Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.014%
Price spread now: Injective against Bitget−1.376%91s7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.376% cheaper against Bitget than usual: you would sell low and buy high (−$138 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 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 | Bitget ALTUSDT | 0.007484 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $615K | $100K | 50x |
| Short | Injective ALT/USDC PERP | 0.007381 | 0.0033 | get 0.0004% / 1h | 25m 50s | $815 | $4K | 5.5x |
Bitget ALTUSDT
Injective ALT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$14
- Price spread: −1.376% → 0.000%
- −$137.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$163.65
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 59 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 Bitget live order book, 59 min ago | 7.34 bp | 37.4 bp −$37 | 217.1 bp −$2,171 | 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.
ALT 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALTUSDT | −0.0462% | 4h | 0.007499 | +0.200% | $1.2M | $1.6M | 25x | as long as short |
| Variational Omni ALT | −0.0425% | 4h | 0.007473 | −0.151% | $4K | $12K | — | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007501 | +0.227% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007381 | −1.376% | $815 | $4K | 5.5x | |
| BloFin ALT-USDT | +0.0063% | 4h | 0.007489 | +0.067% | $173K | $9K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007493 | +0.120% | $1.1M | $187K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007500 | +0.210% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007492 | +0.107% | $51K | $415K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007499 | +0.200% | $401K | $196K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007496 | +0.160% | $150K | $22K | 30x | as long as short |
Bybit ALTUSDT
Variational Omni ALT
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDTlong | +0.0100% | 4h | 0.007484 | long leg | $615K | $100K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007497 | +0.174% | — | $1.3M | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0200% | 1h | 0.007510 | +0.345% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0384% | 1h | 0.007512 | +0.374% | $14K | $2K | 50x | as long as short |
BingX ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX