Funding you earn now, next payment 02:00 UTC+0.0305%/8h= +33.4% APRnext payment +$0.38 per $10,000 · paid last 24h +0.023%
Price spread now: Kraken Futures against ApeX Omni+0.143%75s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days+0.285%+$28 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.143%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.137% dearer against ApeX Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 75 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 | ApeX Omni INJUSDT | 7.7990 | 0.0100 | pay 0.0013% / 1h | 1m 48s | $47K | $273K | 50x |
| Short | Kraken Futures PF_INJUSD | 7.8102 | 0.0405 | get 0.0051% / 1h | 1m 48s | $868K | $3.0M | 50x |
ApeX Omni INJUSDT
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $64.13
- Price spread: +0.143% → +0.007%
- $13.65
- Slippage, 4 orders
- −$40.55
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $17.23
- Costs to cover
- 0.606%
- Break-even
- 5.1 days
Slippage from ApeX Omni: live order book, 66 min ago; Kraken Futures: live order book, 2 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, 66 min ago | 7.65 bp | 13.1 bp −$13 | 128.6 bp −$1,286 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.05 bp | 15.5 bp −$16 | 31.3 bp −$313 | 455.4 bp −$45.5K | doesn't fit |
INJ on 23 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 | 7.8007 | +0.022% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8032 | +0.054% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0016% | 1h | 7.7943 | −0.060% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8037 | +0.060% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8115 | +0.161% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8050 | +0.077% | $35.4M | $90.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8023 | +0.042% | $22.1M | $30.7M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7970 | −0.026% | $6.4M | $18.8M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8030 | +0.051% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8040 | +0.064% | $9.3M | $16.5M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.7960 | −0.038% | $14.3M | $10.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7861 | −0.165% | $274K | $151K | — | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.7990 | long leg | $47K | $273K | 50x | |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8060 | +0.090% | $35K | $80K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8049 | +0.076% | $115K | $365K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0160% | 1h | 7.8075 | +0.109% | $6K | $24K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.8032 | +0.054% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8010 | +0.026% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8070 | +0.103% | $31.9M | $21.4M | 300x | as long as short |
| Hyperliquid INJ | +0.0401% | 1h | 7.8100 | +0.141% | $26.3M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0405% | 1h | 7.8102 | +0.143% | $868K | $3.0M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8130 | +0.180% | $382K | $595K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8320 | +0.423% | $327K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP