Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.093%
Price spread now: Deribit against BloFin−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.022% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INJ-USDT | 7.7160 | 0.0220 | pay 0.0220% / 8h | 4h 46m | $1.7M | $5.8M | 75x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.7143 | 0 | get 0.0000% / 1h | 46m 32s | $6K | $24K | 25x |
BloFin INJ-USDT
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$46.2
- Price spread: −0.022% → 0.000%
- −$2.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$67.4
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
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, 2 min ago | 1.30 bp | 12.0 bp −$12 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 7.7157 | −0.004% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7180 | +0.026% | $80K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | 0.0000% | 1h | 7.7143 | −0.022% | $6K | $24K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7129 | −0.040% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7097 | −0.081% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7180 | +0.026% | $148K | $403K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7250 | +0.117% | $35.1M | $89.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7220 | +0.078% | $21.9M | $30.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7220 | +0.078% | $6.3M | $18.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7210 | +0.065% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7240 | +0.104% | $9.6M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7180 | +0.026% | $14.2M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7112 | −0.063% | $271K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7070 | −0.117% | $46K | $270K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7120 | −0.052% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7228 | +0.089% | $116K | $367K | 10x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.7160 | long leg | $1.7M | $5.8M | 75x | |
| Hyperliquid INJ | +0.0228% | 1h | 7.7289 | +0.167% | $26.0M | $8.6M | 5x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7116 | −0.057% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7240 | +0.104% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7280 | +0.156% | $31.9M | $20.4M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0319% | 1h | 7.7148 | −0.015% | $858K | $2.9M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7220 | +0.078% | $379K | $569K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.7490 | +0.428% | $323K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Hyperliquid INJ
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP