Funding you earn now, next payment 08:00 UTC−0.0563%/8h= −61.7% APRnext payment −$0.70 per $10,000 · paid last 24h −0.026%
Price spread now: dYdX against Kraken Futures−0.297%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.444%−$44 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 −$17 a day on $10k at the current rate, and dYdX is 0.297% cheaper against Kraken Futures than usual: you would sell low and buy high (−$30 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 | Kraken Futures PF_INJUSD | 7.7425 | 0.0563 | pay 0.0070% / 1h | 10m 05s | $817K | $3.7M | 50x |
| Short | dYdX INJ-USD | 7.7195 | 0 | get 0.0000% / 1h | 10m 05s | $80K | $17K | 5x |
Kraken Futures PF_INJUSD
dYdX INJ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Kraken Futures. 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
- −$118.32
- Price spread: −0.297% → 0.000%
- −$29.75
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$168.06
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; dYdX: 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 Kraken Futures live order book, 4 min ago | 5.18 bp | 16.6 bp −$17 | 41.8 bp −$418 | 3026.9 bp −$302.7K | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7340 | −0.110% | — | — | 20x | as long as short |
| dYdX INJ-USDshort | 0.0000% | 1h | 7.7195 | −0.297% | $80K | $17K | 5x | |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.7334 | −0.118% | $17K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7375 | −0.065% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7380 | −0.058% | $34K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7296 | −0.167% | $149K | $447K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7369 | −0.073% | $34.2M | $103.2M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7330 | −0.123% | $21.4M | $32.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7310 | −0.149% | $6.1M | $20.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7340 | −0.110% | $2.7M | $5.9M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7340 | −0.110% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7300 | −0.162% | $14.2M | $11.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7075 | −0.452% | $273K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7080 | −0.446% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7319 | −0.137% | $119K | $645K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7100 | −0.420% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7340 | −0.110% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7360 | −0.084% | $30.9M | $20.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0326% / S −0.0344% | 1h | 7.7327 | −0.126% | $40K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0489% | 1h | 7.7425 | −0.001% | $26.0M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSDlong | +0.0563% | 1h | 7.7425 | long leg | $817K | $3.7M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.7370 | −0.071% | $389K | $721K | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0668% | 1h | 7.7411 | −0.018% | $6K | $26K | 25x | as long as short |
| Injective INJ/USDC PERP | +0.1548% | 1h | 7.7380 | −0.058% | $316K | $12.5M | 30x | as long as short |
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]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Deribit INJ_USDC-PERPETUAL
Injective INJ/USDC PERP