Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: BingX against Injective−3.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.268%−$127 on $10k
+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 3.039% cheaper against Injective than usual: you would sell low and buy high (spread −3.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$304 on $10k: about 5 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.268%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 43m 09s | $321 | $51K | 5.5x |
| Short | BingX ETHFI-USDC | 0.7020 | 0.0100 | get 0.0050% / 4h | 43m 09s | — | $1.2M | — |
Injective ETHFI/USDC PERP
BingX ETHFI-USDCFunding 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: −3.039% → 0.000%
- −$303.87
- 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
- −$299.89
- Costs to cover
- 0.100%
- Break-even
- 156.9 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 2 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, 2 min ago | 1.42 bp | 34.9 bp −$35 | 111.7 bp −$1,117 | 571.2 bp −$57.1K | 742.1 bp −$371.1K |
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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0604% | 1h | 0.7023 | −2.997% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0215% | 4h | 0.7023 | −2.997% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0172% | 4h | 0.7016 | −3.094% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x | |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7032 | −2.872% | $263K | $213K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0057% | 8h | 0.7035 | −2.833% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7031 | −2.888% | $1.1M | $878K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7022 | −3.006% | $17.4M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7032 | −2.873% | $180K | $261K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7019 | −3.048% | $24.4M | $35.5M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7023 | −2.997% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7026 | −2.956% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7026 | −2.956% | $1.7M | $1.9M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7020 | −3.039% | $15.6M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7029 | −2.914% | $1.2M | $244K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7024 | −2.983% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.7020 | −3.039% | — | $1.2M | — | |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7025 | −2.974% | $1.0M | $657K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7045 | −2.688% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7038 | −2.790% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7022 | −3.006% | $95K | $378K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7020 | −3.039% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7023 | −2.997% | $1.2M | $243K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7046 | −2.680% | $31K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX