Funding you earn now, next payment 02:00 UTC−0.0302%/8h= −33.1% APRnext payment −$0.38 per $10,000 · paid last 24h −0.034%
Price spread now: Injective against tradeXYZ+1.400%7-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
=The price spread pays, funding is against you. Injective is 1.400% dearer against tradeXYZ than usual: you sell high and buy low (spread +1.400% now, against zero (this spread has no 7-day history yet)): +$140 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NOW | 137.87 | 0.0335 | pay 0.0042% / 1h | 13m 20s | $2.1M | $229K | 10x |
| Short | Injective NOW/USDC PERP | 139.80 | 0.0033 | get 0.0004% / 1h | 13m 20s | $3K | $101 | 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
- −$63.39
- Price spread: +1.400% → 0.000%
- $139.99
- 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
- $58.58
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 4 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, 4 min ago | 3.26 bp | 27.4 bp −$27 | 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.
NOW on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | 0.0000% | 8h | 138.81 | +0.685% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.94 | +0.051% | $488K | $227K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.79 | −0.058% | $1.1M | $1.9M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 138.00 | +0.094% | $245K | $372K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.96 | +0.065% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 138.05 | +0.131% | $947 | $401K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.04 | +0.123% | $5K | $29K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.91 | +0.029% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERPshort | +0.0033% | 1h | 139.80 | +1.400% | $3K | $101 | 12x | |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.81 | −0.044% | — | — | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.84 | −0.022% | $316K | $658K | 20x | as long as short |
| Binance NOWUSDT | +0.0146% | 8h | 138.02 | +0.112% | $1.8M | $1.5M | 20x | as long as short |
| Bybit NOWUSDT | +0.0169% | 8h | 138.01 | +0.102% | $1.6M | $5.1M | 25x | as long as short |
| tradeXYZ xyz:NOWlong | +0.0335% | 1h | 137.87 | long leg | $2.1M | $229K | 10x | |
| GRVT NOW_USDT_Perp | +0.0566% | 8h | 138.02 | +0.105% | $305 | $152K | 10x | as long as short |
tradeXYZ xyz:NOW
Injective NOW/USDC PERP
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
KuCoin NOWUSDTM
Binance NOWUSDT
Bybit NOWUSDT
GRVT NOW_USDT_Perp