Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%
Price spread now: Extended against Binance−0.056%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.056%, 7d avg −0.024%
=Together, before fees+0.089%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INJUSDT | 7.8020 | 0.0100 | pay 0.0100% / 8h | 1h 22m | $35.7M | $94.1M | 75x |
| Short | Extended INJ-USD | 7.7976 | 0.0104 | get 0.0013% / 1h | 22m 51s | $118K | $460K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: −0.056% → −0.024%
- −$3.26
- Slippage, 4 orders
- −$29.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$47.17
- Costs to cover
- 0.447%
- Break-even
- 400.1 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 60 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 Binance live order book, 5 min ago | 0.64 bp | 9.3 bp −$9 | 19.1 bp −$191 | 141.8 bp −$14.2K | doesn't fit |
| Sell Extended live order book, 60 min ago | 2.90 bp | 12.1 bp −$12 | 107.2 bp −$1,072 | 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 | 7.7953 | −0.086% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8019 | −0.001% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8006 | −0.018% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0010% | 1h | 7.8039 | +0.024% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7960 | −0.077% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7990 | −0.038% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8026 | +0.008% | $872K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8018 | −0.002% | $156K | $440K | 20x | as long as short |
| Binance INJUSDTlong | +0.0100% | 8h | 7.8020 | long leg | $35.7M | $94.1M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.7980 | −0.051% | $21.7M | $31.7M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7960 | −0.077% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7960 | −0.077% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7990 | −0.038% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7950 | −0.090% | $14.3M | $10.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7750 | −0.346% | $272K | $155K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7830 | −0.244% | $48K | $349K | 50x | as long as short |
| Extended INJ-USDshort | +0.0104% | 1h | 7.7976 | −0.056% | $118K | $460K | 10x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7930 | −0.115% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7980 | −0.051% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7980 | −0.051% | $31.7M | $23.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7989 | −0.039% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8160 | +0.179% | $382K | $713K | 50x | as long as short |
| Hyperliquid INJ | +0.0705% | 1h | 7.8073 | +0.068% | $26.5M | $9.5M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8280 | +0.333% | $320K | $12.1M | 30x | as long as short |
Binance INJUSDT
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP