Funding arb · Price arb /

INJ

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Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h —

Price spread now: Aevo against Reya−0.039%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.039% cheaper against Reya than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya INJRUSDPERP	7.7650	−0.0200	get 0.0025% / 1h	53m 38s	—	—	20x
Short	Aevo INJ-PERP	7.7620	0.0096	get 0.0012% / 1h	53m 38s	$70K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee AevobpOrdersPrice spread, now −0.039%Rate

Funding earned: $62.1
Price spread: −0.039% → 0.000%: −$3.9
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: $36.2
Costs to cover: 0.220%
Break-even: 2.9 days

Slippage unknown: Reya: no order-book sample; Aevo: 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 Reya no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Reya and Aevo: 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 INJRUSDPERPlong	−0.0200%	1h	7.7650	long leg	—	—	20x
dYdX INJ-USD	0.0000%	1h	7.7618	−0.042%	$80K	$17K	5x	as long as short
gTrade (Gains Network) INJ/USD	L +0.0007% / S −0.0022%	1h	7.7629	−0.027%	$18K	—	150x	as long as short
Aevo INJ-PERPshort	+0.0096%	1h	7.7620	−0.039%	$70K	—	3x
Orderly PERP_INJ_USDC	+0.0100%	8h	7.7650	0.000%	$34K	$72K	10x	as long as short
Aster INJUSDT	+0.0100%	8h	7.7670	+0.025%	$149K	$445K	20x	as long as short
Binance INJUSDT	+0.0100%	8h	7.7680	+0.038%	$34.5M	$103.7M	75x	as long as short
Bybit INJUSDT	+0.0100%	8h	7.7626	−0.031%	$21.6M	$32.8M	50x	as long as short
OKX INJ-USDT-SWAP	+0.0100%	8h	7.7690	+0.051%	$6.1M	$20.9M	50x	as long as short
Gate INJ_USDT	+0.0100%	8h	7.7650	0.000%	$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	7.7680	+0.038%	$8.6M	$18.7M	50x	as long as short
Bitget INJUSDT	+0.0100%	8h	7.7650	0.000%	$14.2M	$12.0M	75x	as long as short
Variational Omni INJ	+0.0100%	8h	7.7492	−0.204%	$275K	$144K	—	as long as short
ApeX Omni INJUSDT	+0.0100%	1h	7.7480	−0.219%	$46K	$266K	50x	as long as short
Extended INJ-USD	+0.0104%	1h	7.7668	+0.023%	$120K	$645K	10x	as long as short
BloFin INJ-USDT	+0.0220%	8h	7.7550	−0.129%	$1.7M	$5.8M	75x	as long as short
BingX INJ-USDT	+0.0248%	8h	7.7680	+0.038%	—	$21.6M	—	as long as short
MEXC INJ_USDT	+0.0261%	8h	7.7660	+0.013%	$31.3M	$20.7M	300x	as long as short
GMX INJ/USD [WBTC.b-USDC]	L +0.0326% / S −0.0344%	1h	7.7615	−0.045%	$40K	—	100x	as long as short
Deribit INJ_USDC-PERPETUAL	+0.0459%	1h	7.7678	+0.036%	$6K	$26K	25x	as long as short
Hyperliquid INJ	+0.0632%	1h	7.7779	+0.166%	$26.1M	$8.8M	5x	as long as short
Coinbase International INJ-PERP-INTX	+0.0680%	1h	7.7800	+0.193%	$387K	$747K	50x	as long as short
Kraken Futures PF_INJUSD	+0.0828%	1h	7.7712	+0.079%	$825K	$3.8M	50x	as long as short
Injective INJ/USDC PERP	+0.1302%	1h	7.7790	+0.180%	$318K	$10.4M	30x	as long as short