Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against Orderly−0.270%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.270% cheaper against Orderly than usual: you would sell low and buy high, −$27 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_INJ_USDC | 7.7690 | 0.0097 | pay 0.0097% / 8h | 2h 06m | $38K | $65K | 10x |
| Short | Bybit INJUSDT | 7.7480 | 0.0100 | get 0.0100% / 8h | 2h 06m | $21.5M | $32.0M | 50x |
Orderly PERP_INJ_USDC
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- $0.54
- Price spread: −0.270% → 0.000%
- −$27.03
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.49
- Costs to cover
- 0.170%
- Break-even
- 568.9 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.64 bp | 6.1 bp −$6 | 39.3 bp −$393 | 139.0 bp −$13.9K | doesn't fit |
Orderly: 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 | 7.7723 | +0.043% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7523 | −0.215% | $89K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7708 | +0.023% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7740 | +0.064% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0073% | 8h | 7.7603 | −0.112% | $272K | $157K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0078% | 1h | 7.7606 | −0.109% | $883K | $3.2M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7665 | −0.032% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDClong | +0.0097% | 8h | 7.7690 | long leg | $38K | $65K | 10x | |
| Aster INJUSDT | +0.0100% | 8h | 7.7694 | +0.005% | $155K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7553 | −0.177% | $35.5M | $94.8M | 75x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Kraken Futures PF_INJUSD
Aevo INJ-PERP
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 | 7.7480 | −0.270% | $21.5M | $32.0M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7480 | −0.270% | $6.4M | $20.2M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7630 | −0.077% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7630 | −0.077% | $9.5M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7610 | −0.103% | $14.3M | $11.0M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7760 | +0.090% | $47K | $347K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7621 | −0.088% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7620 | −0.090% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7660 | −0.039% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7620 | −0.090% | $31.7M | $23.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0391% | 1h | 7.7730 | +0.052% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7950 | +0.335% | $389K | $699K | 50x | as long as short |
| Hyperliquid INJ | +0.0955% | 1h | 7.7797 | +0.138% | $26.6M | $9.2M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1499% | 1h | 7.8110 | +0.541% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
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
Hyperliquid INJ
Injective INJ/USDC PERP