Settings8H · net · $10k
Funding arb · Price arb /

ANET

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.123%
Price spread now: Binance against Injective+3.051%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Binance is 3.051% dearer against Injective than usual: you sell high and buy low (spread +3.051% now, against zero (this spread has no 7-day history yet)): +$305 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ANET/USDC PERP199.610.0033pay 0.0004% / 1h15m 09s$2K$32K12x
ShortBinance ANETUSDT205.700get 0.0000% / 8h1h 15m$129K$409K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$7
Price spread: +3.051% → 0.000%
$305.09
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
$288.07
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Binance live order book, 2 min ago0.24 bp91.5 bp −$92doesn't fitdoesn't fitdoesn'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.

ANET on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ANETUSDTshort0.0000%8h205.70+3.051%$129K$409K20x
Gate ANET_USDT0.0000%8h205.98+3.191%$169K$7K20xas long as short
Bitget ANETUSDT0.0000%8h205.14+2.770%$77K$112K20xas long as short
Phemex ANETUSDT0.0000%8h205.67+3.036%$23K$33K10xas long as short
Injective ANET/USDC PERPlong+0.0033%1h199.61long leg$2K$32K12x
HTX ANET-USDT+0.0100%8h206.28+3.342%$3K$40K20xas long as short
Bybit ANETUSDT+0.0105%8h205.73+3.066%$77K$213K25xas long as short