Funding you earn now, next payment 04:00 UTC−0.0350%/8h= −38.4% APRnext payment −$0.44 per $10,000 · paid last 24h —
Price spread now: Deribit against Reya−0.027%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—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Deribit is 0.027% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya INJRUSDPERP | 7.6169 | −0.0200 | get 0.0025% / 1h | 39m 45s | — | — | 20x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.6149 | −0.0550 | pay 0.0069% / 1h | 39m 45s | $6K | $24K | 25x |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Reya. 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
- −$73.56
- Price spread: −0.027% → 0.000%
- −$2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$89.24
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Deribit: no order-book sample. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Reya and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit INJ_USDC-PERPETUALshort | −0.0550% | 1h | 7.6149 | −0.027% | $6K | $24K | 25x | |
| Reya INJRUSDPERPlong | −0.0200% | 1h | 7.6169 | long leg | — | — | 20x | |
| dYdX INJ-USD | 0.0000% | 1h | 7.6183 | +0.018% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6171 | +0.002% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6150 | −0.025% | $69K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6086 | −0.110% | $141K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6146 | −0.030% | $33.9M | $93.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6074 | −0.125% | $21.5M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6020 | −0.196% | $6.1M | $18.8M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6110 | −0.078% | $2.7M | $5.1M | 50x | as long as short |
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
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 | 7.6160 | −0.012% | $9.6M | $17.1M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6140 | −0.039% | $14.1M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6121 | −0.064% | $267K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6990 | +1.077% | $46K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6160 | −0.012% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6151 | −0.024% | $114K | $367K | 10x | as long as short |
| Hyperliquid INJ | +0.0143% | 1h | 7.6249 | +0.105% | $25.8M | $8.7M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6230 | +0.080% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6201 | +0.042% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.6140 | −0.039% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.6170 | +0.001% | $30.4M | $21.1M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0323% | 1h | 7.6182 | +0.016% | $878K | $3.3M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.6310 | +0.185% | $377K | $594K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.6350 | +0.237% | $318K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Hyperliquid INJ
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