Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.104%
Price spread now: Injective against MEXC+2.766%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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 2.766% dearer against MEXC than usual: you sell high and buy low (spread +2.766% now, against zero (this spread has no 7-day history yet)): +$277 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALT_USDT | 0.007484 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $363K | $169K | 50x |
| Short | Injective ALT/USDC PERP | 0.007691 | 0.0033 | get 0.0004% / 1h | 27m 06s | $837 | $22 | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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: +2.766% → 0.000%
- $276.59
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $258.57
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 53 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 MEXC live order book, 53 min ago | 2.00 bp | 9.9 bp −$10 | 45.9 bp −$459 | 250.7 bp −$25.1K | 452.0 bp −$226.0K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007482 | −0.027% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007691 | +2.766% | $837 | $22 | 5.5x | |
| BloFin ALT-USDT | +0.0094% | 4h | 0.007474 | −0.134% | $168K | $8K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007479 | −0.067% | $1.1M | $132K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007482 | −0.027% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007473 | −0.147% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007480 | −0.053% | $50K | $378K | 25x | as long as short |
| MEXC ALT_USDTlong | +0.0100% | 4h | 0.007484 | long leg | $363K | $169K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007485 | +0.013% | $144K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007474 | −0.134% | $597K | $147K | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007480 | −0.053% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007469 | −0.204% | $4K | $14K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0383% | 1h | 0.007483 | −0.013% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0576% | 1h | 0.007524 | +0.534% | $13K | $2K | 50x | as long as short |
MEXC ALT_USDT
Injective ALT/USDC PERP
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX