Funding you earn now, next payment 07:00 UTC+0.1079%/8h= +118.2% APRnext payment +$1.35 per $10,000 · paid last 24h +0.365%
Price spread now: Injective against ApeX Omni+0.365%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs+$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days+1.785%+$179 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.365%, 7d avg +0.176%
=Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Injective is 0.190% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.176%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni INJUSDT | 7.6710 | 0.0100 | pay 0.0013% / 1h | 35m 37s | $46K | $269K | 50x |
| Short | Injective INJ/USDC PERP | 7.6990 | 0.1179 | get 0.0147% / 1h | 35m 37s | $321K | $12.1M | 30x |
ApeX Omni INJUSDT
Injective INJ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $226.69
- Price spread: +0.365% → +0.176%
- $18.95
- Slippage, 4 orders
- −$67.36
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $168.26
- Costs to cover
- 0.774%
- Break-even
- 1.8 days
Slippage from ApeX Omni: live order book, 6 min ago; Injective: live order book, 4 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, 6 min ago | 5.87 bp | 12.0 bp −$12 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
| Sell Injective live order book, 4 min ago | 26.67 bp | 26.7 bp −$27 | 46.0 bp −$460 | 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 | 7.6303 | −0.531% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6304 | −0.530% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6302 | −0.532% | $18K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6371 | −0.442% | $778K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6326 | −0.501% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6330 | −0.495% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6340 | −0.482% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6380 | −0.430% | $33.6M | $97.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6340 | −0.482% | $21.1M | $31.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6350 | −0.469% | $6.2M | $19.1M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit 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 | 7.6310 | −0.521% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6350 | −0.469% | $8.5M | $18.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6300 | −0.534% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6322 | −0.506% | $271K | $150K | — | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.6710 | long leg | $46K | $269K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.6351 | −0.467% | $114K | $565K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6530 | −0.235% | $1.7M | $5.7M | 75x | as long as short |
| Hyperliquid INJ | +0.0235% | 1h | 7.6493 | −0.283% | $25.7M | $8.6M | 5x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6350 | −0.469% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6360 | −0.456% | $29.8M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6309 | −0.523% | $29K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0287% | 1h | 7.6357 | −0.460% | $7K | $25K | 25x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6830 | +0.156% | $383K | $675K | 50x | as long as short |
| Injective INJ/USDC PERPshort | +0.1179% | 1h | 7.6990 | +0.365% | $321K | $12.1M | 30x |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
BloFin INJ-USDT
Hyperliquid INJ
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX