Funding you earn now, next payment 06:00 UTC+0.0445%/8h= +48.7% APRnext payment +$0.56 per $10,000 · paid last 24h +0.153%
Price spread now: Coinbase International against dYdX+0.814%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.272%+$27 on $10k
+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 +$13 a day on $10k at the current rate, and Coinbase International is 0.814% dearer against dYdX than usual: you sell high and buy low: +$81 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.272% in total (about 14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 per $10,000. 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 | dYdX INJ-USD | 7.6398 | 0.0019 | pay 0.0002% / 1h | 0m 08s | $79K | $17K | 5x |
| Short | Coinbase International INJ-PERP-INTX | 7.7020 | 0.0464 | get 0.0058% / 1h | 0m 08s | $384K | $675K | 50x |
dYdX INJ-USD
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- $93.48
- Price spread: +0.814% → 0.000%
- $81.4
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $154.88
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 43 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 43 min ago | 11.71 bp | 27.0 bp −$27 | 65.2 bp −$652 | doesn't fit | doesn't fit |
dYdX: 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 | 7.6368 | −0.040% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6405 | +0.009% | $18K | — | 150x | as long as short |
| dYdX INJ-USDlong | +0.0019% | 1h | 7.6398 | long leg | $79K | $17K | 5x | |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6418 | +0.026% | $778K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6403 | +0.007% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6420 | +0.029% | $34K | $82K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6423 | +0.033% | $138K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6414 | +0.020% | $33.8M | $97.5M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6384 | −0.018% | $21.2M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6400 | +0.002% | $6.2M | $19.0M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) 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 | 7.6380 | −0.024% | $2.7M | $5.5M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6390 | −0.011% | $8.5M | $18.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6390 | −0.011% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6382 | −0.022% | $271K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6620 | +0.290% | $46K | $268K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6403 | +0.007% | $114K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6410 | +0.016% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6390 | −0.011% | — | $21.3M | — | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0260% | 1h | 7.6441 | +0.056% | $7K | $25K | 25x | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6400 | +0.002% | $30.1M | $20.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0324% / S −0.0344% | 1h | 7.6405 | +0.009% | $40K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0349% | 1h | 7.6470 | +0.094% | $25.7M | $8.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0464% | 1h | 7.7020 | +0.814% | $384K | $675K | 50x | |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6780 | +0.500% | $320K | $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
Deribit INJ_USDC-PERPETUAL
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Injective INJ/USDC PERP