Funding you earn now, next payment 23:00 UTC+0.1367%/8h= +149.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.351%
Price spread now: Injective against Deribit+0.585%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
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Injective is 0.585% dearer against Deribit than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INJ_USDC-PERPETUAL | 7.7904 | 0 | get 0.0000% / 1h | 37m 13s | $7K | $23K | 25x |
| Short | Injective INJ/USDC PERP | 7.8360 | 0.1367 | get 0.0171% / 1h | 37m 13s | $321K | $12.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $287.1
- Price spread: +0.585% → 0.000%
- $58.53
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $338.61
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Injective: live order book, 2 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 Injective live order book, 2 min ago | 26.23 bp | 26.2 bp −$26 | 46.5 bp −$465 | doesn't fit | 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 | 7.7824 | −0.102% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7901 | −0.004% | $90K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.7904 | long leg | $7K | $23K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7893 | −0.015% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7900 | −0.005% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7920 | +0.021% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7906 | +0.003% | $873K | $3.2M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7923 | +0.024% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7900 | −0.005% | $35.7M | $94.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7820 | −0.108% | $21.6M | $31.7M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7870 | −0.044% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7850 | −0.069% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7870 | −0.044% | $9.5M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7850 | −0.069% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7936 | +0.041% | $273K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8040 | +0.175% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7896 | −0.011% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7900 | −0.005% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7890 | −0.018% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7890 | −0.018% | $31.8M | $22.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7893 | −0.014% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.470% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJ | +0.0827% | 1h | 7.7947 | +0.055% | $26.5M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERPshort | +0.1367% | 1h | 7.8360 | +0.585% | $321K | $12.1M | 30x |
Deribit INJ_USDC-PERPETUAL
Injective INJ/USDC PERP
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
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]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ