Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.046%
Price spread now: Injective against Gate+1.690%69s7-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 1.690% dearer against Gate than usual: you sell high and buy low (spread +1.690% now, against zero (this spread has no 7-day history yet)): +$169 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 69 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 | Gate AR_USDT | 4.4960 | 0.0100 | pay 0.0100% / 8h | 2h 26m | $2.5M | $2.3M | 50x |
| Short | Injective AR/USDC PERP | 4.5720 | 0.0033 | get 0.0004% / 1h | 26m 07s | $3K | $363 | 5.5x |
Gate AR_USDT
Injective AR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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: +1.690% → 0.000%
- $169.04
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $140.02
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 4.46 bp | 75.0 bp −$75 | 396.6 bp −$3,966 | 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.
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1993% | 1h | 4.5021 | +0.137% | $46K | $155K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.5023 | +0.140% | $578K | — | 50x | as long as short |
| Injective AR/USDC PERPshort | +0.0033% | 1h | 4.5720 | +1.690% | $3K | $363 | 5.5x | |
| Hyperliquid AR | +0.0100% | 1h | 4.5090 | +0.289% | $3.8M | $4.9M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4956 | −0.009% | $20K | $621K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.5040 | +0.178% | $8.8M | $56.1M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5010 | +0.111% | $4.7M | $8.9M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.4990 | +0.067% | $2.3M | $20.8M | 20x | as long as short |
| Gate AR_USDTlong | +0.0100% | 8h | 4.4960 | long leg | $2.5M | $2.3M | 50x | |
| MEXC AR_USDT | +0.0100% | 8h | 4.5030 | +0.156% | $6.9M | $4.8M | 100x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Hyperliquid AR
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
MEXC AR_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4980 | +0.044% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4980 | +0.044% | $3.8M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5000 | +0.089% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4743 | −0.483% | $137K | $173K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4770 | −0.423% | $57K | $746K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.5024 | +0.142% | $37K | $237K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.4820 | −0.311% | $420K | $669K | 20x | as long as short |
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT