Funding you earn now, next payment 23:00 UTC−0.1567%/8h= −171.6% APRnext payment −$1.96 per $10,000 · paid last 24h —
Price spread now: Reya against Injective−0.425%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and Reya is 0.425% cheaper against Injective than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INJ/USDC PERP | 7.8180 | 0.1367 | pay 0.0171% / 1h | 31m 00s | $320K | $12.1M | 30x |
| Short | Reya INJRUSDPERP | 7.7848 | −0.0200 | pay 0.0025% / 1h | 31m 00s | — | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$329.03
- Price spread: −0.425% → 0.000%
- −$42.5
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$377.55
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 3 min ago; Reya: no order-book sample. Net counts fees only.
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, 3 min ago | 17.31 bp | 28.3 bp −$28 | 2837.3 bp −$28.4K | 118372.8 bp −$11.84M | 631863.8 bp −$315.93M |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 INJRUSDPERPshort | −0.0200% | 1h | 7.7848 | −0.425% | — | — | 20x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7829 | −0.449% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7848 | −0.424% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0014% | 1h | 7.7810 | −0.473% | $90K | $7K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7798 | −0.489% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7830 | −0.448% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7828 | −0.451% | $871K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7874 | −0.392% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7809 | −0.474% | $35.6M | $94.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7710 | −0.601% | $21.6M | $31.7M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7750 | −0.550% | $6.4M | $20.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7830 | −0.448% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7810 | −0.473% | $9.5M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7770 | −0.524% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7746 | −0.555% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7920 | −0.333% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7832 | −0.445% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7820 | −0.460% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7840 | −0.435% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7780 | −0.512% | $31.6M | $22.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7845 | −0.429% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.115% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJ | +0.0765% | 1h | 7.7917 | −0.336% | $26.5M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERPlong | +0.1367% | 1h | 7.8180 | long leg | $320K | $12.1M | 30x |
Injective INJ/USDC PERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
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]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ