Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Kraken Futures against Extended+0.181%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.181%, 7d avg +0.080%
=Together, before fees+0.289%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.102% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended INJ-USD | 7.8772 | 0.0104 | pay 0.0013% / 1h | 39m 31s | $120K | $460K | 10x |
| Short | Kraken Futures PF_INJUSD | 7.8915 | 0.0202 | get 0.0025% / 1h | 39m 31s | $908K | $3.1M | 50x |
Extended INJ-USD
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $20.67
- Price spread: +0.181% → +0.080%
- $10.15
- Slippage, 4 orders
- −$42.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.55
- Costs to cover
- 0.574%
- Break-even
- 16.0 days
Slippage from Extended: live order book, 38 min ago; Kraken Futures: live order book, 4 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, 38 min ago | 2.12 bp | 11.4 bp −$11 | 82.3 bp −$823 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 8.22 bp | 18.3 bp −$18 | 29.2 bp −$292 | 456.4 bp −$45.6K | 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 | 7.8813 | +0.052% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8732 | −0.051% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8847 | +0.095% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8827 | +0.070% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8791 | +0.025% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8810 | +0.049% | $37K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8809 | +0.048% | $158K | $449K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8763 | −0.011% | $35.9M | $95.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8659 | −0.143% | $22.2M | $32.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8700 | −0.091% | $6.5M | $20.3M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
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 | 7.8750 | −0.028% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8760 | −0.015% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8770 | −0.002% | $14.5M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8795 | +0.030% | $281K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8920 | +0.188% | $48K | $348K | 50x | as long as short |
| Extended INJ-USDlong | +0.0104% | 1h | 7.8772 | long leg | $120K | $460K | 10x | |
| Kraken Futures PF_INJUSDshort | +0.0202% | 1h | 7.8915 | +0.181% | $908K | $3.1M | 50x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8810 | +0.049% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8760 | −0.015% | — | $21.6M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8780 | +0.010% | $32.0M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8814 | +0.053% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0568% | 1h | 7.8910 | +0.175% | $26.7M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9020 | +0.315% | $387K | $722K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9310 | +0.683% | $325K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
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