Funding you earn now, next payment 00:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.033%
Price spread now: BingX against KuCoin+0.038%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.038%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.8000 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $9.5M | $16.5M | 50x |
| Short | BingX INJ-USDT | 7.8030 | 0.0271 | get 0.0271% / 8h | 1h 29m | — | $21.4M | — |
KuCoin INJUSDTM
BingX INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $35.91
- Price spread: +0.038% → −0.004%
- $4.22
- Slippage, 4 orders
- −$38.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$20.23
- Costs to cover
- 0.604%
- Break-even
- 10.9 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago | 1.92 bp | 14.7 bp −$15 | 48.3 bp −$483 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.21 bp | 9.2 bp −$9 | 12.3 bp −$123 | 22.6 bp −$2,256 | 60.5 bp −$30.2K |
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 | 7.8013 | +0.016% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8066 | +0.085% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8026 | +0.033% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0013% | 1h | 7.7866 | −0.172% | $90K | $7K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8030 | +0.039% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.8050 | +0.064% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8087 | +0.111% | $873K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8053 | +0.068% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8060 | +0.077% | $35.8M | $94.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7990 | −0.013% | $21.6M | $31.7M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance 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 | 7.8050 | +0.064% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7990 | −0.013% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.8000 | long leg | $9.5M | $16.5M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.8020 | +0.026% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7825 | −0.224% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7920 | −0.103% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8050 | +0.064% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8050 | +0.064% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDTshort | +0.0271% | 8h | 7.8030 | +0.038% | — | $21.4M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8040 | +0.051% | $31.7M | $23.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8033 | +0.042% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.346% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJ | +0.0753% | 1h | 7.8152 | +0.195% | $26.5M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8140 | +0.179% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP