Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.040%
Price spread now: Binance against Deribit+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INJ_USDC-PERPETUAL | 7.9431 | 0 | get 0.0000% / 1h | 54m 55s | $7K | $23K | 25x |
| Short | Binance INJUSDT | 7.9440 | 0.0100 | get 0.0100% / 8h | 54m 55s | $36.2M | $94.0M | 75x |
Deribit INJ_USDC-PERPETUAL
Binance INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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: +0.011% → 0.000%
- $1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.13
- Costs to cover
- 0.170%
- Break-even
- 5.3 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 3 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.63 bp | 9.6 bp −$10 | 19.8 bp −$198 | 110.4 bp −$11.0K | doesn't fit |
Deribit: 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 | 7.9410 | −0.027% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.9338 | −0.117% | $92K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.9431 | long leg | $7K | $23K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.9436 | +0.007% | $4K | — | 150x | as long as short |
| ApeX Omni INJUSDT | +0.0079% | 1h | 7.9180 | −0.316% | $49K | $348K | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.9381 | −0.063% | $72K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.9410 | −0.026% | $39K | $63K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.9440 | +0.011% | $159K | $440K | 20x | as long as short |
| Binance INJUSDTshort | +0.0100% | 8h | 7.9440 | +0.011% | $36.2M | $94.0M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.9380 | −0.064% | $22.0M | $31.7M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
ApeX Omni INJUSDT
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.9390 | −0.052% | $6.5M | $20.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.9410 | −0.026% | $2.9M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.9420 | −0.014% | $9.6M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.9390 | −0.052% | $14.6M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.9214 | −0.273% | $279K | $157K | — | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.9438 | +0.008% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0201% | 1h | 7.9442 | +0.014% | $884K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.9460 | +0.037% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.9400 | −0.039% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.9450 | +0.024% | $32.5M | $22.6M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0357% / S −0.0418% | 1h | 7.9440 | +0.011% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0583% | 1h | 7.9532 | +0.127% | $27.0M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9530 | +0.125% | $391K | $728K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9510 | +0.099% | $325K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP