Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.011%
Price spread now: Bybit against ApeX Omni0.000%7-day average −0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$710.710% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now 0.000%, 7d avg −0.098%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.098% dearer against ApeX Omni than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni INJUSDT | 7.8360 | 0.0100 | pay 0.0013% / 1h | 5m 30s | $48K | $348K | 50x |
| Short | Bybit INJUSDT | 7.8360 | 0.0099 | get 0.0099% / 8h | 5m 30s | $22.0M | $32.0M | 50x |
ApeX Omni INJUSDT
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$0.11
- Price spread: 0.000% → −0.098%
- $9.77
- Slippage, 4 orders
- −$50.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.38
- Costs to cover
- 0.710%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago | 7.65 bp | 12.8 bp −$13 | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.64 bp | 22.9 bp −$23 | 49.5 bp −$495 | 129.1 bp −$12.9K | 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 | 7.8417 | +0.072% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8375 | +0.019% | $90K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8351 | −0.011% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8467 | +0.136% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8320 | −0.051% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8320 | −0.051% | $38K | $66K | 10x | as long as short |
| Bybit INJUSDTshort | +0.0099% | 8h | 7.8360 | 0.000% | $22.0M | $32.0M | 50x | |
| Aster INJUSDT | +0.0100% | 8h | 7.8415 | +0.071% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8430 | +0.089% | $35.7M | $94.9M | 75x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8420 | +0.077% | $6.4M | $20.1M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.8350 | −0.013% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8410 | +0.064% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8430 | +0.089% | $14.5M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8254 | −0.135% | $279K | $160K | — | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.8360 | long leg | $48K | $348K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.8378 | +0.022% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0204% | 1h | 7.8378 | +0.023% | $890K | $3.1M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8380 | +0.026% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8360 | 0.000% | — | $21.6M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8480 | +0.153% | $31.7M | $22.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8323 | −0.047% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0568% | 1h | 7.8579 | +0.279% | $26.5M | $9.3M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8510 | +0.191% | $384K | $715K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.8720 | +0.459% | $328K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP