Funding you earn now, next payment 05:00 UTC−0.0239%/8h= −26.1% APRnext payment −$0.30 per $10,000 · paid last 24h +0.036%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.021% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) INJ/USD | 7.6099 | L +0.0006% / S −0.0002% | pay 0.0001% / 1h | 41m 57s | $3K | — | 150x |
| Short | Kraken Futures PF_INJUSD | 7.6083 | −0.0233 | pay 0.0029% / 1h | 41m 57s | $801K | $3.4M | 50x |
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$50.12
- Price spread: −0.021% → 0.000%
- −$2.12
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$72.24
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 2 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 4.59 bp | 15.3 bp −$15 | 31.8 bp −$318 | 412.1 bp −$41.2K | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSDshort | −0.0233% | 1h | 7.6083 | −0.021% | $801K | $3.4M | 50x | |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6048 | −0.068% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6221 | +0.160% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6094 | −0.007% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USDlong | L +0.0006% / S −0.0002% | 1h | 7.6099 | long leg | $3K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6060 | −0.052% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6080 | −0.025% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6126 | +0.034% | $25.7M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6110 | +0.014% | $140K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6050 | −0.065% | $33.2M | $96.0M | 75x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.6020 | −0.104% | $21.2M | $31.7M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6010 | −0.117% | $6.2M | $18.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6060 | −0.052% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6000 | −0.131% | $9.4M | $17.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6020 | −0.104% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6012 | −0.115% | $267K | $146K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6030 | −0.091% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6009 | −0.119% | $113K | $359K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6270 | +0.224% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6070 | −0.039% | — | $21.0M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6050 | −0.065% | $30.1M | $21.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.6092 | −0.009% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6350 | +0.329% | $370K | $616K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6400 | +0.395% | $319K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
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]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP