Funding you earn now, next payment 05:00 UTC−0.1072%/8h= −117.4% APRpaid last 24h −0.356%
Price spread now: Orderly against Injective−0.329%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.770%−$177 on $10k
+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 −$32 a day on $10k at the current rate, and Orderly is 0.329% cheaper against Injective than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | 7.6070 | 0.1172 | pay 0.0147% / 1h | 21m 35s | $317K | $12.1M | 30x |
| Short | Orderly PERP_INJ_USDC | 7.5820 | 0.0100 | get 0.0100% / 8h | 3h 21m | $34K | $94K | 10x |
Injective INJ/USDC PERP
Orderly PERP_INJ_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$225.15
- Price spread: −0.329% → 0.000%
- −$32.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$264.04
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 3 min ago; Orderly: no order-book sample. 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 Injective live order book, 3 min ago | 26.36 bp | 26.4 bp −$26 | 178.9 bp −$1,789 | 82923.2 bp −$8.29M | 454615.6 bp −$227.31M |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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_INJUSD | −0.0233% | 1h | 7.5831 | −0.314% | $780K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5957 | −0.149% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5998 | −0.094% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5852 | −0.287% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0035% | 1h | 7.5840 | −0.302% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5745 | −0.427% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDCshort | +0.0100% | 8h | 7.5820 | −0.329% | $34K | $94K | 10x | |
| Hyperliquid INJ | +0.0100% | 1h | 7.6062 | −0.011% | $25.7M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5964 | −0.139% | $139K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5985 | −0.112% | $33.2M | $96.2M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
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 | 7.5970 | −0.131% | $21.1M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5980 | −0.118% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5940 | −0.171% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5960 | −0.145% | $9.5M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5910 | −0.210% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5891 | −0.235% | $267K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5900 | −0.223% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5958 | −0.147% | $113K | $357K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5900 | −0.223% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5980 | −0.118% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5970 | −0.131% | $29.9M | $21.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5836 | −0.307% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.5850 | −0.289% | $367K | $615K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1172% | 1h | 7.6070 | long leg | $317K | $12.1M | 30x |
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