Funding you earn now, next payment 05:00 UTC−0.0380%/8h= −41.6% APRpaid last 24h −0.123%
Price spread now: Aster against Coinbase International−0.023%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$900.901% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.023%, 7d avg −0.123%
=Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.099% dearer against Coinbase International than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.123%): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.059% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% 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 | Coinbase International INJ-PERP-INTX | 7.5790 | 0.0480 | pay 0.0060% / 1h | 53m 01s | $365K | $620K | 50x |
| Short | Aster INJUSDT | 7.5772 | 0.0100 | get 0.0100% / 8h | 2h 53m | $139K | $418K | 20x |
Coinbase International INJ-PERP-INTX
Aster INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$79.8
- Price spread: −0.023% → −0.123%
- $9.93
- Slippage, 4 orders
- −$72.09
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$159.96
- Costs to cover
- 0.901%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 60 min ago; Aster: live order book, 59 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 Coinbase International live order book, 60 min ago | 12.48 bp | 28.6 bp −$29 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell Aster live order book, 59 min ago | 5.92 bp | 16.7 bp −$17 | 93.6 bp −$936 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0213% | 1h | 7.5768 | −0.029% | $769K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5670 | −0.158% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5663 | −0.167% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5775 | −0.020% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5701 | −0.117% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5761 | −0.038% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5750 | −0.053% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5826 | +0.047% | $25.5M | $8.7M | 5x | as long as short |
| Aster INJUSDTshort | +0.0100% | 8h | 7.5772 | −0.023% | $139K | $418K | 20x | |
| Binance INJUSDT | +0.0100% | 8h | 7.5800 | +0.013% | $33.1M | $97.0M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5752 | −0.050% | $21.0M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5790 | 0.000% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5770 | −0.026% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5780 | −0.013% | $9.5M | $17.8M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5700 | −0.119% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5602 | −0.248% | $268K | $146K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5700 | −0.119% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5754 | −0.048% | $112K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5780 | −0.013% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5690 | −0.132% | — | $20.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5810 | +0.026% | $30.0M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5730 | −0.079% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0480% | 1h | 7.5790 | long leg | $365K | $620K | 50x | |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5940 | +0.198% | $317K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
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]
Injective INJ/USDC PERP