Funding you earn now, next payment 01:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h —
Price spread now: Orderly against Reya+0.078%54s7-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 Orderly is 0.078% dearer against Reya than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | 7.8409 | −0.0200 | get 0.0025% / 1h | 56m 29s | — | — | 20x |
| Short | Orderly PERP_INJ_USDC | 7.8470 | 0.0100 | get 0.0100% / 8h | 7h 56m | $38K | $66K | 10x |
Reya INJRUSDPERP
Orderly PERP_INJ_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $62.92
- Price spread: +0.078% → 0.000%
- $7.78
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $58.7
- Costs to cover
- 0.120%
- Break-even
- 0.5 days
Slippage unknown: Reya: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | −0.0258% | 8h | 7.8390 | −0.024% | $22.0M | $32.0M | 50x | as long as short |
| Gate INJ_USDT | −0.0232% | 8h | 7.8480 | +0.091% | $2.8M | $4.9M | 50x | as long as short |
| Reya INJRUSDPERPlong | −0.0200% | 1h | 7.8409 | long leg | — | — | 20x | |
| Deribit INJ_USDC-PERPETUAL | −0.0094% | 1h | 7.8452 | +0.055% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8543 | +0.171% | $91K | $8K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8478 | +0.088% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8469 | +0.076% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDCshort | +0.0100% | 8h | 7.8470 | +0.078% | $38K | $66K | 10x | |
| Aster INJUSDT | +0.0100% | 8h | 7.8535 | +0.161% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8472 | +0.080% | $35.7M | $94.8M | 75x | as long as short |
Bybit INJUSDT
Gate INJ_USDT
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
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 | 7.8430 | +0.027% | $6.4M | $20.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8490 | +0.103% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8450 | +0.052% | $14.5M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8439 | +0.039% | $280K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8540 | +0.167% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8508 | +0.126% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0194% | 1h | 7.8488 | +0.101% | $889K | $3.1M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8490 | +0.103% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8430 | +0.027% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8460 | +0.065% | $31.7M | $22.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8482 | +0.093% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0612% | 1h | 7.8576 | +0.213% | $26.6M | $9.3M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8770 | +0.460% | $385K | $667K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8800 | +0.499% | $329K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
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
Injective INJ/USDC PERP