Funding you earn now, next payment 23:00 UTC+0.0632%/8h= +69.2% APRnext payment +$0.79 per $10,000 · paid last 24h +0.126%
Price spread now: Coinbase International against dYdX+0.845%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.232%+$23 on $10k
+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 +$19 a day on $10k at the current rate, and Coinbase International is 0.845% dearer against dYdX than usual: you sell high and buy low: +$85 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.232% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.79 per $10,000. 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 | dYdX INJ-USD | 7.9200 | 0 | get 0.0000% / 1h | 44m 46s | $91K | $8K | 5x |
| Short | Coinbase International INJ-PERP-INTX | 7.9870 | 0.0632 | get 0.0079% / 1h | 44m 46s | $392K | $728K | 50x |
dYdX INJ-USD
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- $132.72
- Price spread: +0.845% → 0.000%
- $84.53
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $197.25
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 33 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 33 min ago | 10.24 bp | 22.9 bp −$23 | 50.2 bp −$502 | doesn't fit | doesn't fit |
dYdX: 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 | 7.9205 | +0.005% | — | — | 20x | as long as short |
| dYdX INJ-USDlong | 0.0000% | 1h | 7.9200 | long leg | $91K | $8K | 5x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.9253 | +0.066% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.9230 | +0.037% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.9144 | −0.072% | $72K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.9250 | +0.063% | $37K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.9208 | +0.010% | $159K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.9193 | −0.009% | $36.2M | $94.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.9190 | −0.013% | $22.4M | $32.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.9200 | −0.001% | $6.5M | $20.3M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
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 | 7.9160 | −0.051% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.9140 | −0.076% | $9.6M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.9140 | −0.076% | $14.6M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.9315 | +0.145% | $283K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.9830 | +0.795% | $49K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.9146 | −0.069% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0201% | 1h | 7.9302 | +0.128% | $884K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.9230 | +0.037% | $1.8M | $7.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.9170 | −0.039% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.9170 | −0.039% | $32.2M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0357% / S −0.0418% | 1h | 7.9240 | +0.050% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0632% | 1h | 7.9870 | +0.845% | $392K | $728K | 50x | |
| Hyperliquid INJ | +0.0635% | 1h | 7.9255 | +0.069% | $26.9M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9610 | +0.517% | $326K | $12.1M | 30x | as long as short |
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
Injective INJ/USDC PERP