Funding you earn now, next payment 04:00 UTC−0.1229%/8h= −134.6% APRnext payment −$1.54 per $10,000 · paid last 24h −0.360%
Price spread now: Extended against Injective−0.468%80s7-day average −0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as 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−$760.762% of the position
Funding, last 7 days−1.853%−$185 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.468%, 7d avg −0.238%
=Together, before fees−1.804%+ Points / potential airdropExtended: Active · farm board−$180 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Extended is 0.230% cheaper against Injective than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.238%). Swap the legs. The two prices were read 80 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 | 7.6100 | 0.1333 | pay 0.0167% / 1h | 1m 45s | $317K | $12.1M | 30x |
| Short | Extended INJ-USD | 7.5744 | 0.0104 | get 0.0013% / 1h | 1m 45s | $113K | $364K | 10x |
Injective INJ/USDC PERP
Extended INJ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$258.15
- Price spread: −0.468% → −0.238%
- −$23.01
- Slippage, 4 orders
- −$71.2
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$357.38
- Costs to cover
- 0.762%
- Break-even
- never at this rate
Slippage from Injective: live order book, 2 min ago; Extended: live order book, 56 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, 2 min ago | 25.68 bp | 26.6 bp −$27 | 2524.2 bp −$25.2K | 115241.5 bp −$11.52M | 616207.4 bp −$308.10M |
| Sell Extended live order book, 56 min ago | 2.46 bp | 11.9 bp −$12 | 148.6 bp −$1,486 | 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 | 7.5703 | −0.522% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5743 | −0.469% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5760 | −0.447% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5750 | −0.460% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5755 | −0.453% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5906 | −0.255% | $25.7M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5756 | −0.453% | $140K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5807 | −0.385% | $33.3M | $97.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5800 | −0.394% | $21.1M | $32.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5790 | −0.407% | $6.1M | $19.3M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.5760 | −0.447% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5740 | −0.473% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5790 | −0.407% | $13.9M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5832 | −0.353% | $266K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5750 | −0.460% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5730 | −0.486% | $34K | $94K | 10x | as long as short |
| Extended INJ-USDshort | +0.0104% | 1h | 7.5744 | −0.468% | $113K | $364K | 10x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5670 | −0.565% | $1.6M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5750 | −0.460% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.5820 | −0.368% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5760 | −0.447% | $29.8M | $21.4M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0325% | 1h | 7.5805 | −0.387% | $806K | $3.5M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5830 | −0.355% | $370K | $611K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1333% | 1h | 7.6100 | long leg | $317K | $12.1M | 30x |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX