Funding you earn now, next payment 01:00 UTC−0.1336%/8h= −146.2% APRpaid last 24h −0.337%
Price spread now: Bitget against Injective−0.443%7-day average −0.293% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$820.816% of the position
Funding, last 7 days−1.788%−$179 on $10k
+Price spread, last 3 days (all we have)+0.015%+$1 · spread now −0.443%, 7d avg −0.293%
=Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Bitget is 0.150% cheaper against Injective than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.293%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INJ/USDC PERP | 7.8980 | 0.1436 | pay 0.0179% / 1h | 42m 47s | $329K | $12.1M | 30x |
| Short | Bitget INJUSDT | 7.8630 | 0.0100 | get 0.0100% / 8h | 7h 42m | $14.5M | $10.4M | 75x |
Injective INJ/USDC PERP
Bitget INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$280.48
- Price spread: −0.443% → −0.293%
- −$15.01
- Slippage, 4 orders
- −$69.58
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$377.1
- Costs to cover
- 0.816%
- Break-even
- never at this rate
Slippage from Injective: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago | 25.36 bp | 26.1 bp −$26 | 2280.8 bp −$22.8K | 112808.2 bp −$11.28M | 604040.4 bp −$302.02M |
| Sell Bitget live order book, 1 min ago | 2.54 bp | 17.3 bp −$17 | 19.7 bp −$197 | 100.5 bp −$10.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | −0.0279% | 8h | 7.8586 | −0.499% | $22.0M | $31.6M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8611 | −0.468% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8667 | −0.396% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8720 | −0.329% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8697 | −0.358% | $3K | — | 150x | as long as short |
| Gate INJ_USDT | +0.0033% | 8h | 7.8600 | −0.481% | $2.8M | $4.9M | 50x | as long as short |
| Variational Omni INJ | +0.0089% | 8h | 7.8563 | −0.528% | $280K | $160K | — | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8700 | −0.354% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8720 | −0.329% | $38K | $66K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8676 | −0.385% | $150K | $443K | 20x | as long as short |
Bybit INJUSDT
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Gate INJ_USDT
Variational Omni INJ
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance INJUSDT | +0.0100% | 8h | 7.8648 | −0.420% | $35.8M | $93.8M | 75x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8590 | −0.494% | $6.4M | $19.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8630 | −0.443% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDTshort | +0.0100% | 8h | 7.8630 | −0.443% | $14.5M | $10.4M | 75x | |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8550 | −0.544% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8639 | −0.432% | $120K | $595K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0194% | 1h | 7.8700 | −0.354% | $890K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8640 | −0.430% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8600 | −0.481% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8660 | −0.405% | $31.8M | $22.6M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8696 | −0.360% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0613% | 1h | 7.8739 | −0.305% | $26.6M | $9.2M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8820 | −0.203% | $386K | $661K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1436% | 1h | 7.8980 | long leg | $329K | $12.1M | 30x |
Binance INJUSDT
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX