Funding you earn now, next payment 10:00 UTC−0.0601%/8h= −65.8% APRnext payment −$0.75 per $10,000 · paid last 24h −0.162%
Price spread now: Deribit against Coinbase International−0.296%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 −$18 a day on $10k at the current rate, and Deribit is 0.296% cheaper against Coinbase International than usual: you would sell low and buy high (−$30 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 | Coinbase International INJ-PERP-INTX | 7.7240 | 0.0728 | pay 0.0091% / 1h | 6m 57s | $389K | $644K | 50x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.7011 | 0.0127 | get 0.0016% / 1h | 6m 57s | $5K | $10K | 25x |
Coinbase International INJ-PERP-INTX
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- −$126.21
- Price spread: −0.296% → 0.000%
- −$29.65
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$172.86
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 39 min ago; Deribit: 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 Coinbase International live order book, 39 min ago | 9.77 bp | 36.6 bp −$37 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 exchanges
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 | 7.7045 | −0.253% | — | — | 20x | as long as short |
| dYdX INJ-USD | +0.0005% | 1h | 7.7169 | −0.092% | $79K | $14K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0008% / S −0.0024% | 1h | 7.7084 | −0.202% | $18K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6977 | −0.341% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7000 | −0.311% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7030 | −0.272% | $145K | $294K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7021 | −0.284% | $34.2M | $94.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6960 | −0.363% | $20.9M | $29.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6960 | −0.363% | $5.8M | $20.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6970 | −0.350% | $2.7M | $5.4M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6980 | −0.337% | $8.5M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7000 | −0.311% | $14.2M | $10.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6996 | −0.316% | $276K | $106K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7060 | −0.233% | $46K | $263K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6991 | −0.322% | $115K | $650K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | +0.0127% | 1h | 7.7011 | −0.296% | $5K | $10K | 25x | |
| Hyperliquid INJ | +0.0135% | 1h | 7.7091 | −0.194% | $25.9M | $7.8M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7040 | −0.259% | $1.6M | $5.2M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7000 | −0.311% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7010 | −0.298% | $30.1M | $20.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0428% / S −0.0611% | 1h | 7.6975 | −0.343% | $60K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0728% | 1h | 7.7240 | long leg | $389K | $644K | 50x | |
| Kraken Futures PF_INJUSD | +0.1024% | 1h | 7.7040 | −0.258% | $885K | $3.4M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1301% | 1h | 7.7390 | +0.194% | $317K | $15.3M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Hyperliquid INJ
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP