Funding you earn now, next payment 08:00 UTC−0.0185%/8h= −20.3% APRnext payment −$1.85 per $10,000 · paid last 24h −0.045%
Price spread now: Binance against MEXC−0.023%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days−0.293%−$29 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.023%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.029% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.7180 | 0.0285 | pay 0.0285% / 8h | 5h 37m | $31.2M | $20.8M | 300x |
| Short | Binance INJUSDT | 7.7162 | 0.0100 | get 0.0100% / 8h | 5h 37m | $35.0M | $90.0M | 75x |
MEXC INJ_USDT
Binance INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.023% → +0.006%
- −$2.87
- Slippage, 4 orders
- −$18.67
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.39
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: 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 MEXC live order book, 1 min ago | 0.65 bp | 2.9 bp −$3 | 11.1 bp −$111 | 53.8 bp −$5,379 | 100.3 bp −$50.2K |
| Sell Binance live order book, 5 min ago | 0.64 bp | 12.2 bp −$12 | 23.3 bp −$233 | 100.9 bp −$10.1K | 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 | 7.7142 | −0.050% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7188 | +0.010% | $80K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7169 | −0.014% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7160 | −0.026% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7146 | −0.045% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7120 | −0.078% | $147K | $424K | 20x | as long as short |
| Binance INJUSDTshort | +0.0100% | 8h | 7.7162 | −0.023% | $35.0M | $90.0M | 75x | |
| Bybit INJUSDT | +0.0100% | 8h | 7.7142 | −0.049% | $21.8M | $30.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7110 | −0.091% | $6.3M | $18.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7100 | −0.104% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7180 | 0.000% | $9.3M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7120 | −0.078% | $14.2M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7270 | +0.117% | $272K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7420 | +0.311% | $46K | $272K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7150 | −0.039% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7128 | −0.068% | $116K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7180 | 0.000% | $1.7M | $6.3M | 75x | as long as short |
| Hyperliquid INJ | +0.0265% | 1h | 7.7248 | +0.088% | $26.0M | $8.7M | 5x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7141 | −0.051% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7160 | −0.026% | — | $21.2M | — | as long as short |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.7180 | long leg | $31.2M | $20.8M | 300x | |
| Kraken Futures PF_INJUSD | +0.0443% | 1h | 7.7168 | −0.015% | $855K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.7750 | +0.739% | $382K | $584K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.7480 | +0.389% | $323K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
Hyperliquid INJ
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP