Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment −$1.71 per $10,000 · paid last 24h −0.067%
Price spread now: OKX against BingX+0.026%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.026%, 7d avg −0.007%
=The price spread pays, funding is against you. OKX is 0.034% dearer against BingX than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.007%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.5670 | 0.0271 | pay 0.0271% / 8h | 3h 58m | — | $21.3M | — |
| Short | OKX INJ-USDT-SWAP | 7.5690 | 0.0100 | get 0.0100% / 8h | 3h 58m | $6.1M | $19.4M | 50x |
BingX INJ-USDT
OKX INJ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.026% → −0.007%
- $3.37
- Slippage, 4 orders
- −$17.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.97
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; OKX: 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, 5 min ago | 0.66 bp | 5.7 bp −$6 | 9.5 bp −$95 | 26.4 bp −$2,638 | 68.1 bp −$34.1K |
| Sell OKX live order book, 5 min ago | 0.66 bp | 14.6 bp −$15 | 28.6 bp −$286 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0234% | 1h | 7.5787 | +0.154% | $804K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5753 | +0.109% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0093% | 1h | 7.5778 | +0.143% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5836 | +0.219% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5819 | +0.198% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5765 | +0.126% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5712 | +0.056% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5804 | +0.176% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5660 | −0.013% | $33.3M | $97.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5700 | +0.040% | $21.1M | $32.2M | 50x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
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-SWAPshort | +0.0100% | 8h | 7.5690 | +0.026% | $6.1M | $19.4M | 50x | |
| Gate INJ_USDT | +0.0100% | 8h | 7.5760 | +0.119% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5660 | −0.013% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5610 | −0.079% | $13.9M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5852 | +0.240% | $267K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5760 | +0.119% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5790 | +0.159% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5660 | −0.013% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5740 | +0.093% | $1.6M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5800 | +0.172% | $29K | — | 100x | as long as short |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.5670 | long leg | — | $21.3M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5690 | +0.026% | $29.8M | $21.3M | 300x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6000 | +0.436% | $369K | $614K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6120 | +0.595% | $317K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP