Funding you earn now, next payment 05:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.123%
Price spread now: Coinbase International against Aster+0.178%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.178%, 7d avg +0.119%
=Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.059% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.119%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster INJUSDT | 7.5346 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $138K | $418K | 20x |
| Short | Coinbase International INJ-PERP-INTX | 7.5480 | 0.0480 | get 0.0060% / 1h | 41m 34s | $370K | $634K | 50x |
Aster INJUSDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. 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
- $79.8
- Price spread: +0.178% → +0.119%
- $5.86
- Slippage, 4 orders
- −$62.97
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $4.68
- Costs to cover
- 0.810%
- Break-even
- 6.6 days
Slippage from Aster: live order book, 6 min ago; Coinbase International: live order book, 7 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 Aster live order book, 6 min ago | 3.97 bp | 12.1 bp −$12 | 81.8 bp −$818 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 7 min ago | 8.58 bp | 21.0 bp −$21 | 53.7 bp −$537 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0215% | 1h | 7.5362 | +0.021% | $764K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5252 | −0.124% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5325 | −0.028% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5303 | −0.057% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5294 | −0.069% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5301 | −0.060% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5290 | −0.074% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5398 | +0.069% | $25.4M | $8.7M | 5x | as long as short |
| Aster INJUSDTlong | +0.0100% | 8h | 7.5346 | long leg | $138K | $418K | 20x | |
| Binance INJUSDT | +0.0100% | 8h | 7.5320 | −0.035% | $32.9M | $97.2M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5287 | −0.078% | $20.8M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5300 | −0.061% | $6.1M | $18.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5280 | −0.088% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5300 | −0.061% | $9.4M | $17.9M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5250 | −0.128% | $13.8M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5592 | +0.326% | $270K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5580 | +0.310% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5291 | −0.074% | $112K | $562K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5340 | −0.008% | $1.6M | $5.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5280 | −0.088% | — | $20.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5300 | −0.061% | $29.8M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5265 | −0.108% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0480% | 1h | 7.5480 | +0.178% | $370K | $634K | 50x | |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5790 | +0.589% | $316K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Injective INJ/USDC PERP