Funding you earn now, next payment 00:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.071%
Price spread now: Coinbase International against BloFin+0.447%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 3 days (all we have)−0.538%−$54 · spread now +0.447%, 7d avg +0.149%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.298% dearer against BloFin than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.149%. Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% 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 | BloFin INJ-USDT | 7.8260 | 0.0220 | pay 0.0220% / 8h | 7h 05m | $1.8M | $7.0M | 75x |
| Short | Coinbase International INJ-PERP-INTX | 7.8610 | 0.0632 | get 0.0079% / 1h | 5m 04s | $385K | $638K | 50x |
BloFin INJ-USDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- $86.52
- Price spread: +0.447% → +0.149%
- $29.84
- Slippage, 4 orders
- −$58.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $35.56
- Costs to cover
- 0.808%
- Break-even
- 4.1 days
Slippage from BloFin: live order book, 4 min ago; Coinbase International: live order book, 3 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 BloFin live order book, 4 min ago | 5.11 bp | 13.2 bp −$13 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 10.20 bp | 25.0 bp −$25 | 63.0 bp −$630 | doesn't fit | 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 | 7.8160 | −0.128% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8228 | −0.041% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8191 | −0.088% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0031% | 1h | 7.8165 | −0.121% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8199 | −0.078% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8220 | −0.051% | $149K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8210 | −0.064% | $35.7M | $92.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8220 | −0.051% | $22.0M | $31.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8200 | −0.077% | $6.4M | $19.2M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8160 | −0.128% | $2.8M | $5.0M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
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 | 7.8210 | −0.064% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8250 | −0.013% | $14.4M | $10.1M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8131 | −0.165% | $278K | $154K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8390 | +0.166% | $48K | $311K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8200 | −0.077% | $38K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8160 | −0.128% | $116K | $469K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0195% | 1h | 7.8237 | −0.029% | $886K | $3.0M | 50x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.8260 | long leg | $1.8M | $7.0M | 75x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.8220 | −0.051% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8240 | −0.026% | $31.7M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8169 | −0.117% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0423% | 1h | 7.8340 | +0.102% | $26.4M | $8.9M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0632% | 1h | 7.8610 | +0.447% | $385K | $638K | 50x | |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8420 | +0.204% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Kraken Futures PF_INJUSD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Injective INJ/USDC PERP