Funding you earn now, next payment 03:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.040%
Price spread now: tradeXYZ against Injective+0.101%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.101% dearer against Injective than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 EURUSD/USDC PERP | 1.1466 | 0.0033 | pay 0.0004% / 1h | 0m 17s | $9K | $78K | 101x |
| Short | tradeXYZ xyz:EUR | 1.1478 | 0.0188 | get 0.0024% / 1h | 0m 17s | $23.3M | $1.8M | 50x |
Injective EURUSD/USDC PERP
tradeXYZ xyz:EURFunding 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
- $32.51
- Price spread: +0.101% → 0.000%
- $10.12
- 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
- $24.61
- Costs to cover
- 0.180%
- Break-even
- 1.7 days
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 9 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, 9 min ago | 0.87 bp | 12.1 bp −$12 | 14.7 bp −$147 | 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0176% | 4h | 1.1473 | +0.058% | $6.8M | $139K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.054% | $584K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1474 | +0.066% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | +0.049% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1470 | +0.031% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1477 | +0.092% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1479 | +0.110% | $13K | $260K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0007% | 1h | 1.1473 | +0.054% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1470 | +0.031% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERPlong | +0.0033% | 1h | 1.1466 | long leg | $9K | $78K | 101x |
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Nado EURUSD-PERP
Extended EUR-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1501 | +0.304% | — | $264K | 100x | as long as short |
| Hibachi EUR/USDT-P | +0.0056% | 1h | 1.1470 | +0.028% | $158K | $8.2M | 30x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1472 | +0.049% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1478 | +0.097% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSD | +0.0119% | 1h | 1.1468 | +0.018% | $3K | — | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0144% | 1h | 1.1477 | +0.092% | $33K | — | 50x | as long as short |
| Lighter EURUSD | +0.0152% | 1h | 1.1482 | +0.134% | $2.1M | $444K | 50x | as long as short |
| tradeXYZ xyz:EURshort | +0.0188% | 1h | 1.1478 | +0.101% | $23.3M | $1.8M | 50x |
Vest EUR-USD-PERP
Hibachi EUR/USDT-P
Pacifica EURUSD
Aevo EURUSD-PERP
Kraken Futures PF_EURUSD
Hotstuff EURUSD-PERP
Lighter EURUSD