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

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.3708%/8hpaid last 24h −1.166%
Price spread now: Injective against Bybit−0.802%58s7-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 −$111 a day on $10k at the current rate, and Injective is 0.802% cheaper against Bybit than usual: you would sell low and buy high (−$80 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CCUSDT0.11600.0100pay 0.0050% / 4h6m 24s$10.3M$3.4M25x
ShortInjective CC/USDC PERP0.1151−0.3608pay 0.0451% / 1h6m 24s$6K$1005.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bybit. 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
−$778.78
Price spread: −0.802% → 0.000%
−$80.15
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$869.96
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago2.59 bp32.6 bp −$33339.7 bp −$3,397doesn't fitdoesn'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.

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−0.3608%1h0.1151−0.802%$6K$1005.5x
Paradex CC-USD-PERP+0.0098%8h0.1161+0.073%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1163+0.259%$5.4M$1.1M3xas long as short
Aster CCUSDT+0.0100%4h0.1161+0.077%$36K$33K20xas long as short
Binance CCUSDT+0.0100%4h0.1161+0.034%$11.2M$9.8M75xas long as short
Bybit CCUSDTlong+0.0100%4h0.1160long leg$10.3M$3.4M25x
OKX CC-USDT-SWAP+0.0100%4h0.1161+0.069%$2.5M$3.2M20xas long as short
Gate CC_USDT+0.0100%4h0.1161+0.086%$362K$203K50xas long as short
MEXC CC_USDT+0.0100%4h0.1161+0.026%$1.7M$300K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1162+0.103%$486K$108K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1161+0.017%$987K$705K20xas long as short
BingX CC-USDT+0.0100%4h0.1161+0.034%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1161+0.069%$18K$19K10xas long as short
Variational Omni CC+0.0100%4h0.1161+0.064%$579K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1162+0.172%$81K$2.0M10xas long as short
Derive CC-PERP+0.0100%1h0.1160−0.042%$5K$31K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1161+0.069%$595K$103K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0441% / S −0.0239%1h0.1161+0.078%$43K50xas long as short
Lighter CC+0.1408%1h0.1165+0.431%$234K$151K5xas long as short