Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.271%
Price spread now: Bitget against Injective+0.809%61s7-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. Bitget is 0.809% dearer against Injective than usual: you sell high and buy low (spread +0.809% now, against zero (this spread has no 7-day history yet)): +$81 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 61 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 NKE/USDC PERP | 35.960 | 0.0033 | pay 0.0004% / 1h | 2m 12s | $975 | $11K | 12x |
| Short | Bitget NKEUSDT | 36.251 | 0 | get 0.0000% / 8h | 2h 02m | $3.1M | $1.5M | 20x |
Injective NKE/USDC PERP
Bitget NKEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.809% → 0.000%
- $80.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $61.9
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, just now. 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 Bitget live order book, just now | 18.74 bp | 26.4 bp −$26 | 53.0 bp −$530 | 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.
NKE 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NKE-USD | 0.0000% | 1h | 36.170 | +0.584% | $1.1M | $879K | 10x | as long as short |
| Gate NKE_USDT | 0.0000% | 8h | 36.280 | +0.890% | $249K | $24K | 20x | as long as short |
| Bitget NKEUSDTshort | 0.0000% | 8h | 36.251 | +0.809% | $3.1M | $1.5M | 20x | |
| HTX NKE-USDT | 0.0000% | 8h | 36.140 | +0.501% | $5K | $307K | 20x | as long as short |
| Injective NKE/USDC PERPlong | +0.0033% | 1h | 35.960 | long leg | $975 | $11K | 12x |
QFEX NKE-USD
Gate NKE_USDT
HTX NKE-USDT