Funding you earn now, next payment 10:00 UTC−0.0628%/8h= −68.8% APRpaid last 24h −0.141%
Price spread now: Aster against Coinbase International−0.196%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.196%, 7d avg −0.114%
=Together, before fees+0.052%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aster is 0.081% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.114%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.094% in total (about -4.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International INJ-PERP-INTX | 7.6560 | 0.0728 | pay 0.0091% / 1h | 31m 48s | $381K | $644K | 50x |
| Short | Aster INJUSDT | 7.6410 | 0.0100 | get 0.0100% / 8h | 5h 31m | $146K | $294K | 20x |
Coinbase International INJ-PERP-INTX
Aster INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$131.88
- Price spread: −0.196% → −0.114%
- −$8.12
- Slippage, 4 orders
- −$69.88
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$227.87
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 14 min ago; Aster: live order book, 13 min ago.
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, 14 min ago | 9.77 bp | 36.6 bp −$37 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell Aster live order book, 13 min ago | 5.21 bp | 15.1 bp −$15 | 91.4 bp −$914 | doesn't fit | doesn't fit |
INJ on 24 exchanges
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 | 7.6412 | −0.194% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6427 | −0.174% | $78K | $14K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0008% / S −0.0024% | 1h | 7.6406 | −0.201% | $17K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0064% | 1h | 7.6438 | −0.159% | $5K | $11K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6418 | −0.185% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6420 | −0.183% | $34K | $72K | 10x | as long as short |
| Aster INJUSDTshort | +0.0100% | 8h | 7.6410 | −0.196% | $146K | $294K | 20x | |
| Binance INJUSDT | +0.0100% | 8h | 7.6400 | −0.209% | $33.8M | $95.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6360 | −0.261% | $20.7M | $29.7M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6370 | −0.248% | $5.7M | $20.3M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6390 | −0.222% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6440 | −0.157% | $8.4M | $17.8M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6370 | −0.248% | $14.1M | $11.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6790 | +0.301% | $275K | $109K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6680 | +0.157% | $46K | $264K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6414 | −0.191% | $116K | $648K | 10x | as long as short |
| Hyperliquid INJ | +0.0124% | 1h | 7.6463 | −0.127% | $25.7M | $7.8M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6490 | −0.091% | $1.6M | $5.2M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6400 | −0.209% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6390 | −0.222% | $30.3M | $20.4M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0427% / S −0.0611% | 1h | 7.6620 | +0.079% | $60K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0728% | 1h | 7.6560 | long leg | $381K | $644K | 50x | |
| Kraken Futures PF_INJUSD | +0.1031% | 1h | 7.6494 | −0.086% | $882K | $3.5M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1301% | 1h | 7.6680 | +0.157% | $314K | $14.6M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Hyperliquid INJ
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP