Funding you earn now, next payment 23:00 UTC−0.1267%/8h= −138.8% APRpaid last 24h −0.308%
Price spread now: Bitget against Injective−0.307%111s7-day average −0.292% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days−1.786%−$179 on $10k
+Price spread, last 3 days (all we have)−0.141%−$14 · spread now −0.307%, 7d avg −0.292%
=The price spread sits at its 7-day average of −0.292%, so right now this pair is about funding alone: −$38 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INJ/USDC PERP | 7.8280 | 0.1367 | pay 0.0171% / 1h | 19m 27s | $320K | $12.1M | 30x |
| Short | Bitget INJUSDT | 7.8040 | 0.0100 | get 0.0100% / 8h | 1h 19m | $14.3M | $10.7M | 75x |
Injective INJ/USDC PERP
Bitget INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- −$266.1
- Price spread: −0.307% → −0.292%
- −$1.46
- Slippage, 4 orders
- −$59.98
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$339.56
- Costs to cover
- 0.720%
- Break-even
- never at this rate
Slippage from Injective: live order book, 5 min ago; Bitget: 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 Injective live order book, 5 min ago | 19.84 bp | 27.6 bp −$28 | 2832.8 bp −$28.3K | 118327.8 bp −$11.83M | 631638.8 bp −$315.82M |
| Sell Bitget live order book, 4 min ago | 2.57 bp | 13.6 bp −$14 | 23.1 bp −$231 | 112.3 bp −$11.2K | 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 | 7.7988 | −0.374% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8102 | −0.227% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8068 | −0.271% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0010% | 1h | 7.8110 | −0.217% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8060 | −0.281% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.8080 | −0.255% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8108 | −0.220% | $873K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8111 | −0.216% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8030 | −0.319% | $35.7M | $93.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7970 | −0.396% | $21.6M | $31.6M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7980 | −0.383% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8040 | −0.307% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8060 | −0.281% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDTshort | +0.0100% | 8h | 7.8040 | −0.307% | $14.3M | $10.7M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.8005 | −0.351% | $275K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8160 | −0.153% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8065 | −0.275% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8120 | −0.204% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8040 | −0.307% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8050 | −0.294% | $32.0M | $23.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8081 | −0.255% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8340 | +0.077% | $384K | $715K | 50x | as long as short |
| Hyperliquid INJ | +0.0682% | 1h | 7.8162 | −0.151% | $26.5M | $9.5M | 5x | as long as short |
| Injective INJ/USDC PERPlong | +0.1367% | 1h | 7.8280 | long leg | $320K | $12.1M | 30x |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
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
Hyperliquid INJ