Funding you earn now, next payment 08:00 UTC−0.1448%/8h= −158.6% APRnext payment −$1.81 per $10,000 · paid last 24h −0.363%
Price spread now: ApeX Omni against Injective−0.362%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$780.779% of the position
Funding, last 7 days−1.785%−$179 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.362%, 7d avg −0.184%
=Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and ApeX Omni is 0.177% cheaper against Injective than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.184%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INJ/USDC PERP | 7.7430 | 0.1548 | pay 0.0194% / 1h | 12m 56s | $316K | $12.5M | 30x |
| Short | ApeX Omni INJUSDT | 7.7150 | 0.0100 | get 0.0013% / 1h | 12m 56s | $46K | $266K | 50x |
Injective INJ/USDC PERP
ApeX Omni INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- −$304.17
- Price spread: −0.362% → −0.184%
- −$17.73
- Slippage, 4 orders
- −$67.88
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$399.79
- Costs to cover
- 0.779%
- Break-even
- never at this rate
Slippage from Injective: live order book, 1 min ago; ApeX Omni: live order book, 24 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 Injective live order book, 1 min ago | 24.59 bp | 27.2 bp −$27 | 143.5 bp −$1,435 | 78695.8 bp −$7.87M | 433478.9 bp −$216.74M |
| Sell ApeX Omni live order book, 24 min ago | 7.13 bp | 12.7 bp −$13 | 109.8 bp −$1,098 | 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 | 7.7005 | −0.549% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7119 | −0.402% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.7040 | −0.504% | $17K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7040 | −0.504% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7050 | −0.491% | $34K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7070 | −0.465% | $148K | $447K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7065 | −0.471% | $34.0M | $103.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7030 | −0.517% | $21.3M | $32.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7030 | −0.517% | $6.1M | $20.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7050 | −0.491% | $2.7M | $5.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7040 | −0.504% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7030 | −0.517% | $14.1M | $11.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7018 | −0.532% | $273K | $144K | — | as long as short |
| ApeX Omni INJUSDTshort | +0.0100% | 1h | 7.7150 | −0.362% | $46K | $266K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.7040 | −0.504% | $115K | $640K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0113% | 1h | 7.7071 | −0.464% | $6K | $26K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7090 | −0.439% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7060 | −0.478% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7070 | −0.465% | $30.7M | $20.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0326% / S −0.0344% | 1h | 7.7079 | −0.454% | $40K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0478% | 1h | 7.7133 | −0.384% | $25.9M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0566% | 1h | 7.7128 | −0.390% | $808K | $3.6M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.7370 | −0.077% | $389K | $721K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1548% | 1h | 7.7430 | long leg | $316K | $12.5M | 30x |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX