Funding you earn now, next payment 01:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h —
Price spread now: Orderly against Reya+0.215%54s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Orderly is 0.215% dearer against Reya than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya INJRUSDPERP | 7.7842 | −0.0200 | get 0.0025% / 1h | 2m 27s | — | — | 20x |
| Short | Orderly PERP_INJ_USDC | 7.8010 | 0.0100 | get 0.0100% / 8h | 7h 02m | $37K | $66K | 10x |
Reya INJRUSDPERP
Orderly PERP_INJ_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $62.94
- Price spread: +0.215% → 0.000%
- $21.54
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $72.47
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Reya and 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 INJRUSDPERPlong | −0.0200% | 1h | 7.7842 | long leg | — | — | 20x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8032 | +0.244% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8020 | +0.228% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0030% | 1h | 7.8017 | +0.224% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8005 | +0.209% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8060 | +0.279% | $149K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7954 | +0.144% | $35.6M | $92.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7850 | +0.010% | $21.9M | $31.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7830 | −0.016% | $6.4M | $19.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7930 | +0.113% | $2.8M | $5.0M | 50x | as long as short |
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX 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 | 7.8040 | +0.254% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7870 | +0.036% | $14.3M | $10.1M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8131 | +0.370% | $278K | $154K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8160 | +0.408% | $48K | $311K | 50x | as long as short |
| Orderly PERP_INJ_USDCshort | +0.0100% | 8h | 7.8010 | +0.215% | $37K | $66K | 10x | |
| Extended INJ-USD | +0.0104% | 1h | 7.7987 | +0.186% | $116K | $469K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0195% | 1h | 7.8037 | +0.250% | $883K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7970 | +0.164% | $1.8M | $7.0M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7940 | +0.125% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7990 | +0.190% | $31.5M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.7999 | +0.201% | $46K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0415% | 1h | 7.7970 | +0.164% | $26.3M | $8.9M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8480 | +0.819% | $384K | $637K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8420 | +0.742% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP