Funding you earn now, next payment 02:00 UTC+0.0640%/8h= +70.1% APRnext payment +$0.80 per $10,000 · paid last 24h +0.174%
Price spread now: Coinbase International against Deribit+0.833%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 0.833% dearer against Deribit than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INJ_USDC-PERPETUAL | 7.7713 | 0 | get 0.0000% / 1h | 8m 06s | $6K | $24K | 25x |
| Short | Coinbase International INJ-PERP-INTX | 7.8360 | 0.0640 | get 0.0080% / 1h | 8m 06s | $385K | $578K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $134.4
- Price spread: +0.833% → 0.000%
- $83.26
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $200.66
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 55 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 55 min ago | 11.53 bp | 29.1 bp −$29 | 65.3 bp −$653 | doesn't fit | doesn't fit |
Deribit: 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 INJRUSDPERP | −0.0200% | 1h | 7.7696 | −0.022% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.7713 | long leg | $6K | $24K | 25x | |
| dYdX INJ-USD | +0.0003% | 1h | 7.7785 | +0.092% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7710 | −0.004% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7685 | −0.036% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7749 | +0.047% | $149K | $413K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7640 | −0.094% | $35.2M | $89.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7610 | −0.133% | $22.0M | $30.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7610 | −0.133% | $6.3M | $18.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7670 | −0.055% | $2.7M | $5.0M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7700 | −0.017% | $9.5M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7610 | −0.133% | $14.2M | $9.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7980 | +0.343% | $274K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8190 | +0.614% | $47K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7710 | −0.004% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7710 | −0.004% | $117K | $367K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7860 | +0.189% | $1.7M | $6.3M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7704 | −0.011% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7690 | −0.030% | — | $21.0M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7660 | −0.068% | $31.9M | $21.0M | 300x | as long as short |
| Hyperliquid INJ | +0.0335% | 1h | 7.7775 | +0.080% | $26.2M | $8.6M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0440% | 1h | 7.7742 | +0.037% | $859K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0640% | 1h | 7.8360 | +0.833% | $385K | $578K | 50x | |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.8200 | +0.627% | $326K | $12.1M | 30x | as long as short |
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX
gTrade (Gains Network) INJ/USD
Aster INJUSDT
Binance INJUSDT
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
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP