Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.001%
Price spread now: dYdX against Bybit−0.098%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.117%−$12 on $10k
+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 −$3 a day on $10k at the current rate, and dYdX is 0.098% cheaper against Bybit than usual: you would sell low and buy high (−$10 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 | Bybit INJUSDT | 7.7941 | 0.0100 | pay 0.0100% / 8h | 5h 34m | $22.0M | $30.4M | 50x |
| Short | dYdX INJ-USD | 7.7864 | 0 | get 0.0000% / 1h | 34m 39s | $81K | $17K | 5x |
Bybit INJUSDT
dYdX INJ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.098% → 0.000%
- −$9.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$51.82
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; dYdX: 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 | 13.0 bp −$13 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | 7.7849 | −0.118% | — | — | 20x | as long as short |
| dYdX INJ-USDshort | 0.0000% | 1h | 7.7864 | −0.098% | $81K | $17K | 5x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7859 | −0.105% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7905 | −0.046% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8065 | +0.159% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7911 | −0.038% | $35.3M | $90.0M | 75x | as long as short |
| Bybit INJUSDTlong | +0.0100% | 8h | 7.7941 | long leg | $22.0M | $30.4M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7930 | −0.014% | $6.3M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7920 | −0.027% | $2.7M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7860 | −0.104% | $9.3M | $16.5M | 50x | as long as short |
Reya INJRUSDPERP
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 | 7.7940 | −0.001% | $14.3M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7540 | −0.515% | $272K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7260 | −0.874% | $46K | $272K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7910 | −0.040% | $35K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7928 | −0.017% | $115K | $367K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0148% | 1h | 7.7924 | −0.022% | $6K | $24K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7890 | −0.065% | $1.8M | $6.3M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7861 | −0.102% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7940 | −0.001% | — | $21.2M | — | as long as short |
| Hyperliquid INJ | +0.0284% | 1h | 7.7915 | −0.033% | $26.2M | $8.7M | 5x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7960 | +0.024% | $31.5M | $20.8M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0439% | 1h | 7.7946 | +0.007% | $864K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.7750 | −0.245% | $382K | $583K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.7730 | −0.271% | $324K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
Hyperliquid INJ
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP