Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.015%
Price spread now: BingX against Injective−1.837%102s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. BingX is 1.837% cheaper against Injective than usual: you would sell low and buy high (spread −1.837% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$184 on $10k: about 3 months of funding at the current rate (+$2 a day). 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 AR/USDC PERP | 4.5720 | 0.0033 | pay 0.0004% / 1h | 21m 41s | $3K | $363 | 5.5x |
| Short | BingX AR-USDT | 4.4880 | 0.0100 | get 0.0100% / 8h | 2h 21m | — | $2.9M | — |
Injective AR/USDC PERP
BingX AR-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: −1.837% → 0.000%
- −$183.73
- 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
- −$179.75
- Costs to cover
- 0.100%
- Break-even
- 96.9 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 8 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, 8 min ago | 6.69 bp | 19.6 bp −$20 | 41.6 bp −$416 | 336.8 bp −$33.7K | 760.3 bp −$380.1K |
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 | −0.1996% | 1h | 4.4954 | −1.676% | $46K | $155K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4966 | −1.648% | $578K | — | 50x | as long as short |
| Injective AR/USDC PERPlong | +0.0033% | 1h | 4.5720 | long leg | $3K | $363 | 5.5x | |
| Hyperliquid AR | +0.0100% | 1h | 4.4979 | −1.621% | $3.8M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4934 | −1.720% | $20K | $621K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.4860 | −1.881% | $8.8M | $56.1M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4850 | −1.903% | $4.7M | $8.9M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.4830 | −1.947% | $2.2M | $20.7M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4850 | −1.903% | $2.5M | $2.3M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4890 | −1.815% | $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
Gate AR_USDT
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 | 4.4880 | −1.837% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4820 | −1.969% | $3.8M | $5.6M | 75x | as long as short |
| BingX AR-USDTshort | +0.0100% | 8h | 4.4880 | −1.837% | — | $2.9M | — | |
| Variational Omni AR | +0.0100% | 8h | 4.4978 | −1.622% | $137K | $173K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4850 | −1.903% | $57K | $746K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.4865 | −1.871% | $37K | $237K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.4940 | −1.706% | $420K | $671K | 20x | as long as short |
KuCoin ARUSDTM
Bitget ARUSDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT