0100%4h0.1177−0.203%$587K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1178−0.102%$84K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1178−0.116%$6K$36K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1177−0.204%$584K$107K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0447% / S −0.0241%1h0.1179+0.004%$44K50xas long as short
Backpack CC_USDC_PERP+0.0453%1h0.1179−0.008%$15K$22K10xas long as short
Hyperliquid CC+0.0846%1h0.1182+0.220%$5.5M$1.3M3xas long as short
Lighter CC+0.1480%1h0.1184+0.365%$237K$153K5xas long as short