Funding you earn now, next payment 02:00 UTC−0.0310%/8h= −33.9% APRnext payment −$0.39 per $10,000 · paid last 24h −0.023%
Price spread now: ApeX Omni against Kraken Futures+0.350%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days−0.285%−$28 on $10k
+Price spread, last 3 days (all we have)−0.427%−$43 · spread now +0.350%, 7d avg −0.007%
=The price spread pays, funding is against you. ApeX Omni is 0.357% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.350% now, against its 7-day average of −0.007%): +$36 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.285% in total) that is about 8.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_INJUSD | 7.7299 | 0.0410 | pay 0.0051% / 1h | 46m 50s | $868K | $3.0M | 50x |
| Short | ApeX Omni INJUSDT | 7.7570 | 0.0100 | get 0.0013% / 1h | 46m 50s | $47K | $312K | 50x |
Kraken Futures PF_INJUSD
ApeX Omni INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$65.01
- Price spread: +0.350% → −0.007%
- $35.67
- Slippage, 4 orders
- −$49.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$99.12
- Costs to cover
- 0.698%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; ApeX Omni: live order book, 21 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 Kraken Futures live order book, 2 min ago | 7.10 bp | 13.8 bp −$14 | 42.4 bp −$424 | 2315.3 bp −$231.5K | doesn't fit |
| Sell ApeX Omni live order book, 21 min ago | 7.65 bp | 14.3 bp −$14 | 112.2 bp −$1,122 | 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 | 7.7318 | +0.024% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7336 | +0.047% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7321 | +0.027% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0018% | 1h | 7.7413 | +0.147% | $80K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7251 | −0.063% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7307 | +0.010% | $147K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7298 | −0.001% | $35.2M | $92.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7267 | −0.042% | $21.8M | $31.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7270 | −0.038% | $6.3M | $19.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7240 | −0.077% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7260 | −0.051% | $9.3M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7220 | −0.103% | $14.2M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7673 | +0.483% | $275K | $158K | — | as long as short |
| ApeX Omni INJUSDTshort | +0.0100% | 1h | 7.7570 | +0.350% | $47K | $312K | 50x | |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7320 | +0.027% | $37K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7254 | −0.059% | $115K | $363K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7620 | +0.415% | $1.8M | $6.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7280 | −0.025% | — | $21.4M | — | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0274% / S −0.0211% | 1h | 7.7312 | +0.016% | $30K | — | 100x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7280 | −0.025% | $30.8M | $21.0M | 300x | as long as short |
| Hyperliquid INJ | +0.0335% | 1h | 7.7352 | +0.068% | $26.1M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSDlong | +0.0410% | 1h | 7.7299 | long leg | $868K | $3.0M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8010 | +0.919% | $381K | $636K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.7780 | +0.622% | $324K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP