Funding you earn now, next payment 23:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.044%
Price spread now: Kraken Futures against Gate−0.215%51s7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 3 days (all we have)+0.351%+$35 · spread now −0.215%, 7d avg +0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.309% cheaper against Gate than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.094%. The two prices were read 51 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 | Gate INJ_USDT | 7.8210 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $2.8M | $5.0M | 50x |
| Short | Kraken Futures PF_INJUSD | 7.8042 | 0.0099 | get 0.0012% / 1h | 9m 23s | $870K | $3.0M | 50x |
Gate INJ_USDT
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$0.24
- Price spread: −0.215% → +0.094%
- −$30.9
- Slippage, 4 orders
- −$42.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$99.03
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 4 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 Gate live order book, 4 min ago | 4.49 bp | 16.2 bp −$16 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 7.06 bp | 14.5 bp −$14 | 27.1 bp −$271 | 420.3 bp −$42.0K | 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 | 7.8164 | −0.058% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8271 | +0.078% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8240 | +0.038% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0008% | 1h | 7.8089 | −0.155% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8245 | +0.044% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8260 | +0.064% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0099% | 1h | 7.8042 | −0.215% | $870K | $3.0M | 50x | |
| Aster INJUSDT | +0.0100% | 8h | 7.8149 | −0.077% | $157K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8230 | +0.026% | $35.7M | $93.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8240 | +0.038% | $21.7M | $31.5M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance 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 | 7.8250 | +0.051% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDTlong | +0.0100% | 8h | 7.8210 | long leg | $2.8M | $5.0M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8200 | −0.013% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8220 | +0.013% | $14.4M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7904 | −0.391% | $275K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7960 | −0.320% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8094 | −0.148% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7980 | −0.294% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8250 | +0.051% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8200 | −0.013% | $31.8M | $23.2M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8227 | +0.022% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0618% | 1h | 7.8308 | +0.125% | $26.6M | $9.5M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8050 | −0.205% | $383K | $713K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8260 | +0.064% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
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
Injective INJ/USDC PERP