Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.941%
Price spread now: Bybit against Injective+1.653%108s7-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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 1.653% dearer against Injective than usual: you sell high and buy low: +$165 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 108 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 CC/USDC PERP | 0.1180 | 0.0033 | pay 0.0004% / 1h | 15m 32s | $402 | $3K | 5.5x |
| Short | Bybit CCUSDT | 0.1200 | 0.0100 | get 0.0050% / 4h | 3h 15m | $11.1M | $3.7M | 25x |
Injective CC/USDC PERP
Bybit CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +1.653% → 0.000%
- $165.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $168.23
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 1.25 bp | 27.7 bp −$28 | 297.9 bp −$2,979 | doesn't fit | doesn't fit |
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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERPlong | +0.0033% | 1h | 0.1180 | long leg | $402 | $3K | 5.5x | |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1200 | +1.672% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1200 | +1.679% | $35K | $27K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1199 | +1.621% | $11.3M | $11.9M | 75x | as long as short |
| Bybit CCUSDTshort | +0.0100% | 4h | 0.1200 | +1.653% | $11.1M | $3.7M | 25x | |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1201 | +1.780% | $2.6M | $2.9M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1198 | +1.542% | $368K | $170K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1199 | +1.619% | $1.9M | $364K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1200 | +1.661% | $495K | $99K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1199 | +1.619% | $935K | $718K | 20x | as long as short |
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1200 | +1.669% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1199 | +1.602% | $16K | $19K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1199 | +1.612% | $611K | $45K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1199 | +1.600% | $87K | $3.1M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1190 | +0.853% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1198 | +1.559% | $608K | $100K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0453% / S −0.0241% | 1h | 0.1200 | +1.653% | $45K | — | 50x | as long as short |
| Hyperliquid CC | +0.0613% | 1h | 0.1202 | +1.873% | $5.7M | $1.3M | 3x | as long as short |
| Lighter CC | +0.1144% | 1h | 0.1204 | +2.068% | $257K | $169K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC