Funding you earn now, next payment 09:00 UTC+0.0514%/8h= +56.3% APRnext payment +$0.64 per $10,000 · paid last 24h −0.021%
Price spread now: Deribit against gTrade (Gains Network)+0.321%127s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$15 a day on $10k at the current rate, and Deribit is 0.321% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 127 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) INJ/USD | 7.7629 | L +0.0007% / S −0.0022% | pay 0.0001% / 1h | 52m 02s | $18K | — | 150x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.7878 | 0.0521 | get 0.0065% / 1h | 52m 02s | $6K | $26K | 25x |
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- $107.9
- Price spread: +0.321% → 0.000%
- $32.08
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $122.98
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | 7.7888 | +0.333% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7723 | +0.121% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USDlong | L +0.0007% / S −0.0022% | 1h | 7.7629 | long leg | $18K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7808 | +0.231% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7860 | +0.298% | $35K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7769 | +0.181% | $150K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7760 | +0.169% | $34.5M | $103.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7710 | +0.104% | $21.6M | $32.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7730 | +0.130% | $6.1M | $21.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7780 | +0.195% | $2.7M | $5.8M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7780 | +0.195% | $8.6M | $18.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7760 | +0.169% | $14.3M | $12.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7492 | −0.176% | $275K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7470 | −0.205% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7849 | +0.283% | $120K | $645K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7720 | +0.117% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7770 | +0.182% | — | $21.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7820 | +0.246% | $31.3M | $20.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0327% / S −0.0344% | 1h | 7.7799 | +0.219% | $41K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | +0.0521% | 1h | 7.7878 | +0.321% | $6K | $26K | 25x | |
| Hyperliquid INJ | +0.0661% | 1h | 7.7901 | +0.351% | $26.2M | $8.8M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0680% | 1h | 7.8090 | +0.594% | $389K | $747K | 50x | as long as short |
| Kraken Futures PF_INJUSD | +0.0826% | 1h | 7.7880 | +0.323% | $829K | $3.8M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1302% | 1h | 7.8090 | +0.594% | $319K | $10.4M | 30x | as long as short |
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]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP