Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.9740 | −0.0064 | get 0.0064% / 8h | 7h 51m | $7.0M | $24.2M | 300x | Long BingX | |
| SHORT | 7.9580 | +0.1074 | get 0.1074% / 8h | 7h 51m | $1.9M | $3.2M | 50x | Short Phemex |
Price gap−0.201%46s
Funding gap+0.1138% /8h
Funding pays +$34 a day on $10k, but the gap is 0.229% under its 7d average: −$23 if it goes back, about 16 hours of funding. At the last 7 days' pace that is about 42 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4+0.1138% /8h now · paid +0.038% over the last 7D
Price—spread −0.201%46s now · prices read too far apart to compare
Costs−$780.779% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.038% in total, about +0.0018%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.201%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hINJ on 24 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- OK: Fits both order books5.6 / 7.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$33 + $200BingX 300x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$34.15Long BingX: 3 payments, +$1.92; short Phemex: 3 payments, +$32.23.
- Watch: Prices read 46 s apart−0.201% vs +0.028%Part of this gap may be the market moving.
- Note: Short leg is thinner$1.9M vs $7.0M OIBoth legs are deep; Phemex is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Phemex YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0018%/8h × 21 periods+$3.78
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$55.87
Fee BingX bp × 2 orders−$10.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$74.09
price spread not counted: prices read too far apartCosts to cover0.779%Break-even144.2 days
Slippage: BingX: live order book, 5 min ago; Phemex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.635.6 bp−$68.3 bp−$8314.1 bp−$1,40765.3 bp−$32.7K
SELL · SHORTPhemex1.897.9 bp−$87.9 bp−$79doesn’t fitdoesn’t fit
Closing costs about the same again.
INJ news
posts that mention INJ, from every exchange| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 7/ Eight years ago, we set out to make global financial markets accessible to everyone. Today, $INJ is on Nasdaq through a U.S. ETF, opening the door for billions to gain exposure to the asset powering a new global financial economy. And we're just getting started. @injective on X ↗ |
| 11-05 15:14 | Injective | Token | @Nasdaq @BitGo 5/ Behind the $INJC ticker is the Layer 1 built for finance → 3B+ transactions → Over $1 Billion in tokenized assets → Over 7.2 Million in $INJ buybacks using onchain revenue → Infrastructure tailor-made for RWAs, perps, trading and privacy @injective on X ↗ |
| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗ |
| 11-05 15:14 | Injective | Other | @Nasdaq 3/ Inside $INJC → Spot $INJ custodied by @BitGo → Aims to stake up to 90% of $INJ holdings → Net staking rewards restaked automatically In short, $INJ staking is now part of a U.S. regulated ETF. @injective on X ↗ |
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| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 6/ Injective's institutional milestones go far beyond the $INJ ETF. → First L1 with an SEC registered transfer agent → Over $1 Billion tokenized onchain → Major tokenization project with global giant LG → Institutional Rail product release for banks and enterprises @injective on X ↗ |


Injective