Funding you earn now, next payment 23:00 UTC−0.0532%/8h= −58.3% APRpaid last 24h −0.136%
Price spread now: Variational Omni against Coinbase International−0.263%7-day average −0.167% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.240%−$24 on $10k
+Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.263%, 7d avg −0.167%
=Together, before fees−0.031%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.096% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.167%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International INJ-PERP-INTX | 7.8510 | 0.0632 | pay 0.0079% / 1h | 7m 59s | $384K | $717K | 50x |
| Short | Variational Omni INJ | 7.8304 | 0.0100 | get 0.0100% / 8h | 7m 59s | $279K | $160K | — |
Coinbase International INJ-PERP-INTX
Variational Omni INJFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$111.72
- Price spread: −0.263% → −0.167%
- −$9.59
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$131.31
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, 6 min ago. 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, 5 min ago | 9.56 bp | 25.2 bp −$25 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 6 min ago | 3.35 bp | doesn't fit | 50.6 bp −$506 | doesn't fit | doesn't fit |
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 | 7.8322 | −0.240% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8393 | −0.149% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8385 | −0.159% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8357 | −0.195% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8355 | −0.198% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8350 | −0.204% | $38K | $66K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8414 | −0.122% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8369 | −0.180% | $35.6M | $94.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8300 | −0.267% | $22.0M | $32.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8310 | −0.255% | $6.4M | $20.1M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.8300 | −0.267% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8350 | −0.204% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8330 | −0.229% | $14.5M | $10.5M | 75x | as long as short |
| Variational Omni INJshort | +0.0100% | 8h | 7.8304 | −0.263% | $279K | $160K | — | |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8400 | −0.140% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8342 | −0.214% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0204% | 1h | 7.8404 | −0.135% | $890K | $3.1M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8470 | −0.051% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8340 | −0.217% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8320 | −0.242% | $31.6M | $22.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8359 | −0.193% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0566% | 1h | 7.8475 | −0.045% | $26.5M | $9.3M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0632% | 1h | 7.8510 | long leg | $384K | $717K | 50x | |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.8720 | +0.267% | $328K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Injective INJ/USDC PERP