Funding you earn now, next payment 22:00 UTC−0.1399%/8h= −153.2% APRpaid last 24h −0.299%
Price spread now: Gate against Injective−0.721%69s7-day average −0.240% · you buy dearer than you sell
Net, funding: paid 7d − costs−$272as 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−$920.916% of the position
Funding, last 7 days−1.802%−$180 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.721%, 7d avg −0.240%
=Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Gate is 0.482% cheaper against Injective than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.240%). Swap the legs. The two prices were read 69 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 | 7.7620 | 0.1499 | pay 0.0187% / 1h | 53m 56s | $318K | $12.1M | 30x |
| Short | Gate INJ_USDT | 7.7060 | 0.0100 | get 0.0100% / 8h | 2h 53m | $2.7M | $5.0M | 50x |
Injective INJ/USDC PERP
Gate INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.721% → −0.240%
- −$48.16
- Slippage, 4 orders
- −$76.57
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$433.53
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from Injective: live order book, just now; Gate: 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 Injective live order book, just now | 26.53 bp | 26.5 bp −$27 | 2833.0 bp −$28.3K | 118330.0 bp −$11.83M | 631649.4 bp −$315.82M |
| Sell Gate live order book, 4 min ago | 1.29 bp | 21.7 bp −$22 | 58.3 bp −$583 | 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 | 7.6997 | −0.803% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0152% | 1h | 7.7101 | −0.669% | $7K | $23K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7279 | −0.439% | $89K | $10K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7093 | −0.679% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0071% | 8h | 7.7275 | −0.445% | $270K | $155K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0079% | 1h | 7.7110 | −0.657% | $893K | $3.2M | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0095% | 8h | 7.7090 | −0.683% | $38K | $65K | 10x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7060 | −0.721% | $70K | $13K | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7103 | −0.666% | $152K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7114 | −0.653% | $35.2M | $95.1M | 75x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Kraken Futures PF_INJUSD
Orderly PERP_INJ_USDC
Aevo INJ-PERP
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 | 7.7080 | −0.696% | $21.6M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7080 | −0.696% | $6.3M | $20.4M | 50x | as long as short |
| Gate INJ_USDTshort | +0.0100% | 8h | 7.7060 | −0.721% | $2.7M | $5.0M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7100 | −0.670% | $9.3M | $16.1M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7090 | −0.683% | $14.1M | $10.9M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7300 | −0.412% | $47K | $347K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7131 | −0.630% | $119K | $458K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7360 | −0.335% | $1.8M | $7.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7110 | −0.657% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7140 | −0.618% | $32.1M | $23.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0389% / S −0.0466% | 1h | 7.7086 | −0.688% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0517% | 1h | 7.7242 | −0.487% | $26.0M | $8.9M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7190 | −0.554% | $379K | $685K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1499% | 1h | 7.7620 | long leg | $318K | $12.1M | 30x |
Bybit INJUSDT
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
Bitget INJUSDT
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