Funding you earn now, next payment 11:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.139%
Price spread now: Deribit against Injective−3.212%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 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 −$1 a day on $10k at the current rate, and Deribit is 3.212% cheaper against Injective than usual: you would sell low and buy high (−$321 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALT/USDC PERP | 0.007691 | 0.0033 | pay 0.0004% / 1h | 28m 51s | $837 | $22 | 5.5x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007444 | 0 | get 0.0000% / 1h | 28m 51s | — | $0 | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$7
- Price spread: −3.212% → 0.000%
- −$321.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$335.17
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
Injective and Deribit: 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 exchanges
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-PERPETUALshort | 0.0000% | 1h | 0.007444 | −3.212% | — | $0 | 25x | |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007691 | long leg | $837 | $22 | 5.5x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007438 | −3.290% | $1.1M | $123K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007442 | −3.242% | $2.6M | $3.3M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007436 | −3.316% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007438 | −3.290% | $49K | $368K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007443 | −3.225% | $370K | $168K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007451 | −3.121% | $145K | $18K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007428 | −3.420% | $592K | $145K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007435 | −3.329% | — | $1.3M | — | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007439 | −3.280% | $4K | $9K | — | as long as short |
| BloFin ALT-USDT | +0.0148% | 4h | 0.007451 | −3.121% | $170K | $6K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0336% | 1h | 0.007448 | −3.166% | $45K | $10K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0560% | 1h | 0.007580 | −1.443% | $14K | $2K | 50x | as long as short |
Injective ALT/USDC PERP
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 ALT
BloFin ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX