Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.066%
Price spread now: BingX against Bybit+0.040%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days+0.225%+$23 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.040%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INJUSDT | 7.5560 | 0.0100 | pay 0.0100% / 8h | 4h 27m | $21.0M | $32.0M | 50x |
| Short | BingX INJ-USDT | 7.5590 | 0.0271 | get 0.0271% / 8h | 4h 27m | — | $21.2M | — |
Bybit INJUSDT
BingX INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.040% → +0.013%
- $2.64
- Slippage, 4 orders
- −$31.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.61
- Costs to cover
- 0.522%
- Break-even
- 9.7 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 11 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 Bybit live order book, 1 min ago | 0.66 bp | 19.2 bp −$19 | 46.1 bp −$461 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 0.66 bp | 7.0 bp −$7 | 10.0 bp −$100 | 43.4 bp −$4,345 | 94.9 bp −$47.4K |
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 | 7.5598 | +0.050% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0015% | 1h | 7.5582 | +0.029% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5650 | +0.119% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5602 | +0.055% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5531 | −0.038% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5685 | +0.165% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5600 | +0.053% | $140K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5604 | +0.059% | $33.3M | $96.5M | 75x | as long as short |
| Bybit INJUSDTlong | +0.0100% | 8h | 7.5560 | long leg | $21.0M | $32.0M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5560 | 0.000% | $6.1M | $19.2M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.5560 | 0.000% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5570 | +0.013% | $9.4M | $17.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5560 | 0.000% | $13.9M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5582 | +0.029% | $266K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5690 | +0.172% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5550 | −0.013% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5609 | +0.065% | $112K | $366K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5550 | −0.013% | $1.7M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5611 | +0.067% | $29K | — | 100x | as long as short |
| BingX INJ-USDTshort | +0.0271% | 8h | 7.5590 | +0.040% | — | $21.2M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5630 | +0.093% | $29.9M | $21.3M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0326% | 1h | 7.5573 | +0.017% | $822K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5850 | +0.384% | $373K | $605K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.5940 | +0.503% | $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
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP