Funding you earn now, next payment 07:00 UTC−0.0077%/8h= −8.4% APRpaid last 24h −0.025%
Price spread now: dYdX against Binance−0.036%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.036% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INJUSDT | 7.6593 | 0.0100 | pay 0.0100% / 8h | 1h 11m | $33.8M | $97.5M | 75x |
| Short | dYdX INJ-USD | 7.6565 | 0.0023 | get 0.0003% / 1h | 11m 40s | $79K | $17K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Binance. 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
- −$16.13
- Price spread: −0.036% → 0.000%
- −$3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$39.7
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; dYdX: 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 Binance live order book, 1 min ago | 0.65 bp | 9.3 bp −$9 | 19.6 bp −$196 | 161.1 bp −$16.1K | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | 7.6540 | −0.069% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6653 | +0.079% | $19K | — | 150x | as long as short |
| dYdX INJ-USDshort | +0.0023% | 1h | 7.6565 | −0.036% | $79K | $17K | 5x | |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6604 | +0.015% | $780K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6555 | −0.049% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6570 | −0.030% | $34K | $82K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6608 | +0.020% | $138K | $427K | 20x | as long as short |
| Binance INJUSDTlong | +0.0100% | 8h | 7.6593 | long leg | $33.8M | $97.5M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.6560 | −0.043% | $21.1M | $31.4M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6540 | −0.069% | $6.2M | $19.1M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6570 | −0.030% | $2.6M | $5.4M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6590 | −0.004% | $8.5M | $18.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6530 | −0.082% | $14.0M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6562 | −0.041% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6660 | +0.088% | $46K | $268K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6579 | −0.018% | $114K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6630 | +0.049% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6580 | −0.017% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6580 | −0.017% | $29.9M | $20.2M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6530 | −0.082% | $29K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0338% | 1h | 7.6605 | +0.016% | $7K | $25K | 25x | as long as short |
| Hyperliquid INJ | +0.0360% | 1h | 7.6653 | +0.079% | $25.7M | $8.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6800 | +0.271% | $383K | $672K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.7020 | +0.558% | $321K | $12.1M | 30x | as long as short |
Binance INJUSDT
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP