Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.044%
Price spread now: Injective against Deribit+4.273%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$1 a day on $10k at the current rate, and Injective is 4.273% dearer against Deribit than usual: you sell high and buy low: +$427 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 | Deribit S_USDC-PERPETUAL | 0.03932 | 0.0004 | pay 0.0001% / 1h | 42m 52s | $66K | $10K | 10x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 42m 52s | $2K | $37K | 12x |
Deribit S_USDC-PERPETUAL
Injective S/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- $6.08
- Price spread: +4.273% → 0.000%
- $427.26
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $426.32
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Injective: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Deribit and 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.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.6824% | 1h | 0.03850 | −2.085% | $23K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2125% | 1h | 0.03925 | −0.176% | $33K | $25K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1336% | 1h | 0.03826 | −2.696% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0937% | 4h | 0.03931 | −0.038% | $611K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0201% / S +0.0193% | 1h | 0.03930 | −0.058% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03926 | −0.159% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03930 | −0.042% | $606 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUALlong | +0.0004% | 1h | 0.03932 | long leg | $66K | $10K | 10x | |
| Orderly PERP_S_USDC | +0.0033% | 4h | 0.03927 | −0.127% | $100K | $341K | 10x | as long as short |
| Injective S/USDC PERPshort | +0.0033% | 1h | 0.04100 | +4.273% | $2K | $37K | 12x |
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Orderly PERP_S_USDCShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.03931 | −0.025% | $165K | $217K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03927 | −0.114% | $984K | $701K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03932 | +0.008% | $43K | $145K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03925 | −0.178% | $5.4M | $17.5M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03919 | −0.331% | $5.6M | $5.3M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03926 | −0.153% | $982K | $5.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03926 | −0.153% | $320K | $259K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03925 | −0.178% | $3.6M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03926 | −0.153% | $1.8M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03930 | −0.051% | $1.2M | $2.5M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03925 | −0.178% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | −0.051% | $25K | $453K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03925 | −0.190% | $221K | $877K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03928 | −0.102% | $266K | $126K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0514% | 1h | 0.03940 | +0.203% | $115K | $311K | 5x | as long as short |
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP