Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.011%
Price spread now: Injective against Bitget+4.038%71s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.221%+$122 on $10k
+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 4.038% dearer against Bitget than usual: you sell high and buy low (spread +4.038% now, against zero (this spread has no 7-day history yet)): +$404 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7 months. Mind the row above: over the last 7 days funding on this pair paid +1.221%, so the current rate has only just turned against you. The two prices were read 71 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 ETHFIUSDT | 0.6959 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $6.1M | $4.7M | 75x |
| Short | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | get 0.0004% / 1h | 54m 10s | $321 | $51K | 5.5x |
Bitget ETHFIUSDT
Injective ETHFI/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: +4.038% → 0.000%
- $403.79
- 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
- $377.77
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 2.15 bp | 14.6 bp −$15 | 26.3 bp −$263 | 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.
ETHFI on 24 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 ETHFI_USDC-PERPETUAL | −0.0468% | 1h | 0.6959 | 0.000% | $41K | $12K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0464% | 4h | 0.6955 | −0.057% | $17.1M | $12.9M | 25x | as long as short |
| HTX ETHFI-USDT | −0.0427% | 4h | 0.6958 | −0.014% | $83K | $149K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0284% | 4h | 0.6958 | −0.014% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0269% | 4h | 0.6948 | −0.153% | $915K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0122% | 8h | 0.6960 | +0.017% | $6K | — | 5x | as long as short |
| Binance ETHFIUSDT | 0.0000% | 4h | 0.6956 | −0.049% | $24.3M | $35.9M | 75x | as long as short |
| Extended ETHFI-USD | 0.0000% | 1h | 0.6955 | −0.059% | $95K | $505K | 10x | as long as short |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6955 | −0.057% | $15.8M | $4.1M | 125x | as long as short |
| Injective ETHFI/USDC PERPshort | +0.0033% | 1h | 0.7240 | +4.038% | $321 | $51K | 5.5x |
Deribit ETHFI_USDC-PERPETUAL
Bybit ETHFIUSDT
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6953 | −0.087% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6969 | +0.141% | $1.1M | $825K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6970 | +0.162% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6958 | −0.013% | $178K | $221K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6961 | +0.029% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6968 | +0.129% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6969 | +0.144% | $1.2M | $214K | 50x | as long as short |
| Bitget ETHFIUSDTlong | +0.0100% | 4h | 0.6959 | long leg | $6.1M | $4.7M | 75x | |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6959 | 0.000% | — | $10.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6970 | +0.165% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6975 | +0.230% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0240% | 4h | 0.6951 | −0.115% | $1.2M | $231K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.6990 | +0.445% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0866% | 1h | 0.6974 | +0.216% | $291K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD