Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−4.003%77s7-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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.003% cheaper against Binance than usual: you would sell low and buy high (−$400 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 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 | Binance DEXEUSDT | 1.9376 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $7.0M | $8.5M | 20x |
| Short | Injective DEXE/USDC PERP | 1.8600 | 0.0033 | get 0.0004% / 1h | 21m 59s | — | $3K | 5.5x |
Binance DEXEUSDT
Injective DEXE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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: −4.003% → 0.000%
- −$400.34
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$424.36
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: 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 Binance live order book, 2 min ago | 2.58 bp | 13.9 bp −$14 | 85.2 bp −$852 | 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.
DEXE on 12 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_DEXEUSD | −0.0102% | 1h | 1.9378 | +0.014% | $41K | $66K | 20x | as long as short |
| Injective DEXE/USDC PERPshort | +0.0033% | 1h | 1.8600 | −4.003% | — | $3K | 5.5x | |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9396 | +0.102% | $172K | $36K | 5x | as long as short |
| Binance DEXEUSDTlong | +0.0100% | 4h | 1.9376 | long leg | $7.0M | $8.5M | 20x | |
| Bybit DEXEUSDT | +0.0100% | 4h | 1.9390 | +0.074% | $2.4M | $899K | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9380 | +0.022% | $491K | $770K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9370 | −0.029% | $1.8M | $209K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9380 | +0.022% | $3.2M | $505K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9380 | +0.022% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9424 | +0.251% | $35K | $2K | — | as long as short |
Kraken Futures PF_DEXEUSD
Aster DEXEUSDT
Bybit DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXEShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9370 | −0.029% | $8K | — | 10x | as long as short |
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9410 | +0.177% | $394K | $30K | 20x | as long as short |
Orderly PERP_DEXE_USDC_mythos
BloFin DEXE-USDT