Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: Bybit against Extended+0.031%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$640.635% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.031%, 7d avg −0.023%
=Together, before fees−0.009%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.054% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended INJ-USD | 7.5667 | 0.0104 | pay 0.0013% / 1h | 24m 33s | $112K | $366K | 10x |
| Short | Bybit INJUSDT | 7.5690 | 0.0100 | get 0.0100% / 8h | 4h 24m | $21.1M | $32.0M | 50x |
Extended INJ-USD
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: +0.031% → −0.023%
- $5.41
- Slippage, 4 orders
- −$47.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.93
- Costs to cover
- 0.635%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; Bybit: live order book, 4 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 Extended live order book, 33 min ago | 2.46 bp | 12.1 bp −$12 | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.66 bp | 20.3 bp −$20 | 46.5 bp −$465 | 138.5 bp −$13.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5602 | −0.086% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5648 | −0.024% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5585 | −0.108% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5620 | −0.061% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5560 | −0.141% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5743 | +0.101% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5644 | −0.030% | $140K | $422K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5710 | +0.057% | $33.4M | $96.7M | 75x | as long as short |
| Bybit INJUSDTshort | +0.0100% | 8h | 7.5690 | +0.031% | $21.1M | $32.0M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5690 | +0.031% | $6.1M | $19.2M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
Aster INJUSDT
Binance 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 | 7.5650 | −0.022% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5650 | −0.022% | $9.4M | $17.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5660 | −0.009% | $13.9M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5551 | −0.153% | $265K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5590 | −0.101% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5590 | −0.101% | $34K | $94K | 10x | as long as short |
| Extended INJ-USDlong | +0.0104% | 1h | 7.5667 | long leg | $112K | $366K | 10x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5660 | −0.009% | $1.7M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5622 | −0.059% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.5710 | +0.057% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5670 | +0.004% | $29.9M | $21.3M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0325% | 1h | 7.5625 | −0.055% | $822K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5850 | +0.242% | $373K | $605K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.5910 | +0.322% | $316K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP