Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against KuCoin+0.040%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.040%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.5770 | 0.0100 | pay 0.0100% / 8h | 3h 54m | $9.4M | $17.6M | 50x |
| Short | Binance INJUSDT | 7.5800 | 0.0100 | get 0.0100% / 8h | 3h 54m | $33.2M | $97.6M | 75x |
KuCoin INJUSDTM
Binance INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $0
- Price spread: +0.040% → +0.016%
- $2.31
- Slippage, 4 orders
- −$34.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.09
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 4 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 KuCoin live order book, 5 min ago | 1.98 bp | 22.5 bp −$23 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.66 bp | 9.7 bp −$10 | 22.1 bp −$221 | 108.5 bp −$10.8K | 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 | 7.5767 | −0.005% | $801K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5723 | −0.062% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5868 | +0.130% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5754 | −0.021% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5801 | +0.041% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5715 | −0.073% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5795 | +0.033% | $25.6M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5774 | +0.005% | $139K | $421K | 20x | as long as short |
| Binance INJUSDTshort | +0.0100% | 8h | 7.5800 | +0.040% | $33.2M | $97.6M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.5758 | −0.016% | $21.1M | $32.3M | 50x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
Aster INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5750 | −0.026% | $6.1M | $19.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5780 | +0.013% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.5770 | long leg | $9.4M | $17.6M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.5750 | −0.026% | $13.9M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5552 | −0.288% | $265K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5550 | −0.290% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5750 | −0.026% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5761 | −0.011% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5860 | +0.119% | $1.6M | $5.9M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5750 | −0.026% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5740 | −0.040% | $29.9M | $21.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5779 | +0.012% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6010 | +0.317% | $369K | $620K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6010 | +0.317% | $317K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP