Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.052%
Price spread now: BingX against Injective+0.395%102s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.395% dearer against Injective than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 102 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 ALT/USDC PERP | 0.007604 | 0.0033 | pay 0.0004% / 1h | 33m 29s | $827 | $4K | 5.5x |
| Short | BingX ALT-USDT | 0.007634 | 0.0100 | get 0.0050% / 4h | 1h 33m | — | $1.3M | — |
Injective ALT/USDC PERP
BingX ALT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $14
- Price spread: +0.395% → 0.000%
- $39.45
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $43.43
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 12 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 BingX live order book, 12 min ago | 5.25 bp | 19.6 bp −$20 | 53.9 bp −$539 | 501.2 bp −$50.1K | 788.7 bp −$394.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007624 | +0.263% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007604 | long leg | $827 | $4K | 5.5x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007623 | +0.250% | $1.1M | $191K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007634 | +0.389% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007632 | +0.368% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007628 | +0.316% | $50K | $398K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007631 | +0.355% | $411K | $180K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007628 | +0.316% | $151K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007621 | +0.224% | $602K | $106K | 50x | as long as short |
| BingX ALT-USDTshort | +0.0100% | 4h | 0.007634 | +0.395% | — | $1.3M | — |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007623 | +0.243% | $4K | $15K | — | as long as short |
| BloFin ALT-USDT | +0.0129% | 4h | 0.007618 | +0.184% | $173K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0440% | 1h | 0.007644 | +0.526% | $14K | $3K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0445% | 1h | 0.007632 | +0.370% | $45K | $8K | 10x | as long as short |
Variational Omni ALT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX
Kraken Futures PF_ALTUSD