Funding you earn now, next payment 16:00 UTC+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.070%
Price spread now: MEXC against Bybit+0.064%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.064%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.032% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INJUSDT | 7.7880 | 0.0100 | pay 0.0100% / 8h | 4h 11m | $21.3M | $28.6M | 50x |
| Short | MEXC INJ_USDT | 7.7930 | 0.0261 | get 0.0261% / 8h | 4h 11m | $30.4M | $19.8M | 300x |
Bybit INJUSDT
MEXC INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $33.81
- Price spread: +0.064% → +0.032%
- $3.18
- Slippage, 4 orders
- −$38.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$12.44
- Costs to cover
- 0.494%
- Break-even
- 9.6 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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 | 0.64 bp | 16.5 bp −$16 | 45.2 bp −$452 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.64 bp | 16.6 bp −$17 | 27.7 bp −$277 | 70.2 bp −$7,023 | 125.9 bp −$63.0K |
INJ on 24 exchanges
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 | 7.7906 | +0.033% | — | — | 20x | as long as short |
| dYdX INJ-USD | +0.0007% | 1h | 7.7989 | +0.140% | $80K | $14K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0008% / S −0.0024% | 1h | 7.7914 | +0.044% | $18K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7939 | +0.075% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7918 | +0.049% | $147K | $209K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7919 | +0.050% | $34.8M | $94.6M | 75x | as long as short |
| Bybit INJUSDTlong | +0.0100% | 8h | 7.7880 | long leg | $21.3M | $28.6M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7900 | +0.026% | $5.9M | $21.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7910 | +0.039% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7890 | +0.013% | $8.6M | $17.6M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.7840 | −0.051% | $14.3M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8143 | +0.337% | $278K | $123K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8230 | +0.449% | $47K | $261K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7910 | +0.039% | $35K | $71K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7891 | +0.014% | $116K | $844K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0122% | 1h | 7.7967 | +0.112% | $5K | $10K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8000 | +0.154% | $1.7M | $5.3M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7920 | +0.051% | — | $21.4M | — | as long as short |
| MEXC INJ_USDTshort | +0.0261% | 8h | 7.7930 | +0.064% | $30.4M | $19.8M | 300x | |
| Hyperliquid INJ | +0.0424% | 1h | 7.8019 | +0.178% | $26.2M | $7.8M | 5x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0436% / S −0.0624% | 1h | 7.7907 | +0.034% | $62K | — | 100x | as long as short |
| Kraken Futures PF_INJUSD | +0.0540% | 1h | 7.7997 | +0.150% | $891K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0720% | 1h | 7.8090 | +0.270% | $392K | $653K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1353% | 1h | 7.8160 | +0.360% | $353K | $13.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
BingX INJ-USDT
Hyperliquid INJ
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP