Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.052%
Price spread now: Gate against BloFin+0.038%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 3 days (all we have)−0.208%−$21 · spread now +0.038%, 7d avg −0.018%
=The price spread pays, funding is against you. Gate is 0.056% dearer against BloFin than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.018%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INJ-USDT | 7.8550 | 0.0220 | pay 0.0220% / 8h | 2m 55s | $1.8M | $7.7M | 75x |
| Short | Gate INJ_USDT | 7.8580 | 0.0100 | get 0.0100% / 8h | 2m 55s | $2.8M | $5.1M | 50x |
BloFin INJ-USDT
Gate INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.038% → −0.018%
- $5.63
- Slippage, 4 orders
- −$32.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$79.5
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Gate: live order book, just now.
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, 6 min ago | 3.19 bp | 11.3 bp −$11 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 3.18 bp | 18.8 bp −$19 | 49.4 bp −$494 | 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 | 7.8524 | −0.033% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8589 | +0.050% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8589 | +0.050% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8577 | +0.034% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8562 | +0.015% | $71K | $13K | 3x | as long as short |
| Bybit INJUSDT | +0.0098% | 8h | 7.8545 | −0.006% | $22.0M | $32.0M | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8570 | +0.025% | $38K | $66K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8603 | +0.068% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8607 | +0.073% | $35.7M | $94.9M | 75x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8530 | −0.025% | $6.4M | $20.1M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Bybit INJUSDT
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDTshort | +0.0100% | 8h | 7.8580 | +0.038% | $2.8M | $5.1M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8600 | +0.064% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8570 | +0.025% | $14.5M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8254 | −0.376% | $279K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8490 | −0.076% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8564 | +0.018% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0203% | 1h | 7.8613 | +0.080% | $892K | $3.1M | 50x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.8550 | long leg | $1.8M | $7.7M | 75x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.8560 | +0.013% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8590 | +0.051% | $31.8M | $22.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8554 | +0.005% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0568% | 1h | 7.8675 | +0.159% | $26.6M | $9.3M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8770 | +0.280% | $385K | $718K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.8890 | +0.433% | $329K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP