Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.048%
Price spread now: ApeX Omni against BloFin+0.026%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.026%, 7d avg +0.079%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INJ-USDT | 7.5990 | 0.0220 | pay 0.0220% / 8h | 3h 50m | $1.6M | $5.9M | 75x |
| Short | ApeX Omni INJUSDT | 7.6010 | 0.0100 | get 0.0013% / 1h | 50m 46s | $46K | $271K | 50x |
BloFin INJ-USDT
ApeX Omni INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- −$25.2
- Price spread: +0.026% → +0.079%
- −$5.22
- Slippage, 4 orders
- −$32.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$84.45
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; ApeX Omni: live order book, 66 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 BloFin live order book, 3 min ago | 1.98 bp | 11.2 bp −$11 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 66 min ago | 5.81 bp | 13.2 bp −$13 | 106.5 bp −$1,065 | 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 | −0.0233% | 1h | 7.6018 | +0.037% | $803K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6020 | +0.040% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6005 | +0.020% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6022 | +0.042% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6029 | +0.052% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5999 | +0.012% | $69K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6090 | +0.132% | $25.7M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6032 | +0.055% | $140K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5999 | +0.012% | $33.3M | $97.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5921 | −0.091% | $21.1M | $32.3M | 50x | 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
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5920 | −0.092% | $6.1M | $19.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5940 | −0.066% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5950 | −0.053% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5920 | −0.092% | $13.9M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6002 | +0.015% | $267K | $151K | — | as long as short |
| ApeX Omni INJUSDTshort | +0.0100% | 1h | 7.6010 | +0.026% | $46K | $271K | 50x | |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6030 | +0.053% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5952 | −0.049% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.5990 | long leg | $1.6M | $5.9M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.5980 | −0.013% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5980 | −0.013% | $30.0M | $21.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.6046 | +0.074% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6210 | +0.290% | $370K | $622K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6210 | +0.290% | $318K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Orderly PERP_INJ_USDC
Extended INJ-USD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP