Funding you earn now, next payment 22:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.053%
Price spread now: ApeX Omni against MEXC0.000%81s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as 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−$290.288% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 3 days (all we have)+0.091%+$9 · spread now 0.000%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.051% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.051%). Swap the legs. The two prices were read 81 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 | MEXC INJ_USDT | 7.7780 | 0.0285 | pay 0.0285% / 8h | 2h 14m | $31.8M | $23.7M | 300x |
| Short | ApeX Omni INJUSDT | 7.7780 | 0.0100 | get 0.0013% / 1h | 14m 14s | $47K | $347K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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: 0.000% → +0.051%
- −$5.06
- Slippage, 4 orders
- −$18.82
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$72.73
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 8 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 MEXC live order book, 5 min ago | 0.64 bp | 3.3 bp −$3 | 10.5 bp −$105 | 64.2 bp −$6,415 | 139.1 bp −$69.6K |
| Sell ApeX Omni live order book, 8 min ago | 5.14 bp | 10.9 bp −$11 | 109.3 bp −$1,093 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7713 | −0.086% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7684 | −0.124% | $90K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7807 | +0.035% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7751 | −0.038% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0070% | 8h | 7.7552 | −0.294% | $271K | $157K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0078% | 1h | 7.7818 | +0.049% | $886K | $3.2M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7777 | −0.004% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0097% | 8h | 7.7770 | −0.013% | $38K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7780 | 0.000% | $156K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7800 | +0.025% | $35.5M | $94.9M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.7730 | −0.064% | $21.5M | $32.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7730 | −0.064% | $6.4M | $20.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7730 | −0.064% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7760 | −0.026% | $9.5M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7760 | −0.026% | $14.3M | $10.9M | 75x | as long as short |
| ApeX Omni INJUSDTshort | +0.0100% | 1h | 7.7780 | 0.000% | $47K | $347K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.7785 | +0.007% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7640 | −0.180% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7750 | −0.039% | — | $21.3M | — | as long as short |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.7780 | long leg | $31.8M | $23.7M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0353% / S −0.0391% | 1h | 7.7754 | −0.034% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7950 | +0.219% | $389K | $699K | 50x | as long as short |
| Hyperliquid INJ | +0.0900% | 1h | 7.7906 | +0.162% | $26.4M | $9.1M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1499% | 1h | 7.7940 | +0.206% | $319K | $12.1M | 30x | as long as short |
MEXC INJ_USDT
ApeX Omni INJUSDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP