Funding you earn now, next payment 01:00 UTC+0.1134%/8h= +124.2% APRpaid last 24h +0.139%
Price spread now: Bybit against Injective+3.622%58s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Bybit is 3.622% dearer against Injective than usual: you sell high and buy low: +$362 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 | Injective ANET/USDC PERP | 199.61 | 0.0033 | pay 0.0004% / 1h | 50m 19s | $2K | $32K | 12x |
| Short | Bybit ANETUSDT | 206.84 | 0.1168 | get 0.1168% / 8h | 7h 50m | $84K | $201K | 25x |
Injective ANET/USDC PERP
Bybit ANETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $238.19
- Price spread: +3.622% → 0.000%
- $362.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $589.38
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 7.49 bp | 107.1 bp −$107 | doesn't fit | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ANET_USDT | 0.0000% | 8h | 206.80 | +3.602% | $171K | $8K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 205.99 | +3.196% | $79K | $118K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 206.56 | +3.482% | $21K | $33K | 10x | as long as short |
| Injective ANET/USDC PERPlong | +0.0033% | 1h | 199.61 | long leg | $2K | $32K | 12x | |
| HTX ANET-USDT | +0.0100% | 8h | 206.91 | +3.657% | $3K | $68K | 20x | as long as short |
| Binance ANETUSDT | +0.0260% | 8h | 206.55 | +3.476% | $143K | $407K | 20x | as long as short |
| Bybit ANETUSDTshort | +0.1168% | 8h | 206.84 | +3.622% | $84K | $201K | 25x |
Gate ANET_USDT
Bitget ANETUSDT
Phemex ANETUSDT
HTX ANET-USDT
Binance ANETUSDT