Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.123%
Price spread now: Binance against Injective+2.720%97s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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. Binance is 2.720% dearer against Injective than usual: you sell high and buy low (spread +2.720% now, against zero (this spread has no 7-day history yet)): +$272 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9 months. The two prices were read 97 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 ANET/USDC PERP | 199.61 | 0.0033 | pay 0.0004% / 1h | 25m 48s | $2K | $32K | 12x |
| Short | Binance ANETUSDT | 205.04 | 0 | get 0.0000% / 8h | 2h 25m | $131K | $407K | 20x |
Injective ANET/USDC PERP
Binance ANETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$7
- Price spread: +2.720% → 0.000%
- $272.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $254.99
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago | 10.98 bp | 89.9 bp −$90 | doesn't fit | 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.
ANET on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ANETUSDTshort | 0.0000% | 8h | 205.04 | +2.720% | $131K | $407K | 20x | |
| Bybit ANETUSDT | 0.0000% | 8h | 205.15 | +2.775% | $78K | $213K | 25x | as long as short |
| Gate ANET_USDT | 0.0000% | 8h | 205.23 | +2.815% | $168K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 205.11 | +2.755% | $81K | $113K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 204.92 | +2.660% | $22K | $33K | 10x | as long as short |
| Injective ANET/USDC PERPlong | +0.0033% | 1h | 199.61 | long leg | $2K | $32K | 12x | |
| HTX ANET-USDT | +0.0100% | 8h | 205.46 | +2.931% | $3K | $40K | 20x | as long as short |
Bybit ANETUSDT
Gate ANET_USDT
Bitget ANETUSDT
Phemex ANETUSDT
HTX ANET-USDT