Funding arb · Price arb /

EGLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0214%/8h= +23.4% APRpaid last 24h +0.011%

Price spread now: BingX against Injective+18.798%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on BingX

What this pair did over the last

the charts below follow

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 +$6 a day on $10k at the current rate, and BingX is 18.798% dearer against Injective than usual: you sell high and buy low: +$1,880 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 EGLD/USDC PERP	3.6600	0.0033	pay 0.0004% / 1h	22m 22s	$16	$46K	5.5x
Short	BingX EGLD-USDT	4.3480	0.0247	get 0.0247% / 8h	4h 22m	—	$2.9M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BingXbpOrdersPrice spread, now +18.798%Rate

Funding earned: $44.87
Price spread: +18.798% → 0.000%: $1,879.78
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: $1,914.63
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; BingX: live order book, 12 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, 12 min ago	4.62 bp	27.3 bp −$27	55.5 bp −$555	252.0 bp −$25.2K	835.5 bp −$417.8K

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.

EGLD 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_EGLDUSD	+0.0020%	1h	4.3568	+19.039%	$434K	$691K	20x	as long as short
Injective EGLD/USDC PERPlong	+0.0033%	1h	3.6600	long leg	$16	$46K	5.5x
Binance EGLDUSDT	+0.0100%	8h	4.3410	+18.607%	$4.7M	$26.7M	75x	as long as short
Bybit EGLDUSDT	+0.0100%	8h	4.3410	+18.607%	$2.6M	$8.6M	75x	as long as short
Gate EGLD_USDT	+0.0100%	8h	4.3550	+18.989%	$449K	$695K	30x	as long as short
MEXC EGLD_USDT	+0.0100%	8h	4.3430	+18.661%	$3.9M	$3.5M	125x	as long as short
KuCoin EGLDUSDTM	+0.0100%	8h	4.3500	+18.852%	$2.7M	$1.3M	50x	as long as short
Bitget EGLDUSDT	+0.0100%	8h	4.3460	+18.743%	$2.2M	$4.2M	75x	as long as short
Variational Omni EGLD	+0.0100%	8h	4.3517	+18.899%	$17K	$54K	—	as long as short
BloFin EGLD-USDT	+0.0220%	8h	4.3570	+19.044%	$223K	$588K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX EGLD-USDTshort	+0.0247%	8h	4.3480	+18.798%	—	$2.9M	—
OKX EGLD-USDT-SWAP	+0.0252%	8h	4.3430	+18.661%	$617K	$4.9M	20x	as long as short