Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.060%
Price spread now: Deribit against KuCoin−0.026%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$3 a day on $10k at the current rate, and Deribit is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 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 | KuCoin INJUSDTM | 7.6140 | 0.0100 | pay 0.0100% / 8h | 3h 29m | $9.5M | $17.6M | 50x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.6120 | 0 | get 0.0000% / 1h | 29m 18s | $6K | $24K | 25x |
KuCoin INJUSDTM
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against KuCoin. 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
- Price spread: −0.026% → 0.000%
- −$2.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$42.63
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; Deribit: 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 KuCoin live order book, 4 min ago | 2.61 bp | 23.4 bp −$23 | 46.9 bp −$469 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0232% | 1h | 7.6354 | +0.281% | $786K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6171 | +0.041% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6317 | +0.233% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | 0.0000% | 1h | 7.6120 | −0.026% | $6K | $24K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6138 | −0.003% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6096 | −0.058% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6140 | 0.000% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6271 | +0.172% | $25.7M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6233 | +0.122% | $140K | $417K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6150 | +0.013% | $33.3M | $96.2M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
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 | 7.6120 | −0.026% | $21.2M | $31.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6120 | −0.026% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6150 | +0.013% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.6140 | long leg | $9.5M | $17.6M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.6090 | −0.066% | $14.0M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6552 | +0.541% | $269K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6580 | +0.578% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6258 | +0.156% | $113K | $359K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6590 | +0.591% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6150 | +0.013% | — | $21.0M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6200 | +0.079% | $30.0M | $21.4M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6149 | +0.011% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6700 | +0.735% | $371K | $620K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6620 | +0.630% | $319K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
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
Injective INJ/USDC PERP