Funding you earn now, next payment 04:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h −0.033%
Price spread now: Deribit against Bybit+0.158%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.158% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INJUSDT | 7.7047 | 0.0100 | pay 0.0100% / 8h | 4h 49m | $21.8M | $30.2M | 50x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.7169 | 0.0191 | get 0.0024% / 1h | 49m 57s | $6K | $24K | 25x |
Bybit INJUSDT
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- $19.11
- Price spread: +0.158% → 0.000%
- $15.83
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $16.94
- Costs to cover
- 0.180%
- Break-even
- 0.8 days
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.65 bp | 18.1 bp −$18 | 32.4 bp −$324 | 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 | 7.7075 | +0.036% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7171 | +0.161% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7110 | +0.082% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7150 | +0.134% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7147 | +0.130% | $147K | $399K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7110 | +0.082% | $35.0M | $89.7M | 75x | as long as short |
| Bybit INJUSDTlong | +0.0100% | 8h | 7.7047 | long leg | $21.8M | $30.2M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7090 | +0.056% | $6.3M | $18.2M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7080 | +0.043% | $2.7M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7100 | +0.069% | $9.4M | $16.4M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.7030 | −0.022% | $14.1M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7112 | +0.084% | $271K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7500 | +0.588% | $47K | $270K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7140 | +0.121% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7090 | +0.056% | $116K | $367K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | +0.0191% | 1h | 7.7169 | +0.158% | $6K | $24K | 25x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7210 | +0.212% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.7129 | +0.106% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7070 | +0.030% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7100 | +0.069% | $31.8M | $20.4M | 300x | as long as short |
| Hyperliquid INJ | +0.0287% | 1h | 7.7194 | +0.191% | $26.0M | $8.6M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0319% | 1h | 7.7159 | +0.146% | $852K | $2.9M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7240 | +0.250% | $379K | $569K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.7580 | +0.692% | $323K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP