Funding you earn now, next payment 08:00 UTC+0.0185%/8h= +20.3% APRnext payment +$1.85 per $10,000 · paid last 24h +0.042%
Price spread now: MEXC against KuCoin+0.040%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.040%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.5630 | 0.0100 | pay 0.0100% / 8h | 4h 19m | $9.4M | $17.4M | 50x |
| Short | MEXC INJ_USDT | 7.5660 | 0.0285 | get 0.0285% / 8h | 4h 19m | $29.9M | $21.3M | 300x |
KuCoin INJUSDTM
MEXC INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $38.85
- Price spread: +0.040% → +0.011%
- $2.88
- Slippage, 4 orders
- −$31.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1.87
- Costs to cover
- 0.436%
- Break-even
- 7.3 days
Slippage from KuCoin: live order book, 5 min ago; MEXC: 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 KuCoin live order book, 5 min ago | 2.65 bp | 15.3 bp −$15 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.66 bp | 4.3 bp −$4 | 13.1 bp −$131 | 62.9 bp −$6,289 | 116.0 bp −$58.0K |
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 | 7.5657 | +0.035% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5656 | +0.035% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5687 | +0.075% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5721 | +0.120% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5637 | +0.009% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5730 | +0.132% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5696 | +0.087% | $140K | $422K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5678 | +0.063% | $33.3M | $96.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5646 | +0.021% | $21.0M | $32.1M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5610 | −0.026% | $6.1M | $19.2M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.5630 | 0.000% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.5630 | long leg | $9.4M | $17.4M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.5610 | −0.026% | $13.9M | $10.6M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5621 | −0.012% | $266K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5670 | +0.053% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5650 | +0.026% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5690 | +0.079% | $112K | $366K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5690 | +0.079% | $1.7M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5717 | +0.114% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.5650 | +0.026% | — | $21.3M | — | as long as short |
| MEXC INJ_USDTshort | +0.0285% | 8h | 7.5660 | +0.040% | $29.9M | $21.3M | 300x | |
| Kraken Futures PF_INJUSD | +0.0325% | 1h | 7.5655 | +0.033% | $815K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5820 | +0.251% | $373K | $605K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.5930 | +0.397% | $317K | $12.1M | 30x | as long as short |
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP