Funding you earn now, next payment 00:00 UTC+0.0203%/8h= +22.2% APRnext payment +$0.25 per $10,000 · paid last 24h +0.061%
Price spread now: Kraken Futures against Deribit+0.052%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.052% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INJ_USDC-PERPETUAL | 7.8700 | 0 | get 0.0000% / 1h | 38m 12s | $7K | $23K | 25x |
| Short | Kraken Futures PF_INJUSD | 7.8741 | 0.0203 | get 0.0025% / 1h | 38m 12s | $906K | $3.1M | 50x |
Deribit INJ_USDC-PERPETUAL
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- $42.6
- Price spread: +0.052% → 0.000%
- $5.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $30.77
- Costs to cover
- 0.170%
- Break-even
- 1.9 days
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 6 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 6 min ago | 8.22 bp | 18.3 bp −$18 | 29.2 bp −$292 | 456.4 bp −$45.6K | doesn't fit |
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 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 | 7.8718 | +0.023% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8732 | +0.040% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.8700 | long leg | $7K | $23K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8727 | +0.035% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8675 | −0.032% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8690 | −0.013% | $37K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8769 | +0.087% | $158K | $449K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8697 | −0.003% | $35.7M | $95.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8690 | −0.013% | $22.2M | $32.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8730 | +0.038% | $6.4M | $20.3M | 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-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.8670 | −0.038% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8710 | +0.013% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8700 | 0.000% | $14.5M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8795 | +0.121% | $281K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8920 | +0.280% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8707 | +0.009% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0203% | 1h | 7.8741 | +0.052% | $906K | $3.1M | 50x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8740 | +0.051% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8710 | +0.013% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8750 | +0.064% | $31.9M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8716 | +0.020% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0553% | 1h | 7.8809 | +0.139% | $26.6M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8880 | +0.229% | $386K | $722K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9180 | +0.610% | $324K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
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