Funding you earn now, next payment 22:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.048%
Price spread now: BloFin against ApeX Omni−0.410%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)+0.524%+$52 · spread now −0.410%, 7d avg −0.071%
=Funding pays, the price is against you. BloFin is 0.339% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of −0.071%). If the spread goes back, that is −$34 on $10k: about 9.4 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni INJUSDT | 7.7990 | 0.0100 | pay 0.0013% / 1h | 22m 42s | $48K | $346K | 50x |
| Short | BloFin INJ-USDT | 7.7670 | 0.0220 | get 0.0220% / 8h | 2h 22m | $1.8M | $7.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- $25.2
- Price spread: −0.410% → −0.071%
- −$33.92
- Slippage, 4 orders
- −$27.17
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.89
- Costs to cover
- 0.492%
- Break-even
- 23.1 days
Slippage from ApeX Omni: live order book, 64 min ago; BloFin: live order book, 6 min ago.
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 ApeX Omni live order book, 64 min ago | 5.16 bp | 10.4 bp −$10 | 99.6 bp −$996 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.28 bp | 11.6 bp −$12 | 35.4 bp −$354 | doesn't fit | doesn't fit |
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7682 | −0.396% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7683 | −0.393% | $90K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7731 | −0.332% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7701 | −0.371% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0059% | 8h | 7.8082 | +0.118% | $272K | $157K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0078% | 1h | 7.7736 | −0.325% | $885K | $3.2M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7695 | −0.378% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0097% | 8h | 7.7710 | −0.359% | $38K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7663 | −0.419% | $153K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7665 | −0.417% | $35.4M | $95.0M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.7641 | −0.447% | $21.5M | $32.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7660 | −0.423% | $6.4M | $20.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7610 | −0.487% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7630 | −0.462% | $9.5M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7600 | −0.500% | $14.3M | $11.0M | 75x | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.7990 | long leg | $48K | $346K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.7638 | −0.451% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.7670 | −0.410% | $1.8M | $7.8M | 75x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.7620 | −0.474% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7690 | −0.385% | $31.8M | $23.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0353% / S −0.0391% | 1h | 7.7679 | −0.399% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7910 | −0.103% | $389K | $703K | 50x | as long as short |
| Hyperliquid INJ | +0.0822% | 1h | 7.7799 | −0.245% | $26.3M | $9.1M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1499% | 1h | 7.8000 | +0.013% | $319K | $12.1M | 30x | as long as short |
ApeX Omni INJUSDT
BloFin INJ-USDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Extended INJ-USD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP