Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.018%
Price spread now: Gate against Injective−1.650%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−0.016%−$2 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. Gate is 1.650% cheaper against Injective than usual: you would sell low and buy high (spread −1.650% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$165 on $10k: about 3 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PI/USDC PERP | 0.09090 | 0.0033 | pay 0.0004% / 1h | 56m 38s | $1 | $75K | 5.5x |
| Short | Gate PI_USDT | 0.08940 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2.6M | $2.5M | 50x |
Injective PI/USDC PERP
Gate PI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −1.650% → 0.000%
- −$165.02
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$166.04
- Costs to cover
- 0.150%
- Break-even
- 90.0 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 5.58 bp | 34.6 bp −$35 | 143.2 bp −$1,432 | 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.
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERPlong | +0.0033% | 1h | 0.09090 | long leg | $1 | $75K | 5.5x | |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.08936 | −1.694% | $2.6M | $7.9M | 20x | as long as short |
| Gate PI_USDTshort | +0.0100% | 4h | 0.08940 | −1.650% | $2.6M | $2.5M | 50x | |
| MEXC PI_USDT | +0.0100% | 4h | 0.08941 | −1.639% | $9.9M | $1.6M | 125x | as long as short |
| Bitget PIUSDT | +0.0100% | 4h | 0.08940 | −1.650% | $4.9M | $2.4M | 50x | as long as short |
| BingX PI-USDT | +0.0100% | 4h | 0.08946 | −1.584% | — | $6.6M | — | as long as short |
OKX PI-USDT-SWAP
MEXC PI_USDT
Bitget PIUSDT
BingX PI-USDT