Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bitget against Injective+11.282%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$2 a day on $10k at the current rate, and Bitget is 11.282% dearer against Injective than usual: you sell high and buy low: +$1,128 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MEW/USDC PERP | 0.0004219 | 0.0033 | pay 0.0004% / 1h | 24m 35s | $46 | $14K | 5.5x |
| Short | Bitget MEWUSDT | 0.0004695 | 0.0100 | get 0.0050% / 4h | 24m 35s | $490K | $373K | 50x |
Injective MEW/USDC PERP
Bitget MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +11.282% → 0.000%
- $1,128.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1,130.21
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 26 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 Bitget live order book, 26 min ago | 6.50 bp | 19.8 bp −$20 | 69.1 bp −$691 | 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.
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004690 | +11.164% | — | — | 100x | as long as short |
| Injective MEW/USDC PERPlong | +0.0033% | 1h | 0.0004219 | long leg | $46 | $14K | 5.5x | |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004696 | +11.297% | $1.2M | $3.0M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004689 | +11.140% | $1.4M | $1.3M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004691 | +11.187% | $530K | $794K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004692 | +11.211% | $137K | $121K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004694 | +11.259% | $388K | $175K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004694 | +11.259% | $331K | $122K | 30x | as long as short |
| Bitget MEWUSDTshort | +0.0100% | 4h | 0.0004695 | +11.282% | $490K | $373K | 50x | |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004693 | +11.235% | — | $24.2M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004702 | +11.439% | $82K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0949% | 1h | 0.0004717 | +11.800% | $92K | $113K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD