Funding you earn now, next payment 07:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h −0.139%
Price spread now: Injective against Bybit−3.125%78s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Injective is 3.125% cheaper against Bybit than usual: you would sell low and buy high (spread −3.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$313 on $10k: about 23 months of funding at the current rate ($0 a day). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANETUSDT | 206.05 | 0.0018 | pay 0.0018% / 8h | 1h 43m | $78K | $213K | 25x |
| Short | Injective ANET/USDC PERP | 199.61 | 0.0033 | get 0.0004% / 1h | 43m 55s | $2K | $32K | 12x |
Bybit ANETUSDT
Injective ANET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- $3.23
- Price spread: −3.125% → 0.000%
- −$312.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$320.34
- Costs to cover
- 0.110%
- Break-even
- 702.0 days
Slippage unknown: Bybit: live order book, 46 min ago; 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 Bybit live order book, 46 min ago | 4.63 bp | 190.7 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
ANET on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ANETUSDT | 0.0000% | 8h | 206.06 | +0.005% | $129K | $410K | 20x | as long as short |
| Gate ANET_USDT | 0.0000% | 8h | 205.66 | −0.189% | $169K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 205.52 | −0.257% | $77K | $112K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 205.91 | −0.068% | $23K | $33K | 10x | as long as short |
| Bybit ANETUSDTlong | +0.0018% | 8h | 206.05 | long leg | $78K | $213K | 25x | |
| Injective ANET/USDC PERPshort | +0.0033% | 1h | 199.61 | −3.125% | $2K | $32K | 12x | |
| HTX ANET-USDT | +0.0100% | 8h | 206.20 | +0.073% | $3K | $40K | 20x | as long as short |
Binance ANETUSDT
Gate ANET_USDT
Bitget ANETUSDT
Phemex ANETUSDT
HTX ANET-USDT