Funding you earn now, next payment 03:00 UTC−0.0712%/8h= −77.9% APRnext payment −$0.89 per $10,000 · paid last 24h +0.057%
Price spread now: tradeXYZ against Injective−9.088%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and tradeXYZ is 9.088% cheaper against Injective than usual: you would sell low and buy high (−$909 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BX/USDC PERP | 138.75 | 0.0220 | pay 0.0028% / 1h | 24m 46s | $4K | $32K | 12x |
| Short | tradeXYZ xyz:BX | 126.14 | −0.0492 | pay 0.0061% / 1h | 24m 46s | $664K | $212K | 10x |
Injective BX/USDC PERP
tradeXYZ xyz:BXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$149.44
- Price spread: −9.088% → 0.000%
- −$908.83
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$1,076.29
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago | 3.17 bp | 29.5 bp −$29 | 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.
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BXshort | −0.0492% | 1h | 126.14 | −9.088% | $664K | $212K | 10x | |
| Aster BXUSDT | 0.0000% | 8h | 126.17 | −9.065% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.28 | −8.987% | $485K | $834K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.35 | −8.937% | $164K | $114K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 127.05 | −8.432% | $1.1M | $1.4M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.35 | −8.937% | $424K | $27K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.42 | −8.886% | $898K | $36K | 20x | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.26 | −9.003% | $364 | $113K | 10x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.21 | −9.038% | $820 | $313K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.31 | −8.966% | $7K | $3K | 20x | as long as short |
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
Bitget BXUSDT
GRVT BX_USDT_Perp
SunX BX-USDT
HTX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BX/USDC PERPlong | +0.0220% | 1h | 138.75 | long leg | $4K | $32K | 12x | |
| KuCoin BXUSDTM | +0.0429% | 8h | 126.04 | −9.160% | $114K | $994K | 20x | as long as short |
| Variational Omni BX | +0.0761% | 8h | 126.21 | −9.038% | $43K | $12K | — | as long as short |
| Binance BXUSDT | +0.1025% | 8h | 126.25 | −9.005% | $782K | $486K | 20x | as long as short |
KuCoin BXUSDTM
Variational Omni BX
Binance BXUSDT