Funding you earn now, next payment 04:00 UTC+0.1333%/8h= +146.0% APRnext payment +$1.67 per $10,000 · paid last 24h +0.411%
Price spread now: Injective against Deribit+0.321%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 +$40 a day on $10k at the current rate, and Injective is 0.321% dearer against Deribit than usual: you sell high and buy low: +$32 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 | 7.5687 | 0 | get 0.0000% / 1h | 19m 21s | $6K | $24K | 25x |
| Short | Injective INJ/USDC PERP | 7.5930 | 0.1333 | get 0.0167% / 1h | 19m 21s | $317K | $12.1M | 30x |
Deribit INJ_USDC-PERPETUAL
Injective INJ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $279.99
- Price spread: +0.321% → 0.000%
- $32.11
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $305.08
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Injective: live order book, 5 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 Injective live order book, 5 min ago | 26.41 bp | 26.4 bp −$26 | 46.2 bp −$462 | 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 | 7.5657 | −0.040% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5656 | −0.040% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.5687 | long leg | $6K | $24K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5721 | +0.045% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5637 | −0.066% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5780 | +0.123% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5691 | +0.005% | $140K | $422K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5702 | +0.020% | $33.4M | $96.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5653 | −0.045% | $21.0M | $32.1M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5640 | −0.062% | $6.1M | $19.2M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
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 | 7.5680 | −0.009% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5670 | −0.022% | $9.4M | $17.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5620 | −0.089% | $13.9M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5621 | −0.087% | $266K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5670 | −0.022% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5650 | −0.049% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5690 | +0.004% | $112K | $366K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5620 | −0.089% | $1.7M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5717 | +0.039% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.5690 | +0.004% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5710 | +0.030% | $29.9M | $21.3M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0325% | 1h | 7.5655 | −0.042% | $815K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5820 | +0.176% | $373K | $605K | 50x | as long as short |
| Injective INJ/USDC PERPshort | +0.1333% | 1h | 7.5930 | +0.321% | $317K | $12.1M | 30x |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX