Funding you earn now, next payment 01:00 UTC−0.4568%/8h= −500.2% APRnext payment −$5.71 per $10,000 · paid last 24h +0.104%
Price spread now: Coinbase International against Injective+0.526%56s7-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
The price spread pays, funding is against you. Coinbase International is 0.526% dearer against Injective than usual: you sell high and buy low (spread +0.526% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$137 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 56 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 | 0.5000 | pay 0.0625% / 1h | 21m 23s | $827 | $4K | 5.5x |
| Short | Coinbase International ALT-PERP-INTX | 0.007644 | 0.0432 | get 0.0054% / 1h | 21m 23s | $14K | $3K | 50x |
Injective ALT/USDC PERP
Coinbase International ALT-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$959.28
- Price spread: +0.526% → 0.000%
- $52.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$916.7
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Injective and Coinbase International: 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 13 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 | 0.007641 | +0.487% | — | $0 | 25x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007622 | +0.237% | $1.1M | $193K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007626 | +0.289% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007622 | +0.237% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007623 | +0.250% | $50K | $407K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007627 | +0.302% | $411K | $186K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007631 | +0.355% | $151K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007623 | +0.250% | $602K | $114K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007623 | +0.250% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007620 | +0.207% | $4K | $15K | — | as long as short |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | +0.0206% | 1h | 0.007641 | +0.482% | $45K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTXshort | +0.0432% | 1h | 0.007644 | +0.526% | $14K | $3K | 50x | |
| Injective ALT/USDC PERPlong | +0.5000% | 1h | 0.007604 | long leg | $827 | $4K | 5.5x |
Kraken Futures PF_ALTUSD