Funding you earn now, next payment 01:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h −0.110%
Price spread now: Orderly against Coinbase International+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment. 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 | 7.8140 | 0.0624 | pay 0.0078% / 1h | 27m 10s | $382K | $601K | 50x |
| Short | Orderly PERP_INJ_USDC | 7.8150 | 0.0100 | get 0.0100% / 8h | 6h 27m | $35K | $80K | 10x |
Coinbase International INJ-PERP-INTX
Orderly PERP_INJ_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$110.04
- Price spread: +0.013% → 0.000%
- $1.28
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$124.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 41 min ago; Orderly: 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, 41 min ago | 10.20 bp | 27.9 bp −$28 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 23 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 | 7.8127 | −0.016% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8090 | −0.064% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0026% | 1h | 7.7997 | −0.183% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8158 | +0.023% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8158 | +0.023% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8221 | +0.104% | $35.5M | $91.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8190 | +0.064% | $22.1M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8200 | +0.077% | $6.3M | $19.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8160 | +0.026% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8160 | +0.026% | $9.4M | $16.5M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8150 | +0.013% | $14.3M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7483 | −0.841% | $275K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7770 | −0.474% | $47K | $281K | 50x | as long as short |
| Orderly PERP_INJ_USDCshort | +0.0100% | 8h | 7.8150 | +0.013% | $35K | $80K | 10x | |
| Extended INJ-USD | +0.0104% | 1h | 7.8159 | +0.024% | $116K | $365K | 10x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0211% | 1h | 7.8099 | −0.053% | $31K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8160 | +0.026% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8160 | +0.026% | $31.6M | $21.3M | 300x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0288% | 1h | 7.8189 | +0.063% | $6K | $24K | 25x | as long as short |
| Hyperliquid INJ | +0.0367% | 1h | 7.8253 | +0.145% | $26.4M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0405% | 1h | 7.8205 | +0.084% | $878K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0624% | 1h | 7.8140 | long leg | $382K | $601K | 50x | |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8140 | 0.000% | $326K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP