Funding you earn now, next payment 00:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h —
Price spread now: Reya against Bybit+0.196%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Reya is 0.196% dearer against Bybit than usual: you sell high and buy low (spread +0.196% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 56 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 | Bybit INJUSDT | 7.8659 | 0.0100 | pay 0.0100% / 8h | 39m 34s | $22.2M | $32.3M | 50x |
| Short | Reya INJRUSDPERP | 7.8813 | −0.0200 | pay 0.0025% / 1h | 39m 34s | — | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bybit. 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
- −$62.94
- Price spread: +0.196% → 0.000%
- $19.58
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$60.35
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 min ago; Reya: 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 Bybit live order book, 4 min ago | 0.63 bp | 18.9 bp −$19 | 49.3 bp −$493 | 173.4 bp −$17.3K | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 INJRUSDPERPshort | −0.0200% | 1h | 7.8813 | +0.196% | — | — | 20x | |
| dYdX INJ-USD | 0.0000% | 1h | 7.8732 | +0.092% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8847 | +0.239% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8827 | +0.213% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8791 | +0.168% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8810 | +0.192% | $37K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8809 | +0.191% | $158K | $449K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8763 | +0.132% | $35.9M | $95.0M | 75x | as long as short |
| Bybit INJUSDTlong | +0.0100% | 8h | 7.8659 | long leg | $22.2M | $32.3M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8700 | +0.052% | $6.5M | $20.3M | 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 | 7.8750 | +0.116% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8760 | +0.128% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8770 | +0.141% | $14.5M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8795 | +0.173% | $281K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8920 | +0.332% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8772 | +0.143% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0202% | 1h | 7.8915 | +0.325% | $908K | $3.1M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8810 | +0.192% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8760 | +0.128% | — | $21.6M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8780 | +0.154% | $32.0M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8814 | +0.197% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0568% | 1h | 7.8910 | +0.319% | $26.7M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9020 | +0.459% | $387K | $722K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9310 | +0.828% | $325K | $12.1M | 30x | as long as short |
Bybit INJUSDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP