Funding you earn now, next payment 00:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h −0.039%
Price spread now: Gate against Kraken Futures−0.087%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$650.655% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.087%, 7d avg −0.096%
=The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_INJUSD | 7.8618 | 0.0203 | pay 0.0025% / 1h | 2m 05s | $892K | $3.1M | 50x |
| Short | Gate INJ_USDT | 7.8550 | 0.0100 | get 0.0100% / 8h | 2m 05s | $2.8M | $5.1M | 50x |
Kraken Futures PF_INJUSD
Gate INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21.67
- Price spread: −0.087% → −0.096%
- $0.96
- Slippage, 4 orders
- −$40.48
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.19
- Costs to cover
- 0.655%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Gate: live order book, 1 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 | 5.09 bp | 18.7 bp −$19 | 31.7 bp −$317 | 2154.8 bp −$215.5K | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.18 bp | 18.8 bp −$19 | 49.4 bp −$494 | 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 | 7.8542 | −0.098% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8589 | −0.037% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8588 | −0.038% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8586 | −0.041% | $3K | — | 150x | as long as short |
| Bybit INJUSDT | +0.0095% | 8h | 7.8512 | −0.135% | $22.0M | $32.0M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8556 | −0.079% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8570 | −0.061% | $38K | $66K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8639 | +0.027% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8582 | −0.046% | $35.7M | $94.9M | 75x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8520 | −0.125% | $6.4M | $20.1M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Bybit INJUSDT
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDTshort | +0.0100% | 8h | 7.8550 | −0.087% | $2.8M | $5.1M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8570 | −0.061% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8550 | −0.087% | $14.5M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8254 | −0.463% | $279K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8490 | −0.163% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8566 | −0.066% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSDlong | +0.0203% | 1h | 7.8618 | long leg | $892K | $3.1M | 50x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8550 | −0.087% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8560 | −0.074% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8580 | −0.049% | $31.8M | $22.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8586 | −0.041% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0569% | 1h | 7.8691 | +0.093% | $26.6M | $9.3M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8770 | +0.193% | $385K | $718K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.8890 | +0.346% | $329K | $12.1M | 30x | as long as short |
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]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP