Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: Bybit against Extended−0.065%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.065%, 7d avg −0.024%
=Together, before fees+0.070%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended INJ-USD | 7.8388 | 0.0104 | pay 0.0013% / 1h | 16m 30s | $117K | $367K | 10x |
| Short | Bybit INJUSDT | 7.8337 | 0.0100 | get 0.0100% / 8h | 5h 16m | $22.2M | $30.3M | 50x |
Extended INJ-USD
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: −0.065% → −0.024%
- −$4.08
- Slippage, 4 orders
- −$37.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.94
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from Extended: live order book, 46 min ago; Bybit: live order book, 2 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 Extended live order book, 46 min ago | 2.24 bp | 11.3 bp −$11 | 140.5 bp −$1,405 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.64 bp | 15.5 bp −$15 | 44.7 bp −$447 | 145.6 bp −$14.6K | 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 | 7.8391 | +0.004% | — | — | 20x | as long as short |
| dYdX INJ-USD | +0.0003% | 1h | 7.8437 | +0.063% | $81K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8405 | +0.022% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8386 | −0.002% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8404 | +0.021% | $150K | $413K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8384 | −0.005% | $35.5M | $89.9M | 75x | as long as short |
| Bybit INJUSDTshort | +0.0100% | 8h | 7.8337 | −0.065% | $22.2M | $30.3M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8320 | −0.086% | $6.4M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8390 | +0.003% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8420 | +0.041% | $9.6M | $16.4M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8390 | +0.003% | $14.4M | $9.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8470 | +0.106% | $276K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8480 | +0.118% | $47K | $270K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8410 | +0.028% | $35K | $92K | 10x | as long as short |
| Extended INJ-USDlong | +0.0104% | 1h | 7.8388 | long leg | $117K | $367K | 10x | |
| Deribit INJ_USDC-PERPETUAL | +0.0120% | 1h | 7.8406 | +0.023% | $6K | $24K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8410 | +0.028% | $1.7M | $6.4M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 7.8395 | +0.010% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8400 | +0.016% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8430 | +0.054% | $32.3M | $20.9M | 300x | as long as short |
| Hyperliquid INJ | +0.0315% | 1h | 7.8501 | +0.144% | $26.4M | $8.6M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0436% | 1h | 7.8493 | +0.135% | $867K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8600 | +0.271% | $386K | $578K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.8760 | +0.475% | $328K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP