Funding you earn now, next payment 23:00 UTC+0.1267%/8h= +138.8% APRpaid last 24h +0.308%
Price spread now: Injective against Bitget+0.256%7-day average +0.292% · you sell dearer than you buy
Net, funding: paid 7d − costs+$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days+1.786%+$179 on $10k
+Price spread, last 3 days (all we have)+0.191%+$19 · spread now +0.256%, 7d avg +0.292%
=Funding pays, the price is against you. Injective is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread +0.256% now, against its 7-day average of +0.292%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$38 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INJUSDT | 7.8080 | 0.0100 | pay 0.0100% / 8h | 1h 19m | $14.3M | $10.7M | 75x |
| Short | Injective INJ/USDC PERP | 7.8280 | 0.1367 | get 0.0171% / 1h | 19m 01s | $320K | $12.1M | 30x |
Bitget INJUSDT
Injective INJ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- $266.1
- Price spread: +0.256% → +0.292%
- −$3.59
- Slippage, 4 orders
- −$59.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $190.51
- Costs to cover
- 0.720%
- Break-even
- 2.0 days
Slippage from Bitget: live order book, 5 min ago; Injective: live order book, 5 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 Bitget live order book, 5 min ago | 2.57 bp | 10.9 bp −$11 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Injective live order book, 5 min ago | 19.84 bp | 19.8 bp −$20 | 40.2 bp −$402 | 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 | 7.7988 | −0.118% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8022 | −0.074% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8030 | −0.064% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0010% | 1h | 7.8110 | +0.038% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7998 | −0.105% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8020 | −0.077% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8086 | +0.008% | $873K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8112 | +0.041% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8111 | +0.039% | $35.7M | $93.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8050 | −0.038% | $21.7M | $31.6M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
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 | 7.8060 | −0.026% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8070 | −0.013% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8090 | +0.013% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDTlong | +0.0100% | 8h | 7.8080 | long leg | $14.3M | $10.7M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.8005 | −0.096% | $275K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8160 | +0.102% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8096 | +0.020% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8080 | 0.000% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8070 | −0.013% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8100 | +0.026% | $32.0M | $23.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.8013 | −0.085% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8340 | +0.333% | $384K | $715K | 50x | as long as short |
| Hyperliquid INJ | +0.0678% | 1h | 7.8196 | +0.149% | $26.6M | $9.5M | 5x | as long as short |
| Injective INJ/USDC PERPshort | +0.1367% | 1h | 7.8280 | +0.256% | $320K | $12.1M | 30x |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ