Funding you earn now, next payment 00:00 UTC+0.0185%/8h= +20.3% APRnext payment +$1.85 per $10,000 · paid last 24h +0.040%
Price spread now: MEXC against Binance−0.039%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days+0.288%+$29 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.039%, 7d avg −0.006%
=Funding pays, the price is against you. MEXC is 0.032% cheaper against Binance than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of −0.006%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INJUSDT | 7.7840 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $35.7M | $94.3M | 75x |
| Short | MEXC INJ_USDT | 7.7810 | 0.0285 | get 0.0285% / 8h | 1h 32m | $31.6M | $22.9M | 300x |
Binance INJUSDT
MEXC INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $38.85
- Price spread: −0.039% → −0.006%
- −$3.24
- Slippage, 4 orders
- −$16.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $9.5
- Costs to cover
- 0.261%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 1 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, 10 min ago | 0.64 bp | 9.6 bp −$10 | 18.1 bp −$181 | 140.1 bp −$14.0K | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.64 bp | 3.7 bp −$4 | 10.7 bp −$107 | 55.5 bp −$5,553 | 124.4 bp −$62.2K |
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 | 7.7830 | −0.013% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7890 | +0.064% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7859 | +0.025% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0015% | 1h | 7.7885 | +0.058% | $90K | $7K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7850 | +0.013% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7870 | +0.039% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7860 | +0.026% | $872K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7906 | +0.084% | $156K | $440K | 20x | as long as short |
| Binance INJUSDTlong | +0.0100% | 8h | 7.7840 | long leg | $35.7M | $94.3M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.7780 | −0.077% | $21.6M | $31.6M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7800 | −0.051% | $6.4M | $20.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7810 | −0.039% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7810 | −0.039% | $9.5M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7800 | −0.051% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7746 | −0.121% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7850 | +0.013% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7798 | −0.054% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7800 | −0.051% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7860 | +0.026% | — | $21.4M | — | as long as short |
| MEXC INJ_USDTshort | +0.0285% | 8h | 7.7810 | −0.039% | $31.6M | $22.9M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7866 | +0.033% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.552% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJ | +0.0782% | 1h | 7.7920 | +0.103% | $26.5M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8100 | +0.334% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP