Funding you earn now, next payment 02:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.048%
Price spread now: ApeX Omni against BloFin−0.386%583s7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.523% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 3 days (all we have)+0.352%+$35 · spread now −0.386%, 7d avg +0.072%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.458% cheaper against BloFin than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.072%). Swap the legs. The two prices were read 583 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 | BloFin INJ-USDT | 7.7620 | 0.0220 | pay 0.0220% / 8h | 6h 38m | $1.8M | $6.7M | 75x |
| Short | ApeX Omni INJUSDT | 7.7320 | 0.0100 | get 0.0013% / 1h | 38m 00s | $46K | $313K | 50x |
BloFin INJ-USDT
ApeX Omni INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- −$25.2
- Price spread: −0.386% → +0.072%
- −$45.8
- Slippage, 4 orders
- −$30.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$123.27
- Costs to cover
- 0.523%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; ApeX Omni: live order book, 29 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 BloFin live order book, 11 min ago | 3.87 bp | 12.8 bp −$13 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 29 min ago | 7.65 bp | 14.3 bp −$14 | 112.2 bp −$1,122 | 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 | 7.7076 | −0.701% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7045 | −0.741% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7082 | −0.693% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0039% | 1h | 7.7073 | −0.704% | $80K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7024 | −0.768% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7073 | −0.704% | $147K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7133 | −0.628% | $35.0M | $92.5M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7151 | −0.604% | $21.8M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7130 | −0.631% | $6.3M | $18.9M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7010 | −0.786% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7080 | −0.696% | $9.2M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7040 | −0.747% | $14.2M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7073 | −0.705% | $274K | $156K | — | as long as short |
| ApeX Omni INJUSDTshort | +0.0100% | 1h | 7.7320 | −0.386% | $46K | $313K | 50x | |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7060 | −0.721% | $37K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7091 | −0.681% | $114K | $363K | 10x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.7620 | long leg | $1.8M | $6.7M | 75x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.7080 | −0.696% | — | $21.4M | — | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0273% / S −0.0211% | 1h | 7.7028 | −0.763% | $30K | — | 100x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7070 | −0.709% | $31.0M | $21.2M | 300x | as long as short |
| Hyperliquid INJ | +0.0327% | 1h | 7.7179 | −0.568% | $26.0M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0411% | 1h | 7.7066 | −0.713% | $870K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.7100 | −0.670% | $377K | $613K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.7160 | −0.593% | $322K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Orderly PERP_INJ_USDC
Extended INJ-USD
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP