Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance0.000%61s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 4 days (all we have)+0.424%+$42 · spread now 0.000%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 61 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 | Binance INJUSDT | 7.8210 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $35.5M | $89.9M | 75x |
| Short | BloFin INJ-USDT | 7.8210 | 0.0220 | get 0.0220% / 8h | 5h 14m | $1.7M | $6.4M | 75x |
Binance INJUSDT
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: 0.000% → −0.020%
- $2
- Slippage, 4 orders
- −$25.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.57
- Costs to cover
- 0.478%
- Break-even
- 12.7 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 5 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 Binance live order book, 13 min ago | 0.64 bp | 11.0 bp −$11 | 20.0 bp −$200 | 144.5 bp −$14.4K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 6.37 bp | 15.0 bp −$15 | 28.9 bp −$289 | 155.6 bp −$15.6K | 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 | 7.8157 | −0.068% | — | — | 20x | as long as short |
| dYdX INJ-USD | +0.0003% | 1h | 7.8164 | −0.058% | $81K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8184 | −0.033% | $3K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0095% | 1h | 7.8224 | +0.018% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8158 | −0.066% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8200 | −0.013% | $149K | $413K | 20x | as long as short |
| Binance INJUSDTlong | +0.0100% | 8h | 7.8210 | long leg | $35.5M | $89.9M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.8173 | −0.047% | $22.1M | $30.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8160 | −0.064% | $6.4M | $18.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8160 | −0.064% | $2.8M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Aster 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 | 7.8180 | −0.038% | $9.6M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8150 | −0.077% | $14.3M | $9.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8320 | +0.140% | $275K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8410 | +0.256% | $47K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8210 | 0.000% | $35K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8190 | −0.025% | $117K | $367K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.8210 | 0.000% | $1.7M | $6.4M | 75x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.8180 | −0.039% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8180 | −0.038% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8190 | −0.026% | $32.1M | $20.9M | 300x | as long as short |
| Hyperliquid INJ | +0.0323% | 1h | 7.8280 | +0.090% | $26.4M | $8.6M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0437% | 1h | 7.8225 | +0.019% | $864K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8600 | +0.499% | $386K | $578K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.8610 | +0.511% | $328K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP