Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against Orderly+0.053%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.053% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_INJ_USDC | 7.5580 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $34K | $94K | 10x |
| Short | BloFin INJ-USDT | 7.5620 | 0.0220 | get 0.0220% / 8h | 4h 25m | $1.7M | $5.9M | 75x |
Orderly PERP_INJ_USDC
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $25.2
- Price spread: +0.053% → 0.000%
- $5.29
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.49
- Costs to cover
- 0.180%
- Break-even
- 3.5 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 8 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 8 min ago | 7.93 bp | 17.3 bp −$17 | 43.4 bp −$434 | 167.6 bp −$16.8K | doesn't fit |
Orderly: 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 INJRUSDPERP | −0.0200% | 1h | 7.5602 | +0.029% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5585 | +0.006% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5606 | +0.034% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5620 | +0.053% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5560 | −0.026% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5695 | +0.153% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5609 | +0.038% | $140K | $422K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5630 | +0.066% | $33.4M | $96.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5630 | +0.066% | $21.1M | $32.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5620 | +0.053% | $6.1M | $19.2M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.5570 | −0.013% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5610 | +0.040% | $9.4M | $17.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5560 | −0.026% | $13.9M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5551 | −0.038% | $265K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5590 | +0.013% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDClong | +0.0100% | 8h | 7.5580 | long leg | $34K | $94K | 10x | |
| Extended INJ-USD | +0.0104% | 1h | 7.5600 | +0.026% | $112K | $366K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.5620 | +0.053% | $1.7M | $5.9M | 75x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5567 | −0.018% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.5590 | +0.013% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5640 | +0.079% | $29.9M | $21.3M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0325% | 1h | 7.5608 | +0.037% | $822K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5850 | +0.357% | $373K | $605K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.5900 | +0.423% | $316K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP