Funding you earn now, next payment 07:00 UTC−0.0931%/8h= −102.0% APRpaid last 24h −0.311%
Price spread now: BingX against Injective−0.234%7-day average −0.247% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.625% of the position
Funding, last 7 days−1.591%−$159 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.234%, 7d avg −0.247%
=The price spread sits at its 7-day average of −0.247%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INJ/USDC PERP | 7.6870 | 0.1179 | pay 0.0147% / 1h | 39m 05s | $320K | $12.1M | 30x |
| Short | BingX INJ-USDT | 7.6690 | 0.0248 | get 0.0248% / 8h | 1h 39m | — | $21.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- −$195.61
- Price spread: −0.234% → −0.247%
- $1.27
- Slippage, 4 orders
- −$52.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$256.87
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from Injective: live order book, 5 min ago; BingX: 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 Injective live order book, 5 min ago | 23.43 bp | 23.4 bp −$23 | 8128.6 bp −$81.3K | 171285.5 bp −$17.13M | 896426.6 bp −$448.21M |
| Sell BingX live order book, 5 min ago | 0.65 bp | 6.3 bp −$6 | 8.9 bp −$89 | 26.6 bp −$2,658 | 80.9 bp −$40.5K |
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 | 7.6665 | −0.266% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6617 | −0.329% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6681 | −0.245% | $19K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6825 | −0.058% | $797K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6681 | −0.246% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6720 | −0.195% | $35K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6704 | −0.216% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6740 | −0.169% | $33.8M | $98.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6686 | −0.239% | $21.2M | $31.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6680 | −0.247% | $6.2M | $19.2M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6680 | −0.247% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6740 | −0.169% | $8.5M | $18.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6640 | −0.299% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6682 | −0.245% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6710 | −0.208% | $46K | $269K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6696 | −0.226% | $114K | $563K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6800 | −0.091% | $1.7M | $5.7M | 75x | as long as short |
| Hyperliquid INJ | +0.0222% | 1h | 7.6738 | −0.172% | $25.8M | $8.6M | 5x | as long as short |
| BingX INJ-USDTshort | +0.0248% | 8h | 7.6690 | −0.234% | — | $21.1M | — | |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6710 | −0.208% | $30.0M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6698 | −0.224% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6830 | −0.052% | $383K | $675K | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0519% | 1h | 7.6789 | −0.105% | $7K | $25K | 25x | as long as short |
| Injective INJ/USDC PERPlong | +0.1179% | 1h | 7.6870 | long leg | $320K | $12.1M | 30x |
Injective INJ/USDC PERP
BingX INJ-USDT
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
Hyperliquid INJ
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Deribit INJ_USDC-PERPETUAL