Funding you earn now, next payment 22:00 UTC−0.1399%/8h= −153.2% APRnext payment −$1.75 per $10,000 · paid last 24h −0.307%
Price spread now: ApeX Omni against Injective−0.281%108s7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as 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−$690.688% of the position
Funding, last 7 days−1.765%−$176 on $10k
+Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.281%, 7d avg −0.153%
=Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and ApeX Omni is 0.129% cheaper against Injective than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.153%). Swap the legs. The two prices were read 108 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 | Injective INJ/USDC PERP | 7.8210 | 0.1499 | pay 0.0187% / 1h | 25m 23s | $320K | $12.1M | 30x |
| Short | ApeX Omni INJUSDT | 7.7990 | 0.0100 | get 0.0013% / 1h | 25m 23s | $48K | $346K | 50x |
Injective INJ/USDC PERP
ApeX Omni INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- −$293.79
- Price spread: −0.281% → −0.153%
- −$12.85
- Slippage, 4 orders
- −$58.77
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$375.43
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from Injective: live order book, 4 min ago; ApeX Omni: live order book, 62 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 Injective live order book, 4 min ago | 17.93 bp | 28.9 bp −$29 | 2837.9 bp −$28.4K | 118378.8 bp −$11.84M | 631893.8 bp −$315.95M |
| Sell ApeX Omni live order book, 62 min ago | 5.16 bp | 11.6 bp −$12 | 111.6 bp −$1,116 | doesn't fit | 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 | 7.7746 | −0.594% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7657 | −0.707% | $90K | $10K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7730 | −0.614% | $3K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0006% | 1h | 7.8286 | +0.097% | $7K | $23K | 25x | as long as short |
| Variational Omni INJ | +0.0051% | 8h | 7.7672 | −0.689% | $272K | $156K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0077% | 1h | 7.8272 | +0.079% | $890K | $3.2M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8261 | +0.065% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0097% | 8h | 7.7750 | −0.588% | $38K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7758 | −0.577% | $154K | $444K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7775 | −0.556% | $35.5M | $95.0M | 75x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Variational Omni INJ
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.7677 | −0.681% | $21.6M | $32.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7720 | −0.627% | $6.4M | $20.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7710 | −0.639% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7750 | −0.588% | $9.5M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7760 | −0.575% | $14.3M | $11.0M | 75x | as long as short |
| ApeX Omni INJUSDTshort | +0.0100% | 1h | 7.7990 | −0.281% | $48K | $346K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.7683 | −0.674% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7990 | −0.281% | $1.8M | $7.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7720 | −0.627% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7790 | −0.537% | $31.9M | $23.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0353% / S −0.0391% | 1h | 7.7718 | −0.629% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.8400 | +0.243% | $390K | $705K | 50x | as long as short |
| Hyperliquid INJ | +0.0798% | 1h | 7.7914 | −0.378% | $26.4M | $9.1M | 5x | as long as short |
| Injective INJ/USDC PERPlong | +0.1499% | 1h | 7.8210 | long leg | $320K | $12.1M | 30x |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget 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