Funding you earn now, next payment 06:00 UTC+0.0358%/8h= +39.2% APRpaid last 24h +0.197%
Price spread now: Gate against Injective−0.031%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.979%+$98 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 0.031% cheaper against Injective than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). The two prices were read 99 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 COIN/USDC PERP | 196.49 | −0.0440 | get 0.0055% / 1h | 3m 30s | $43K | $48K | 30x |
| Short | Gate COIN_USDT | 196.43 | −0.0082 | pay 0.0082% / 8h | 2h 03m | $1.2M | $7.4M | 50x |
Injective COIN/USDC PERP
Gate COIN_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
- $75.18
- Price spread: −0.031% → 0.000%
- −$3.05
- 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
- $57.11
- Costs to cover
- 0.150%
- Break-even
- 1.7 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 5 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, 5 min ago | 3.31 bp | 21.3 bp −$21 | 170.5 bp −$1,705 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0715% | 8h | 196.52 | +0.015% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERPlong | −0.0440% | 1h | 196.49 | long leg | $43K | $48K | 30x | |
| Vest COIN-USD-PERP | −0.0107% | 1h | 195.87 | −0.316% | — | $289K | 25x | as long as short |
| Gate COIN_USDTshort | −0.0082% | 8h | 196.43 | −0.031% | $1.2M | $7.4M | 50x | |
| Aster COINUSDT | 0.0000% | 8h | 196.25 | −0.123% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.33 | −0.083% | $112K | $849K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.37 | −0.059% | $15.1M | $82.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.33 | −0.081% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.35 | −0.071% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.58 | +0.046% | $712K | $962K | — | as long as short |
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.59 | +0.051% | $13K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.25 | −0.122% | $458K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.33 | −0.081% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.52 | +0.015% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.34 | −0.076% | $15.3M | $13.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.26 | −0.117% | $128K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.34 | −0.076% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.27 | −0.112% | $451K | $2.9M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 196.38 | −0.056% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.07 | −0.214% | $988K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.29 | −0.102% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.42 | −0.036% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.40 | −0.046% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 196.28 | −0.106% | $379K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.50 | +0.005% | $185K | $422K | 20x | as long as short |
| edgeX COINUSDC | +0.0458% | 4h | 196.53 | +0.019% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
edgeX COINUSDC