Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%
Price spread now: Binance against Extended+0.050%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.050%, 7d avg +0.023%
=Together, before fees+0.014%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.027% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended INJ-USD | 7.8091 | 0.0104 | pay 0.0013% / 1h | 56m 15s | $117K | $364K | 10x |
| Short | Binance INJUSDT | 7.8130 | 0.0100 | get 0.0100% / 8h | 5h 56m | $35.5M | $90.0M | 75x |
Extended INJ-USD
Binance INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: +0.050% → +0.023%
- $2.74
- Slippage, 4 orders
- −$28.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.99
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Binance: live order book, 1 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 Extended live order book, 6 min ago | 2.24 bp | 11.3 bp −$11 | 140.5 bp −$1,405 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.64 bp | 10.8 bp −$11 | 26.5 bp −$265 | 106.9 bp −$10.7K | doesn't fit |
INJ on 23 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 | 7.8147 | +0.072% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7867 | −0.287% | $81K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8123 | +0.041% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8108 | +0.023% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8122 | +0.040% | $149K | $424K | 20x | as long as short |
| Binance INJUSDTshort | +0.0100% | 8h | 7.8130 | +0.050% | $35.5M | $90.0M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.8120 | +0.037% | $22.1M | $30.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8120 | +0.037% | $6.4M | $18.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8120 | +0.037% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8080 | −0.014% | $9.4M | $16.5M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8070 | −0.027% | $14.3M | $9.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7961 | −0.166% | $274K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8080 | −0.014% | $47K | $273K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8130 | +0.050% | $35K | $80K | 10x | as long as short |
| Extended INJ-USDlong | +0.0104% | 1h | 7.8091 | long leg | $117K | $364K | 10x | |
| Deribit INJ_USDC-PERPETUAL | +0.0134% | 1h | 7.8121 | +0.039% | $6K | $24K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.8121 | +0.038% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8080 | −0.014% | — | $21.2M | — | as long as short |
| Hyperliquid INJ | +0.0278% | 1h | 7.8269 | +0.228% | $26.4M | $8.8M | 5x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8160 | +0.089% | $31.9M | $20.6M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0438% | 1h | 7.8087 | −0.005% | $868K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8130 | +0.050% | $382K | $592K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.8120 | +0.037% | $326K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
Hyperliquid INJ
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP