Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.004%
Price spread now: Deribit against Variational Omni+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Deribit is 0.052% dearer against Variational Omni than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni INJ | 7.7905 | 0.0100 | pay 0.0100% / 8h | 1h 13m | $275K | $157K | — |
| Short | Deribit INJ_USDC-PERPETUAL | 7.7946 | 0 | get 0.0000% / 1h | 13m 00s | $7K | $23K | 25x |
Variational Omni INJ
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- −$21
- Price spread: +0.052% → 0.000%
- $5.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.77
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 6 min ago; Deribit: 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 Variational Omni RFQ quote, 6 min ago | 3.35 bp | doesn't fit | 44.0 bp −$440 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | 7.7864 | −0.052% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | 0.0000% | 1h | 7.7946 | +0.052% | $7K | $23K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7910 | +0.006% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0008% | 1h | 7.7930 | +0.031% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7899 | −0.008% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.7910 | +0.006% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7969 | +0.082% | $869K | $3.0M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7940 | +0.045% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7958 | +0.068% | $35.6M | $93.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7910 | +0.006% | $21.6M | $31.6M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit 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 | 7.7930 | +0.032% | $6.4M | $20.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7920 | +0.019% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7940 | +0.045% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7910 | +0.006% | $14.3M | $10.7M | 75x | as long as short |
| Variational Omni INJlong | +0.0100% | 8h | 7.7905 | long leg | $275K | $157K | — | |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8010 | +0.134% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7923 | +0.022% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7940 | +0.045% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7930 | +0.032% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7950 | +0.057% | $31.8M | $23.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7896 | −0.012% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0632% | 1h | 7.8038 | +0.170% | $26.5M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8050 | +0.186% | $383K | $713K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8260 | +0.455% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
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