Funding you earn now, next payment 05:00 UTC+0.0593%/8h= +64.9% APRnext payment +$0.74 per $10,000 · paid last 24h −0.033%
Price spread now: Injective against tradeXYZ+9.954%74s7-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
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Injective is 9.954% dearer against tradeXYZ than usual: you sell high and buy low: +$995 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 74 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 | tradeXYZ xyz:BX | 126.18 | −0.0373 | get 0.0047% / 1h | 38m 01s | $664K | $217K | 10x |
| Short | Injective BX/USDC PERP | 138.74 | 0.0220 | get 0.0028% / 1h | 38m 01s | $4K | $32K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against tradeXYZ. 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
- $124.53
- Price spread: +9.954% → 0.000%
- $995.4
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,101.91
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 48 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 tradeXYZ live order book, 48 min ago | 2.77 bp | doesn't fit | doesn't fit | 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.
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:BXlong | −0.0373% | 1h | 126.18 | long leg | $664K | $217K | 10x | |
| Aster BXUSDT | 0.0000% | 8h | 126.19 | +0.006% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.25 | +0.055% | $483K | $802K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.24 | +0.048% | $163K | $111K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.42 | +0.190% | $1.1M | $1.5M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.33 | +0.119% | $422K | $28K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.38 | +0.159% | $899K | $37K | 20x | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.25 | +0.057% | $1K | $110K | 10x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.25 | +0.055% | $631 | $315K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.29 | +0.087% | $7K | $3K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BXUSDTM | +0.0100% | 8h | 126.08 | −0.079% | $115K | $904K | 20x | as long as short |
| Variational Omni BX | +0.0196% | 8h | 126.17 | −0.010% | $43K | $12K | — | as long as short |
| Injective BX/USDC PERPshort | +0.0220% | 1h | 138.74 | +9.954% | $4K | $32K | 12x | |
| Binance BXUSDT | +0.0331% | 8h | 126.26 | +0.062% | $778K | $490K | 20x | as long as short |
tradeXYZ xyz:BX
Injective BX/USDC PERP
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
Gate BX_USDT
Bitget BXUSDT
GRVT BX_USDT_Perp
SunX BX-USDT
HTX BX-USDT
KuCoin BXUSDTM
Variational Omni BX
Binance BXUSDT