Funding you earn now, next payment 06:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.143%
Price spread now: Coinbase International against Gate+0.196%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.196%, 7d avg +0.162%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.162%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment. 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 | Gate INJ_USDT | 7.6670 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $2.7M | $5.3M | 50x |
| Short | Coinbase International INJ-PERP-INTX | 7.6820 | 0.0464 | get 0.0058% / 1h | 57m 45s | $375K | $660K | 50x |
Gate INJ_USDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $76.44
- Price spread: +0.196% → +0.162%
- $3.32
- Slippage, 4 orders
- −$66.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$11.4
- Costs to cover
- 0.912%
- Break-even
- 8.0 days
Slippage from Gate: live order book, just now; Coinbase International: live order book, 50 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, just now | 4.57 bp | 19.7 bp −$20 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 50 min ago | 8.58 bp | 21.0 bp −$21 | 53.7 bp −$537 | doesn't fit | 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 | 7.6675 | +0.006% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6650 | −0.027% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6660 | −0.013% | $7K | $25K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6636 | −0.044% | $19K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6654 | −0.021% | $793K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6626 | −0.057% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6640 | −0.039% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6688 | +0.024% | $139K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6697 | +0.035% | $33.8M | $97.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6674 | +0.005% | $21.1M | $31.8M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6690 | +0.026% | $6.2M | $19.1M | 50x | as long as short |
| Gate INJ_USDTlong | +0.0100% | 8h | 7.6670 | long leg | $2.7M | $5.3M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6650 | −0.026% | $8.5M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6670 | 0.000% | $14.0M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6631 | −0.051% | $271K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6760 | +0.117% | $46K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6674 | +0.005% | $114K | $563K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6630 | −0.052% | $1.6M | $5.7M | 75x | as long as short |
| Hyperliquid INJ | +0.0225% | 1h | 7.6776 | +0.138% | $25.8M | $8.7M | 5x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6690 | +0.026% | — | $20.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6710 | +0.052% | $30.0M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6639 | −0.040% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0464% | 1h | 7.6820 | +0.196% | $375K | $660K | 50x | |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6860 | +0.248% | $320K | $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
Hyperliquid INJ
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Injective INJ/USDC PERP