Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: Gate against Injective−3.785%84s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.249%−$125 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. Gate is 3.785% cheaper against Injective than usual: you would sell low and buy high (spread −3.785% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$378 on $10k: about 6 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.249%, so the current rate has only just turned in your favour. The two prices were read 84 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 ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 1m 42s | $321 | $51K | 5.5x |
| Short | Gate ETHFI_USDT | 0.6966 | 0.0100 | get 0.0050% / 4h | 3h 01m | $1.7M | $2.0M | 75x |
Injective ETHFI/USDC PERP
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −3.785% → 0.000%
- −$378.45
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$379.47
- Costs to cover
- 0.150%
- Break-even
- 196.7 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.59 bp | 28.2 bp −$28 | 178.5 bp −$1,785 | doesn't fit | doesn't fit |
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 | −0.0612% | 1h | 0.6956 | −3.923% | $40K | $10K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0314% | 4h | 0.6949 | −4.019% | $81K | $182K | 20x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0308% | 1h | 0.6959 | −3.878% | $257K | $215K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0252% | 4h | 0.6954 | −3.950% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0169% | 4h | 0.6963 | −3.826% | $17.4M | $12.7M | 25x | as long as short |
| Variational Omni ETHFI | −0.0040% | 4h | 0.6993 | −3.408% | $976K | $701K | — | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.6951 | −3.989% | $99K | $496K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0018% | 4h | 0.6958 | −3.895% | $15.7M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0019% | 4h | 0.6958 | −3.892% | $24.1M | $35.0M | 75x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Variational Omni ETHFI
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0044% | 8h | 0.6959 | −3.881% | $6K | — | 5x | as long as short |
| Aster ETHFIUSDT | +0.0082% | 4h | 0.6968 | −3.754% | $178K | $249K | 10x | as long as short |
| BloFin ETHFI-USDT | +0.0086% | 4h | 0.6970 | −3.729% | $1.2M | $240K | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.6951 | −3.998% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6964 | −3.808% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6962 | −3.838% | $17.1M | $8.2M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6967 | −3.771% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.6966 | −3.785% | $1.7M | $2.0M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6959 | −3.881% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6960 | −3.867% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6962 | −3.840% | — | $8.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6960 | −3.873% | $64K | $125K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6963 | −3.826% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | −2.569% | $31K | $6K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Aster ETHFIUSDT
BloFin ETHFI-USDT
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX