Funding you earn now, next payment 06:00 UTC+0.0364%/8h= +39.9% APRnext payment +$0.46 per $10,000 · paid last 24h +0.140%
Price spread now: Coinbase International against ApeX Omni+0.418%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$800.804% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.418%, 7d avg +0.080%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.338% dearer against ApeX Omni than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.080%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni INJUSDT | 7.6480 | 0.0100 | pay 0.0013% / 1h | 20m 35s | $46K | $269K | 50x |
| Short | Coinbase International INJ-PERP-INTX | 7.6800 | 0.0464 | get 0.0058% / 1h | 20m 35s | $383K | $674K | 50x |
ApeX Omni INJUSDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX 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
- $76.44
- Price spread: +0.418% → +0.080%
- $33.84
- Slippage, 4 orders
- −$60.39
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $29.89
- Costs to cover
- 0.804%
- Break-even
- 4.3 days
Slippage from ApeX Omni: live order book, 21 min ago; Coinbase International: live order book, 23 min ago.
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 ApeX Omni live order book, 21 min ago | 5.87 bp | 12.0 bp −$12 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 23 min ago | 11.71 bp | 27.0 bp −$27 | 65.2 bp −$652 | doesn't fit | doesn't fit |
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 | 7.6432 | −0.063% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6436 | −0.057% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0014% | 1h | 7.6421 | −0.077% | $79K | $17K | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6504 | +0.031% | $779K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6456 | −0.031% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6450 | −0.039% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6496 | +0.021% | $139K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6520 | +0.052% | $33.8M | $97.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6481 | +0.001% | $21.1M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6490 | +0.013% | $6.2M | $19.1M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6500 | +0.026% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6500 | +0.026% | $8.5M | $18.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6490 | +0.013% | $14.0M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6412 | −0.089% | $271K | $150K | — | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.6480 | long leg | $46K | $269K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.6502 | +0.029% | $114K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6480 | 0.000% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6500 | +0.026% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6520 | +0.052% | $29.9M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6433 | −0.061% | $29K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0326% | 1h | 7.6585 | +0.137% | $25.7M | $8.6M | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0443% | 1h | 7.6497 | +0.022% | $7K | $25K | 25x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0464% | 1h | 7.6800 | +0.418% | $383K | $674K | 50x | |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6870 | +0.510% | $320K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Deribit INJ_USDC-PERPETUAL
Injective INJ/USDC PERP