Spread before costs (cost unknown: a leg has no order-book sample)+11.602%
7d average—if it closes, per $10,000$1160funding while held, a day+$10.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective IO/USDC PERP | 0.1336 | −0.0256 | get 0.0032% / 1h | 37m 12s | $2K | $31K | 5.5x |
| Short | Binance IOUSDT | 0.1491 | 0.0100 | get 0.0050% / 4h | 1h 37m | $2.9M | $6.5M | 50x |
Injective IO/USDC PERP
Binance IOUSDTPrice 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
- $1,160.18
- Funding while held
- $10.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1,160.85
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Binance: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 3.35 bp | 24.8 bp −$25 | 105.7 bp −$1,057 | 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.
IO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1336cheapest
Bybit0.1489+11.452%
BybitMEXC0.1489+11.452%
MEXCKuCoin0.1489+11.452%
KuCoinGate0.1490+11.497%
GateAster0.1490+11.509%
AsterVariational Omni0.1490+11.532%
Variational OmniHyperliquid0.1491+11.572%
HyperliquidExtended0.1491+11.575%
ExtendedBinance0.1491+11.602%
Bitget0.1492+11.677%
BitgetBingX0.1492+11.677%
BingXBloFin0.1492+11.677%
BloFinKraken Futures0.1493+11.770%
Kraken FuturesIO on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERPlong | 0.000% | −0.0256% | 1h | $2K | $31K | 5.5x | |
| Bybit IOUSDT | +11.452% | +0.0100% | 4h | $1.1M | $931K | 25x | as long as short |
| MEXC IO_USDT | +11.452% | +0.0100% | 4h | $1.1M | $237K | 125x | as long as short |
| KuCoin IOUSDTM | +11.452% | +0.0100% | 4h | $416K | $656K | 50x | as long as short |
| Gate IO_USDT | +11.497% | +0.0100% | 4h | $218K | $554K | 50x | as long as short |
| Aster IOUSDT | +11.509% | +0.0100% | 4h | $6K | $32K | 5x | as long as short |
| Variational Omni IO | +11.532% | +0.0100% | 4h | $30K | $5K | — | as long as short |
| Hyperliquid IO | +11.572% | +0.0100% | 1h | $993K | $403K | 3x | as long as short |
| Extended IO-USD | +11.575% | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| Binance IOUSDTshort | +11.602% | +0.0100% | 4h | $2.9M | $6.5M | 50x |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget IOUSDT | +11.677% | +0.0100% | 4h | $1.4M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +11.677% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| BloFin IO-USDT | +11.677% | +0.0152% | 4h | $193K | $32K | 50x | as long as short |
| Kraken Futures PF_IOUSD | +11.770% | +0.0780% | 1h | $41K | $18K | 10x | as long as short |