Funding you earn now, next payment 00:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.071%
Price spread now: Coinbase International against BloFin+0.064%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.064%, 7d avg +0.149%
=Funding pays, the price is against you. Coinbase International is 0.085% cheaper against BloFin than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.149%). If the spread goes back, that is −$9 on $10k: about 17 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment. 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 | BloFin INJ-USDT | 7.8670 | 0.0220 | pay 0.0220% / 8h | 7h 48m | $1.8M | $7.7M | 75x |
| Short | Coinbase International INJ-PERP-INTX | 7.8720 | 0.0632 | get 0.0079% / 1h | 48m 48s | $385K | $663K | 50x |
BloFin INJ-USDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $86.52
- Price spread: +0.064% → +0.149%
- −$8.53
- Slippage, 4 orders
- −$55.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $0.94
- Costs to cover
- 0.771%
- Break-even
- 6.9 days
Slippage from BloFin: live order book, 5 min ago; Coinbase International: live order book, 24 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, 5 min ago | 1.91 bp | 12.9 bp −$13 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 24 min ago | 9.56 bp | 24.9 bp −$25 | 63.3 bp −$633 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | −0.0344% | 8h | 7.8610 | −0.076% | $22.0M | $31.8M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8591 | −0.101% | — | — | 20x | as long as short |
| Gate INJ_USDT | −0.0061% | 8h | 7.8640 | −0.038% | $2.8M | $4.9M | 50x | as long as short |
| ApeX Omni INJUSDT | −0.0025% | 1h | 7.8570 | −0.127% | $48K | $349K | 50x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8667 | −0.003% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8679 | +0.011% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8605 | −0.083% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0096% | 8h | 7.8483 | −0.238% | $280K | $160K | — | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8487 | −0.233% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8630 | −0.051% | $38K | $66K | 10x | as long as short |
Bybit INJUSDT
Reya INJRUSDPERP
Gate INJ_USDT
ApeX Omni INJUSDT
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Aevo INJ-PERP
Orderly PERP_INJ_USDCShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INJUSDT | +0.0100% | 8h | 7.8677 | +0.009% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8721 | +0.065% | $35.8M | $94.1M | 75x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8660 | −0.013% | $6.4M | $20.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8690 | +0.025% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8660 | −0.013% | $14.5M | $10.4M | 75x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8686 | +0.021% | $117K | $520K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0194% | 1h | 7.8694 | +0.030% | $889K | $3.0M | 50x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.8670 | long leg | $1.8M | $7.7M | 75x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.8640 | −0.038% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8680 | +0.013% | $31.8M | $22.6M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8622 | −0.060% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0626% | 1h | 7.8811 | +0.179% | $26.6M | $9.2M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0632% | 1h | 7.8720 | +0.064% | $385K | $663K | 50x | |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8850 | +0.229% | $329K | $12.1M | 30x | as long as short |
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
Bitget INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Injective INJ/USDC PERP