Funding you earn now, next payment 02:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h —
Price spread now: Binance against Reya+0.096%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.096% dearer against Reya than usual: you sell high and buy low: +$10 more if the spread 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 | Reya INJRUSDPERP | 7.8308 | −0.0200 | get 0.0025% / 1h | 26m 07s | — | — | 20x |
| Short | Binance INJUSDT | 7.8383 | 0.0100 | get 0.0100% / 8h | 6h 26m | $35.6M | $91.6M | 75x |
Reya INJRUSDPERP
Binance INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Reya. 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
- $62.94
- Price spread: +0.096% → 0.000%
- $9.58
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $56.52
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: Reya: no order-book sample; Binance: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.64 bp | 10.9 bp −$11 | 29.0 bp −$290 | 118.5 bp −$11.9K | doesn't fit |
Reya: 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 23 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 | 7.8308 | long leg | — | — | 20x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8300 | −0.010% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0025% | 1h | 7.8207 | −0.129% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8328 | +0.026% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8299 | −0.011% | $149K | $424K | 20x | as long as short |
| Binance INJUSDTshort | +0.0100% | 8h | 7.8383 | +0.096% | $35.6M | $91.6M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.8343 | +0.045% | $22.1M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8350 | +0.054% | $6.4M | $19.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8300 | −0.010% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8330 | +0.029% | $9.4M | $16.5M | 50x | as long as short |
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8330 | +0.029% | $14.4M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8292 | −0.020% | $275K | $152K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7770 | −0.687% | $47K | $281K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8340 | +0.041% | $35K | $80K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8345 | +0.048% | $116K | $365K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0248% | 1h | 7.8361 | +0.068% | $6K | $24K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.8296 | −0.015% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8350 | +0.054% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8360 | +0.067% | $31.7M | $21.3M | 300x | as long as short |
| Hyperliquid INJ | +0.0372% | 1h | 7.8415 | +0.137% | $26.4M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0404% | 1h | 7.8373 | +0.084% | $880K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8350 | +0.054% | $383K | $602K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8140 | −0.214% | $326K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP