Spread before costs (cost unknown: a leg has no order-book sample)+0.067%
7d average—if it closes, per $10,000$7funding while held, a day−$10.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOUSDT | 0.1492 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.4M | $1.2M | 50x |
| Short | Injective IO/USDC PERP | 0.1493 | −0.0256 | pay 0.0032% / 1h | 8m 19s | $2K | $31K | 5.5x |
Bitget IOUSDT
Injective IO/USDC PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.7
- Funding while held
- −$10.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$16.01
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0356%
- Per $10,000 a day
- −$10.69
- 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 Bitget live order book, 5 min ago | 6.72 bp | 36.0 bp −$36 | 172.4 bp −$1,724 | 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.
IO price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
BingX
Bybit
MEXC
KuCoin
BloFin
Aster
Gate
Extended
Hyperliquid
Binance
Kraken FuturesIO on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni IO | −0.399% | +0.0100% | 4h | $30K | $5K | — | as long as short |
| BingX IO-USDT | −0.134% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Bybit IOUSDT | −0.107% | +0.0100% | 4h | $1.1M | $933K | 25x | as long as short |
| MEXC IO_USDT | −0.067% | +0.0100% | 4h | $1.1M | $240K | 125x | as long as short |
| KuCoin IOUSDTM | −0.067% | +0.0100% | 4h | $416K | $640K | 50x | as long as short |
| BloFin IO-USDT | −0.067% | +0.0121% | 4h | $194K | $32K | 50x | as long as short |
| Aster IOUSDT | −0.024% | +0.0100% | 4h | $6K | $32K | 5x | as long as short |
| Gate IO_USDT | −0.020% | +0.0100% | 4h | $218K | $555K | 50x | as long as short |
| Extended IO-USD | −0.005% | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| Hyperliquid IO | 0.000% | +0.0100% | 1h | $994K | $403K | 3x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget IOUSDTlong | 0.000% | +0.0100% | 4h | $1.4M | $1.2M | 50x | |
| Binance IOUSDT | +0.003% | +0.0100% | 4h | $2.9M | $6.4M | 50x | as long as short |
| Kraken Futures PF_IOUSD | +0.047% | +0.0780% | 1h | $41K | $18K | 10x | as long as short |
| Injective IO/USDC PERPshort | +0.067% | −0.0256% | 1h | $2K | $31K | 5.5x |