COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0490%/8h= +53.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.173%

Price spread now: tradeXYZ against Injective−0.056%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.968%+$97 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.056% cheaper against Injective than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective COIN/USDC PERP	195.85	−0.0440	get 0.0055% / 1h	30m 51s	$43K	$48K	30x
Short	tradeXYZ xyz:COIN	195.74	0.0050	get 0.0006% / 1h	30m 51s	$15.1M	$13.0M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee tradeXYZbpOrdersPrice spread, now −0.056%Rate

Funding earned: $102.9
Price spread: −0.056% → 0.000%: −$5.62
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: $79.26
Costs to cover: 0.180%
Break-even: 1.6 days

Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 8 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, 8 min ago	0.76 bp	11.8 bp −$12	15.1 bp −$151	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
Injective COIN/USDC PERPlong	−0.0440%	1h	195.85	long leg	$43K	$48K	30x
Bitget COINUSDT	−0.0342%	8h	196.08	+0.117%	$6.4M	$10.6M	20x	as long as short
Vest COIN-USD-PERP	−0.0043%	1h	195.47	−0.194%	—	$326K	25x	as long as short
Aster COINUSDT	0.0000%	8h	195.77	−0.041%	$342K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	195.87	+0.009%	$106K	$861K	10x	as long as short
Binance COINUSDT	0.0000%	8h	195.91	+0.031%	$15.0M	$82.2M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.86	+0.005%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.87	+0.010%	$3.0M	$4.7M	20x	as long as short
Gate COIN_USDT	0.0000%	8h	195.95	+0.051%	$1.2M	$7.4M	50x	as long as short
Variational Omni COIN	0.0000%	8h	195.92	+0.038%	$712K	$974K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.86	+0.003%	$22K	$2.8M	10x	as long as short
Lighter COIN	+0.0032%	1h	195.82	−0.013%	$362K	$2.3M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	195.81	−0.020%	$463K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	196.11	+0.133%	$17K	$58K	5x	as long as short
tradeXYZ xyz:COINshort	+0.0050%	1h	195.74	−0.056%	$15.1M	$13.0M	10x
Polymarket Perps COIN-USD	+0.0050%	1h	195.82	−0.015%	$134K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.89	+0.020%	$100	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.76	−0.046%	$445K	$2.8M	10x	as long as short
QFEX COIN-USD	+0.0065%	1h	195.93	+0.041%	$1.3M	$2.9M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.80	−0.026%	$986K	$137K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.77	−0.041%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.92	+0.036%	$567	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.88	+0.016%	$116	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	195.96	+0.056%	$187K	$436K	20x	as long as short
edgeX COINUSDC	+0.0120%	4h	195.93	+0.041%	$50K	$296K	10x	as long as short
Phoenix COIN	+0.0163%	1h	195.80	−0.026%	$4K	$283K	10x	as long as short