Funding you earn now, next payment 08:00 UTC+0.0463%/8h= +50.7% APRpaid last 24h −0.003%
Price spread now: Kraken Futures against Aster+0.145%54s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as 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−$670.672% of the position
Funding, last 7 days+0.235%+$24 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.145%, 7d avg +0.037%
=Together, before fees+0.176%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.108% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.235% in total (about 12.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster INJUSDT | 7.7380 | 0.0100 | pay 0.0100% / 8h | 8m 18s | $149K | $445K | 20x |
| Short | Kraken Futures PF_INJUSD | 7.7492 | 0.0563 | get 0.0070% / 1h | 8m 18s | $815K | $3.7M | 50x |
Aster INJUSDT
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- $97.21
- Price spread: +0.145% → +0.037%
- $10.81
- Slippage, 4 orders
- −$49.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $40.81
- Costs to cover
- 0.672%
- Break-even
- 4.1 days
Slippage from Aster: live order book, 29 min ago; Kraken Futures: live order book, 6 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 Aster live order book, 29 min ago | 4.54 bp | 12.0 bp −$12 | 92.1 bp −$921 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 5.18 bp | 22.7 bp −$23 | 39.2 bp −$392 | 410.5 bp −$41.1K | 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 | 7.7306 | −0.096% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7376 | −0.005% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.7370 | −0.013% | $17K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7290 | −0.116% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7310 | −0.090% | $34K | $83K | 10x | as long as short |
| Aster INJUSDTlong | +0.0100% | 8h | 7.7380 | long leg | $149K | $445K | 20x | |
| Binance INJUSDT | +0.0100% | 8h | 7.7321 | −0.076% | $34.1M | $103.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7281 | −0.128% | $21.4M | $32.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7280 | −0.129% | $6.1M | $20.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7360 | −0.026% | $2.7M | $5.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
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 | 7.7370 | −0.013% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7270 | −0.142% | $14.2M | $11.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7075 | −0.393% | $273K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7090 | −0.374% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7300 | −0.104% | $119K | $645K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7390 | +0.013% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7380 | 0.000% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7340 | −0.051% | $30.9M | $20.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0326% / S −0.0344% | 1h | 7.7301 | −0.102% | $40K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0409% | 1h | 7.7437 | +0.074% | $6K | $26K | 25x | as long as short |
| Hyperliquid INJ | +0.0494% | 1h | 7.7432 | +0.068% | $26.0M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0563% | 1h | 7.7492 | +0.145% | $815K | $3.7M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.7600 | +0.285% | $390K | $723K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1548% | 1h | 7.7570 | +0.246% | $317K | $12.7M | 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]
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP