Funding you earn now, next payment 09:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h −0.025%
Price spread now: gTrade (Gains Network) against Orderly−0.053%63s7-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 −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.053% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | 7.7670 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $34K | $72K | 10x |
| Short | gTrade (Gains Network) INJ/USD | 7.7629 | L +0.0007% / S −0.0022% | get 0.0003% / 1h | 52m 32s | $18K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$16.3
- Price spread: −0.053% → 0.000%
- −$5.28
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$37.58
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Orderly and 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 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 | 7.7888 | +0.280% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7723 | +0.068% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USDshort | L +0.0007% / S −0.0022% | 1h | 7.7629 | −0.053% | $18K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7659 | −0.014% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDClong | +0.0100% | 8h | 7.7670 | long leg | $34K | $72K | 10x | |
| Aster INJUSDT | +0.0100% | 8h | 7.7904 | +0.301% | $150K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7960 | +0.373% | $34.6M | $103.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7910 | +0.309% | $21.6M | $32.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7930 | +0.335% | $6.1M | $21.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7870 | +0.257% | $2.7M | $5.8M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7930 | +0.335% | $8.6M | $18.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7900 | +0.296% | $14.3M | $12.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7492 | −0.229% | $275K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7470 | −0.257% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7872 | +0.259% | $120K | $645K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7720 | +0.064% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7870 | +0.257% | — | $21.6M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7870 | +0.257% | $31.3M | $20.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0326% / S −0.0344% | 1h | 7.7622 | −0.062% | $40K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0484% | 1h | 7.7700 | +0.039% | $6K | $26K | 25x | as long as short |
| Hyperliquid INJ | +0.0668% | 1h | 7.8005 | +0.431% | $26.2M | $8.8M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0680% | 1h | 7.7800 | +0.167% | $387K | $747K | 50x | as long as short |
| Kraken Futures PF_INJUSD | +0.0828% | 1h | 7.7735 | +0.083% | $825K | $3.7M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1302% | 1h | 7.8090 | +0.541% | $319K | $10.4M | 30x | as long as short |
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
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP