Funding you earn now, next payment 01:00 UTC+0.1635%/8h= +179.1% APRnext payment +$2.04 per $10,000 · paid last 24h —
Price spread now: Injective against Reya+0.149%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—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Injective is 0.149% dearer against Reya than usual: you sell high and buy low: +$15 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 | Reya INJRUSDPERP | 7.8303 | −0.0200 | get 0.0025% / 1h | 9m 53s | — | — | 20x |
| Short | Injective INJ/USDC PERP | 7.8420 | 0.1436 | get 0.0179% / 1h | 9m 53s | $327K | $12.1M | 30x |
Reya INJRUSDPERP
Injective INJ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $343.41
- Price spread: +0.149% → 0.000%
- $14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $352.33
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Injective: live order book, 4 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 Injective live order book, 4 min ago | 8.30 bp | 8.3 bp −$8 | 28.5 bp −$285 | doesn't fit | 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 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 | 7.8303 | long leg | — | — | 20x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8293 | −0.013% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8328 | +0.031% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0035% | 1h | 7.8257 | −0.059% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8260 | −0.055% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8309 | +0.008% | $150K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8339 | +0.045% | $35.7M | $92.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8302 | −0.001% | $22.0M | $31.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8310 | +0.009% | $6.4M | $19.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8260 | −0.055% | $2.8M | $4.9M | 50x | as long as short |
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8340 | +0.047% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8330 | +0.034% | $14.4M | $10.1M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8262 | −0.052% | $279K | $154K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8160 | −0.183% | $48K | $313K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8300 | −0.004% | $38K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8312 | +0.012% | $116K | $469K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0195% | 1h | 7.8322 | +0.024% | $887K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8250 | −0.068% | $1.8M | $7.3M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8320 | +0.022% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8340 | +0.047% | $31.8M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8313 | +0.012% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0436% | 1h | 7.8393 | +0.115% | $26.4M | $8.9M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8410 | +0.137% | $384K | $637K | 50x | as long as short |
| Injective INJ/USDC PERPshort | +0.1436% | 1h | 7.8420 | +0.149% | $327K | $12.1M | 30x |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX