Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Bybit against Injective+0.172%7-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
The price spread pays, funding is against you. Bybit is 0.172% dearer against Injective than usual: you sell high and buy low (spread +0.172% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GILD/USDC PERP | 151.02 | 0.0033 | pay 0.0004% / 1h | 51m 00s | — | $41K | 12x |
| Short | Bybit GILDUSDT | 151.28 | 0 | get 0.0000% / 8h | 51m 00s | $67K | $39K | 25x |
Injective GILD/USDC PERP
Bybit GILDUSDTFunding 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
- −$7
- Price spread: +0.172% → 0.000%
- $17.22
- 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
- −$0.8
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: 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 Bybit no order-book sample | — | — | — | — | — |
Injective and Bybit: 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.
GILD on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GILDUSDTshort | 0.0000% | 8h | 151.28 | +0.172% | $67K | $39K | 25x | |
| Gate GILD_USDT | 0.0000% | 8h | 150.73 | −0.192% | $12K | $2K | 20x | as long as short |
| Bitget GILDUSDT | 0.0000% | 8h | 150.64 | −0.252% | $44K | $8K | 20x | as long as short |
| HTX GILD-USDT | 0.0000% | 8h | 151.28 | +0.172% | $5K | $413K | 10x | as long as short |
| Injective GILD/USDC PERPlong | +0.0033% | 1h | 151.02 | long leg | — | $41K | 12x |
Gate GILD_USDT
Bitget GILDUSDT
HTX GILD-USDT