Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against Gate−0.025%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.025%, 7d avg −0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INJ_USDT | 7.5480 | 0.0100 | pay 0.0100% / 8h | 3h 01m | $2.6M | $5.3M | 50x |
| Short | Bybit INJUSDT | 7.5461 | 0.0100 | get 0.0100% / 8h | 3h 01m | $20.9M | $31.8M | 50x |
Gate INJ_USDT
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- Price spread: −0.025% → −0.019%
- −$0.65
- Slippage, 4 orders
- −$38.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.67
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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 Gate live order book, 2 min ago | 4.64 bp | 18.4 bp −$18 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.66 bp | 14.7 bp −$15 | 41.8 bp −$418 | 153.2 bp −$15.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0235% | 1h | 7.5485 | +0.007% | $767K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5488 | +0.010% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5450 | −0.040% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5503 | +0.030% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5501 | +0.028% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5480 | 0.000% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5500 | +0.026% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5589 | +0.144% | $25.5M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5544 | +0.085% | $138K | $419K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5534 | +0.072% | $33.0M | $96.7M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDTshort | +0.0100% | 8h | 7.5461 | −0.025% | $20.9M | $31.8M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5460 | −0.026% | $6.2M | $18.5M | 50x | as long as short |
| Gate INJ_USDTlong | +0.0100% | 8h | 7.5480 | long leg | $2.6M | $5.3M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5540 | +0.079% | $9.4M | $17.8M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5480 | 0.000% | $13.8M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5702 | +0.294% | $266K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5640 | +0.212% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5531 | +0.068% | $112K | $532K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5640 | +0.212% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5480 | 0.000% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5550 | +0.093% | $29.9M | $21.6M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5501 | +0.028% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.5750 | +0.358% | $366K | $617K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.5920 | +0.583% | $317K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
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]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP