Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: BingX against Injective−1.519%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.268%−$127 on $10k
+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. BingX is 1.519% cheaper against Injective than usual: you would sell low and buy high (spread −1.519% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$152 on $10k: about 3 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.268%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 10m 50s | $321 | $51K | 5.5x |
| Short | BingX ETHFI-USDC | 0.7130 | 0.0100 | get 0.0050% / 4h | 1h 10m | — | $1.2M | — |
Injective ETHFI/USDC PERP
BingX ETHFI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −1.519% → 0.000%
- −$151.93
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$147.95
- Costs to cover
- 0.100%
- Break-even
- 81.0 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago | 2.10 bp | 30.8 bp −$31 | 102.9 bp −$1,029 | 608.6 bp −$60.9K | 793.1 bp −$396.5K |
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 | −0.0592% | 1h | 0.7120 | −1.657% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0207% | 4h | 0.7117 | −1.699% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0085% | 4h | 0.7101 | −1.920% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x | |
| Paradex ETHFI-USD-PERP | +0.0078% | 8h | 0.7107 | −1.832% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7128 | −1.551% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7128 | −1.541% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7122 | −1.628% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7128 | −1.551% | $24.8M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7130 | −1.519% | $17.8M | $12.6M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7132 | −1.492% | $5.1M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7132 | −1.492% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7125 | −1.588% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7128 | −1.547% | $1.2M | $252K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7128 | −1.547% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.7130 | −1.519% | — | $1.2M | — | |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7112 | −1.766% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7121 | −1.644% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7125 | −1.595% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7120 | −1.657% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0307% | 1h | 0.7120 | −1.653% | $264K | $213K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7117 | −1.699% | $1.3M | $249K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0429% | 1h | 0.7135 | −1.453% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7169 | −0.981% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX