Funding you earn now, next payment 06:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h —
Price spread now: BloFin against Reya−0.120%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.120% cheaper against Reya than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 23 hours of funding at the current rate (+$13 a day). The two prices were read 46 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 | Reya INJRUSDPERP | 7.5310 | −0.0200 | get 0.0025% / 1h | 24m 33s | — | — | 20x |
| Short | BloFin INJ-USDT | 7.5220 | 0.0220 | get 0.0220% / 8h | 2h 24m | $1.6M | $5.6M | 75x |
Reya INJRUSDPERP
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. 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
- $88.14
- Price spread: −0.120% → 0.000%
- −$11.99
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $58.15
- Costs to cover
- 0.180%
- Break-even
- 2.4 days
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 4 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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 0.67 bp | 15.2 bp −$15 | 39.1 bp −$391 | doesn't fit | doesn't fit |
Reya: 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 | −0.0215% | 1h | 7.5300 | −0.014% | $776K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERPlong | −0.0200% | 1h | 7.5310 | long leg | — | — | 20x | |
| dYdX INJ-USD | 0.0000% | 1h | 7.5243 | −0.089% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0028% | 1h | 7.5280 | −0.040% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5298 | −0.016% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5300 | −0.014% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5324 | +0.018% | $25.3M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5279 | −0.042% | $137K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5337 | +0.035% | $32.8M | $97.2M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5310 | 0.000% | $20.8M | $31.6M | 50x | as long as short |
Kraken Futures PF_INJUSD
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
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 | 7.5340 | +0.039% | $6.1M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5210 | −0.133% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5190 | −0.160% | $8.4M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5290 | −0.027% | $13.8M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5023 | −0.382% | $268K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5040 | −0.359% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5253 | −0.076% | $112K | $562K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.5220 | −0.120% | $1.6M | $5.6M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.5260 | −0.067% | — | $20.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5280 | −0.040% | $29.8M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5267 | −0.057% | $29K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0388% | 1h | 7.5331 | +0.028% | $6K | $24K | 25x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5370 | +0.079% | $369K | $635K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5560 | +0.332% | $315K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP