Funding you earn now, next payment 02:00 UTC+0.0311%/8h= +34.0% APRnext payment +$0.39 per $10,000 · paid last 24h +0.023%
Price spread now: Kraken Futures against ApeX Omni−0.302%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days+0.285%+$28 on $10k
+Price spread, last 3 days (all we have)+0.379%+$38 · spread now −0.302%, 7d avg +0.007%
=Funding pays, the price is against you. Kraken Futures is 0.308% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.302% now, against its 7-day average of +0.007%). If the spread goes back, that is −$31 on $10k: about 3.3 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.285% in total) that is about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni INJUSDT | 7.7320 | 0.0100 | pay 0.0013% / 1h | 38m 29s | $46K | $313K | 50x |
| Short | Kraken Futures PF_INJUSD | 7.7087 | 0.0411 | get 0.0051% / 1h | 38m 29s | $871K | $3.0M | 50x |
ApeX Omni INJUSDT
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. 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
- $65.25
- Price spread: −0.302% → +0.007%
- −$30.84
- Slippage, 4 orders
- −$40.68
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.27
- Costs to cover
- 0.607%
- Break-even
- 9.8 days
Slippage from ApeX Omni: live order book, 29 min ago; Kraken Futures: live order book, 5 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 ApeX Omni live order book, 29 min ago | 7.65 bp | 13.1 bp −$13 | 128.6 bp −$1,286 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 9.05 bp | 16.3 bp −$16 | 30.6 bp −$306 | 454.6 bp −$45.5K | 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 | 7.7076 | −0.316% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7082 | −0.308% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0039% | 1h | 7.7073 | −0.319% | $80K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0049% | 1h | 7.7042 | −0.360% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6916 | −0.523% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7111 | −0.270% | $147K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7073 | −0.320% | $34.9M | $92.5M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7050 | −0.349% | $21.8M | $31.1M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7070 | −0.323% | $6.3M | $18.8M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7070 | −0.323% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
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 | 7.7100 | −0.285% | $9.2M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7070 | −0.323% | $14.2M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7073 | −0.319% | $274K | $156K | — | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.7320 | long leg | $46K | $313K | 50x | |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7020 | −0.388% | $37K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7106 | −0.277% | $114K | $363K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7620 | +0.388% | $1.8M | $6.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7080 | −0.310% | — | $21.4M | — | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0273% / S −0.0211% | 1h | 7.7028 | −0.378% | $30K | — | 100x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7090 | −0.297% | $31.0M | $21.2M | 300x | as long as short |
| Hyperliquid INJ | +0.0330% | 1h | 7.7205 | −0.149% | $26.0M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0411% | 1h | 7.7087 | −0.302% | $871K | $3.0M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.7100 | −0.285% | $377K | $617K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.7160 | −0.207% | $322K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP