Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX0.000%96s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as 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−$410.405% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now 0.000%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 96 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 | BingX INJ-USDT | 7.9460 | 0.0271 | pay 0.0271% / 8h | 53m 29s | — | $21.5M | — |
| Short | BloFin INJ-USDT | 7.9460 | 0.0220 | get 0.0220% / 8h | 53m 29s | $1.8M | $7.6M | 75x |
BingX INJ-USDT
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$10.71
- Price spread: 0.000% → +0.003%
- −$0.35
- Slippage, 4 orders
- −$18.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.56
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 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 BingX live order book, 10 min ago | 0.63 bp | 5.6 bp −$6 | 8.8 bp −$88 | 20.2 bp −$2,025 | 75.8 bp −$37.9K |
| Sell BloFin live order book, 5 min ago | 4.42 bp | 15.1 bp −$15 | 38.9 bp −$389 | doesn't fit | 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 | 7.9434 | −0.033% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.9434 | −0.033% | $92K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.9484 | +0.030% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.9456 | −0.005% | $4K | — | 150x | as long as short |
| ApeX Omni INJUSDT | +0.0079% | 1h | 7.9180 | −0.352% | $49K | $348K | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.9485 | +0.031% | $72K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.9470 | +0.013% | $39K | $63K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.9480 | +0.025% | $159K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.9550 | +0.113% | $36.3M | $94.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.9470 | +0.013% | $22.0M | $31.6M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
ApeX Omni INJUSDT
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance 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 | 7.9440 | −0.025% | $6.5M | $20.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.9460 | 0.000% | $2.9M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.9500 | +0.050% | $9.7M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.9470 | +0.013% | $14.6M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.9214 | −0.309% | $279K | $157K | — | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.9457 | −0.004% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0201% | 1h | 7.9512 | +0.066% | $884K | $3.0M | 50x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.9460 | 0.000% | $1.8M | $7.6M | 75x | |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.9460 | long leg | — | $21.5M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.9480 | +0.025% | $32.5M | $22.6M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0358% / S −0.0418% | 1h | 7.9439 | −0.027% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0613% | 1h | 7.9595 | +0.170% | $27.0M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9620 | +0.201% | $391K | $729K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9510 | +0.063% | $325K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
Kraken Futures PF_INJUSD
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP