Funding you earn now, next payment 04:00 UTC−0.0456%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h −0.132%
Price spread now: Aevo against Coinbase International−0.656%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−0.189%−$19 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 −$14 a day on $10k at the current rate, and Aevo is 0.656% cheaper against Coinbase International than usual: you would sell low and buy high (−$66 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.189% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International INJ-PERP-INTX | 7.6070 | 0.0552 | pay 0.0069% / 1h | 11m 14s | $368K | $619K | 50x |
| Short | Aevo INJ-PERP | 7.5571 | 0.0096 | get 0.0012% / 1h | 11m 14s | $68K | — | 3x |
Coinbase International INJ-PERP-INTX
Aevo INJ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Coinbase International. 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
- −$95.76
- Price spread: −0.656% → 0.000%
- −$65.56
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$187.32
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 42 min ago; Aevo: 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 Coinbase International live order book, 42 min ago | 12.48 bp | 28.6 bp −$29 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0234% | 1h | 7.5621 | −0.590% | $777K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5573 | −0.654% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5661 | −0.537% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5613 | −0.601% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5613 | −0.601% | $16K | — | 150x | as long as short |
| Aevo INJ-PERPshort | +0.0096% | 1h | 7.5571 | −0.656% | $68K | — | 3x | |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5600 | −0.618% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5665 | −0.532% | $25.5M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5650 | −0.552% | $138K | $419K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5625 | −0.585% | $33.0M | $96.4M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5598 | −0.620% | $21.0M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5580 | −0.644% | $6.2M | $18.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5580 | −0.644% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5610 | −0.605% | $9.7M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5570 | −0.657% | $13.8M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5872 | −0.261% | $267K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5910 | −0.210% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5599 | −0.619% | $113K | $416K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5590 | −0.631% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5580 | −0.644% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5620 | −0.592% | $29.7M | $21.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5611 | −0.603% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0552% | 1h | 7.6070 | long leg | $368K | $619K | 50x | |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.5530 | −0.710% | $315K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Injective INJ/USDC PERP