H

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+9.331%

7d average—if it closes, per $10,000$933funding while held, a day+$2.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective H/USDC PERP	0.06250	0.0033	pay 0.0004% / 1h	37m 51s	$1K	$1	5.5x
Short	Bybit HUSDT	0.06833	0.0100	get 0.0050% / 4h	1h 37m	$7.5M	$3.9M	13x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee BybitbpOrdersClose when spread is

Spread captured: $933.12
Funding while held: $2
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: $924.1
Spread needed to break even: 0.110%

Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0067%
Per $10,000 a day: +$2.00
Average in range /8h: —

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, 2 min ago	2.19 bp	29.6 bp −$30	162.4 bp −$1,624	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.

H price on every exchange

against the cheapest. Click to use as the short leg.

Injective0.06250cheapest

Variational Omni0.06831+9.293%

Bybit0.06833+9.331%

Gate0.06835+9.360%

KuCoin0.06840+9.440%

BingX0.06844+9.504%

Aster0.06845+9.526%

Extended0.06847+9.549%

OKX0.06847+9.552%

MEXC0.06847+9.552%

Bitget0.06848+9.568%

Binance0.06849+9.580%

BloFin0.06854+9.664%

H on 13 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective H/USDC PERPlong	0.000%	+0.0033%	1h	$1K	$1	5.5x
Variational Omni H	+9.293%	+0.0100%	4h	$8K	$12K	—	as long as short
Bybit HUSDTshort	+9.331%	+0.0100%	4h	$7.5M	$3.9M	13x
Gate H_USDT	+9.360%	+0.0100%	4h	$2.8M	$1.8M	10x	as long as short
KuCoin HUSDTM	+9.440%	+0.0100%	4h	$1.6M	$9.9M	8x	as long as short
BingX H-USDT	+9.504%	+0.0100%	4h	—	$2.6M	—	as long as short
Aster HUSDT	+9.526%	+0.0100%	4h	$118K	$40K	5x	as long as short
Extended H-USD	+9.549%	+0.0104%	1h	$11K	$107K	5x	as long as short
OKX H-USDT-SWAP	+9.552%	+0.0100%	4h	$1.7M	$5.2M	10x	as long as short
MEXC H_USDT	+9.552%	+0.0100%	4h	$6.4M	$970K	20x	as long as short

Show all 13 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget HUSDT	+9.568%	+0.0100%	4h	$1.7M	$423K	4x	as long as short
Binance HUSDT	+9.580%	+0.0100%	4h	$14.8M	$9.7M	10x	as long as short
BloFin H-USDT	+9.664%	+0.0078%	4h	$595K	$110K	25x	as long as short