Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: Bybit against Extended+0.098%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.098%, 7d avg −0.024%
=Together, before fees−0.051%+ Points / potential airdropExtended: Active · farm board−$5 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: Bybit is 0.122% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended INJ-USD | 7.7250 | 0.0104 | pay 0.0013% / 1h | 44m 11s | $115K | $363K | 10x |
| Short | Bybit INJUSDT | 7.7326 | 0.0100 | get 0.0100% / 8h | 6h 44m | $21.9M | $31.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.098% → −0.024%
- $12.21
- Slippage, 4 orders
- −$40.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.93
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from Extended: live order book, 23 min ago; Bybit: live order book, 5 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, 23 min ago | 2.36 bp | 12.7 bp −$13 | 117.3 bp −$1,173 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.65 bp | 18.3 bp −$18 | 40.9 bp −$409 | 127.5 bp −$12.7K | doesn't fit |
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 | 7.7201 | −0.064% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7315 | +0.084% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7251 | +0.001% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0014% | 1h | 7.7268 | +0.023% | $80K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7229 | −0.028% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7254 | +0.004% | $147K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7323 | +0.094% | $35.2M | $92.6M | 75x | as long as short |
| Bybit INJUSDTshort | +0.0100% | 8h | 7.7326 | +0.098% | $21.9M | $31.2M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7330 | +0.103% | $6.3M | $18.9M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7280 | +0.038% | $2.7M | $4.9M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7320 | +0.090% | $9.3M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7310 | +0.077% | $14.2M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7218 | −0.042% | $274K | $158K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7380 | +0.168% | $46K | $313K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7320 | +0.090% | $37K | $66K | 10x | as long as short |
| Extended INJ-USDlong | +0.0104% | 1h | 7.7250 | long leg | $115K | $363K | 10x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7620 | +0.479% | $1.8M | $6.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7300 | +0.064% | — | $21.4M | — | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0273% / S −0.0211% | 1h | 7.7250 | 0.000% | $30K | — | 100x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7340 | +0.116% | $31.0M | $21.0M | 300x | as long as short |
| Hyperliquid INJ | +0.0359% | 1h | 7.7438 | +0.243% | $26.1M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0409% | 1h | 7.7376 | +0.163% | $868K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8010 | +0.983% | $381K | $629K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.7670 | +0.543% | $324K | $12.1M | 30x | as long as short |
Extended INJ-USD
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
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP