Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against Orderly−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% cheaper against Orderly than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_INJ_USDC | 7.7960 | 0.0099 | pay 0.0099% / 8h | 1h 11m | $38K | $63K | 10x |
| Short | Bybit INJUSDT | 7.7920 | 0.0100 | get 0.0100% / 8h | 1h 11m | $21.6M | $31.6M | 50x |
Orderly PERP_INJ_USDC
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.27
- Price spread: −0.051% → 0.000%
- −$5.13
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.86
- Costs to cover
- 0.170%
- Break-even
- 580.9 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 0.64 bp | 25.2 bp −$25 | 46.8 bp −$468 | 135.8 bp −$13.6K | 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 | 7.7917 | −0.055% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7972 | +0.015% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7940 | −0.026% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0008% | 1h | 7.7930 | −0.039% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7941 | −0.025% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDClong | +0.0099% | 8h | 7.7960 | long leg | $38K | $63K | 10x | |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7991 | +0.040% | $869K | $3.0M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7967 | +0.009% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7965 | +0.006% | $35.6M | $93.5M | 75x | as long as short |
| Bybit INJUSDTshort | +0.0100% | 8h | 7.7920 | −0.051% | $21.6M | $31.6M | 50x |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7930 | −0.038% | $6.4M | $20.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7930 | −0.038% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7940 | −0.026% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7930 | −0.038% | $14.3M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7905 | −0.070% | $275K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7960 | 0.000% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7951 | −0.011% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7940 | −0.026% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7950 | −0.013% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7950 | −0.013% | $31.8M | $23.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.7952 | −0.010% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0626% | 1h | 7.8064 | +0.133% | $26.5M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8050 | +0.115% | $383K | $713K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8260 | +0.385% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
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