Funding you earn now, next payment 11:00 UTC−0.0999%/8h= −109.4% APRnext payment −$1.25 per $10,000 · paid last 24h −0.059%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and gTrade (Gains Network) is 0.118% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 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 | Kraken Futures PF_INJUSD | 7.7131 | 0.1023 | pay 0.0128% / 1h | 8m 31s | $886K | $3.4M | 50x |
| Short | gTrade (Gains Network) INJ/USD | 7.7040 | L +0.0008% / S −0.0024% | get 0.0003% / 1h | 8m 31s | $18K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$209.79
- Price spread: −0.118% → 0.000%
- −$11.81
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$241.6
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 3 min ago | 8.42 bp | 15.8 bp −$16 | 45.6 bp −$456 | 2492.3 bp −$249.2K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 exchanges
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 | 7.7029 | −0.133% | — | — | 20x | as long as short |
| dYdX INJ-USD | +0.0005% | 1h | 7.7169 | +0.049% | $79K | $14K | 5x | as long as short |
| gTrade (Gains Network) INJ/USDshort | L +0.0008% / S −0.0024% | 1h | 7.7040 | −0.118% | $18K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7062 | −0.090% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7080 | −0.066% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7128 | −0.004% | $145K | $294K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7138 | +0.008% | $34.2M | $94.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7069 | −0.080% | $20.9M | $29.4M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7050 | −0.105% | $5.8M | $20.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7110 | −0.027% | $2.7M | $5.4M | 50x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7110 | −0.027% | $8.5M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7090 | −0.053% | $14.2M | $10.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6996 | −0.175% | $276K | $106K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7020 | −0.144% | $46K | $264K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7144 | +0.017% | $115K | $650K | 10x | as long as short |
| Hyperliquid INJ | +0.0133% | 1h | 7.7301 | +0.220% | $26.0M | $7.8M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7150 | +0.025% | $1.6M | $5.2M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7110 | −0.027% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7130 | −0.001% | $30.1M | $20.5M | 300x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0269% | 1h | 7.7105 | −0.034% | $5K | $10K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0429% / S −0.0611% | 1h | 7.7065 | −0.086% | $60K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0728% | 1h | 7.7270 | +0.180% | $389K | $645K | 50x | as long as short |
| Kraken Futures PF_INJUSDlong | +0.1023% | 1h | 7.7131 | long leg | $886K | $3.4M | 50x | |
| Injective INJ/USDC PERP | +0.1301% | 1h | 7.7390 | +0.336% | $317K | $15.3M | 30x | as long as short |
Kraken Futures PF_INJUSD
gTrade (Gains Network) INJ/USD
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
Hyperliquid INJ
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP