W

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0463%/8h= +50.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.085%

Price spread now: Coinbase International against Injective−1.547%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Coinbase International

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Coinbase International is 1.547% cheaper against Injective than usual: you would sell low and buy high (spread −1.547% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$155 on $10k: about 11 days of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective W/USDC PERP	0.01209	0.0033	pay 0.0004% / 1h	19m 12s	$1K	$1K	12x
Short	Coinbase International W-PERP-INTX	0.01190	0.0496	get 0.0062% / 1h	19m 12s	$13K	$12K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Coinbase InternationalbpOrdersPrice spread, now −1.547%Rate

Funding earned: $97.16
Price spread: −1.547% → 0.000%: −$154.67
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$67.53
Costs to cover: 0.100%
Break-even: 11.9 days

Slippage unknown: Injective: no order-book sample; Coinbase International: 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 Injective no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Injective and Coinbase International: 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.

W on 17 exchanges

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
Deribit W_USDC-PERPETUAL	−0.0511%	1h	0.01182	−2.258%	$14K	$4K	10x	as long as short
Injective W/USDC PERPlong	+0.0033%	1h	0.01209	long leg	$1K	$1K	12x
Hyperliquid W	+0.0100%	1h	0.01183	−2.151%	$2.0M	$258K	5x	as long as short
Binance WUSDT	+0.0100%	4h	0.01182	−2.244%	$3.0M	$4.7M	50x	as long as short
Bybit WUSDT	+0.0100%	4h	0.01179	−2.465%	$4.1M	$1.5M	50x	as long as short
OKX W-USDT-SWAP	+0.0100%	4h	0.01180	−2.399%	$1.3M	$1.3M	20x	as long as short
Gate W_USDT	+0.0100%	4h	0.01181	−2.349%	$431K	$186K	75x	as long as short
MEXC W_USDT	+0.0100%	4h	0.01182	−2.258%	$12.3M	$1.3M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	0.01180	−2.399%	$387K	$180K	50x	as long as short
Bitget WUSDT	+0.0100%	4h	0.01184	−2.068%	$1.3M	$539K	50x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX W-USDT	+0.0100%	4h	0.01181	−2.349%	—	$6.7M	—	as long as short
Variational Omni W	+0.0100%	4h	0.01181	−2.328%	$69K	$22K	—	as long as short
GRVT W_USDT_Perp	+0.0100%	4h	0.01184	−2.068%	$128K	$375K	10x	as long as short
Extended W-USD	+0.0104%	1h	0.01181	−2.320%	$59K	$390K	5x	as long as short
Coinbase International W-PERP-INTXshort	+0.0496%	1h	0.01190	−1.547%	$13K	$12K	50x
Backpack W_USDC_PERP	+0.0836%	1h	0.01183	−2.184%	$43K	$51K	15x	as long as short
Kraken Futures PF_WUSD	+0.1121%	1h	0.01184	−2.106%	$147K	$46K	20x	as long as short