Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment −$1.71 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against BingX+0.065%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.065%, 7d avg +0.004%
=The price spread pays, funding is against you. KuCoin is 0.061% dearer against BingX than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.004%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.175% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.7360 | 0.0271 | pay 0.0271% / 8h | 5h 37m | — | $21.2M | — |
| Short | KuCoin INJUSDTM | 7.7410 | 0.0100 | get 0.0100% / 8h | 5h 37m | $9.3M | $16.5M | 50x |
BingX INJ-USDT
KuCoin INJUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$35.91
- Price spread: +0.065% → +0.004%
- $6.07
- Slippage, 4 orders
- −$26.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.15
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago | 0.65 bp | 6.3 bp −$6 | 9.1 bp −$91 | 16.2 bp −$1,622 | 64.1 bp −$32.0K |
| Sell KuCoin live order book, 2 min ago | 3.24 bp | 16.5 bp −$16 | 34.6 bp −$346 | 311.8 bp −$31.2K | 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 | 7.7237 | −0.159% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7090 | −0.350% | $80K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7259 | −0.131% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7244 | −0.150% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7257 | −0.133% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7294 | −0.085% | $147K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7400 | +0.052% | $35.0M | $90.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7360 | 0.000% | $21.8M | $30.4M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7370 | +0.013% | $6.3M | $18.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7290 | −0.090% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
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 INJUSDTMshort | +0.0100% | 8h | 7.7410 | +0.065% | $9.3M | $16.5M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.7400 | +0.052% | $14.2M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7270 | −0.116% | $272K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7140 | −0.284% | $46K | $272K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7260 | −0.129% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7358 | −0.003% | $116K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7280 | −0.103% | $1.7M | $6.3M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7249 | −0.143% | $29K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0270% | 1h | 7.7488 | +0.165% | $26.1M | $8.7M | 5x | as long as short |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.7360 | long leg | — | $21.2M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7420 | +0.078% | $31.3M | $20.8M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0443% | 1h | 7.7314 | −0.060% | $857K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.7750 | +0.504% | $382K | $583K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.7480 | +0.155% | $323K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP