Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against KuCoin−0.117%110s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.795% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)+0.359%+$36 · spread now −0.117%, 7d avg −0.014%
=Funding pays, the price is against you. BloFin is 0.103% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.014%). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$4 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.7130 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $8.5M | $18.1M | 50x |
| Short | BloFin INJ-USDT | 7.7040 | 0.0220 | get 0.0220% / 8h | 6h 05m | $1.7M | $5.3M | 75x |
KuCoin INJUSDTM
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.117% → −0.014%
- −$10.28
- Slippage, 4 orders
- −$55.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.57
- Costs to cover
- 0.795%
- Break-even
- 24.9 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 6 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, 1 min ago | 3.25 bp | 32.3 bp −$32 | 73.9 bp −$739 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.65 bp | 14.1 bp −$14 | 28.4 bp −$284 | 146.3 bp −$14.6K | doesn't fit |
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 | 7.6916 | −0.277% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0023% | 1h | 7.7058 | −0.094% | $18K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0035% | 1h | 7.7091 | −0.051% | $5K | $11K | 25x | as long as short |
| dYdX INJ-USD | +0.0047% | 1h | 7.6912 | −0.282% | $79K | $14K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7046 | −0.109% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7030 | −0.130% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7132 | +0.002% | $148K | $328K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7150 | +0.026% | $34.2M | $98.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7080 | −0.065% | $21.1M | $30.7M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7070 | −0.078% | $5.9M | $20.8M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.7160 | +0.039% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.7130 | long leg | $8.5M | $18.1M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.7080 | −0.065% | $14.2M | $11.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7037 | −0.121% | $274K | $123K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6980 | −0.194% | $46K | $264K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7164 | +0.043% | $114K | $646K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.7040 | −0.117% | $1.7M | $5.3M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.7130 | 0.000% | — | $21.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7120 | −0.013% | $30.9M | $21.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0324% / S −0.0344% | 1h | 7.7062 | −0.089% | $40K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0377% | 1h | 7.7180 | +0.065% | $25.9M | $7.9M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0736% | 1h | 7.7170 | +0.052% | $384K | $658K | 50x | as long as short |
| Kraken Futures PF_INJUSD | +0.1273% | 1h | 7.7209 | +0.102% | $899K | $3.6M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1415% | 1h | 7.7260 | +0.169% | $317K | $16.3M | 30x | as long as short |
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP