Funding you earn now, next payment 06:00 UTC−0.0664%/8h= −72.7% APRnext payment −$0.83 per $10,000 · paid last 24h —
Price spread now: Reya against Coinbase International−0.530%48s7-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
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Reya is 0.530% cheaper against Coinbase International than usual: you would sell low and buy high (−$53 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | Coinbase International INJ-PERP-INTX | 7.6800 | 0.0464 | pay 0.0058% / 1h | 23m 25s | $383K | $674K | 50x |
| Short | Reya INJRUSDPERP | 7.6393 | −0.0200 | pay 0.0025% / 1h | 23m 25s | — | — | 20x |
Coinbase International INJ-PERP-INTX
Reya INJRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$139.38
- Price spread: −0.530% → 0.000%
- −$53
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$208.38
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 20 min ago; Reya: no order-book sample. 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 Coinbase International live order book, 20 min ago | 11.71 bp | 29.4 bp −$29 | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERPshort | −0.0200% | 1h | 7.6393 | −0.530% | — | — | 20x | |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6612 | −0.244% | $19K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0015% | 1h | 7.6555 | −0.319% | $79K | $17K | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6570 | −0.300% | $780K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6456 | −0.448% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6430 | −0.482% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6463 | −0.439% | $139K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6457 | −0.447% | $33.7M | $97.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6442 | −0.466% | $21.1M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6450 | −0.456% | $6.2M | $19.1M | 50x | as long as short |
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6440 | −0.469% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6440 | −0.469% | $8.5M | $18.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6430 | −0.482% | $14.0M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6602 | −0.258% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6440 | −0.469% | $46K | $269K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6436 | −0.473% | $114K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6650 | −0.195% | $1.7M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6450 | −0.456% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6430 | −0.482% | $29.9M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6499 | −0.392% | $29K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0273% | 1h | 7.6571 | −0.298% | $7K | $25K | 25x | as long as short |
| Hyperliquid INJ | +0.0297% | 1h | 7.6502 | −0.388% | $25.7M | $8.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0464% | 1h | 7.6800 | long leg | $383K | $674K | 50x | |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6880 | +0.104% | $321K | $12.1M | 30x | as long as short |
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]
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Injective INJ/USDC PERP