Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against MEXC−0.051%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.051%, 7d avg −0.015%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.036% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.8350 | 0.0285 | pay 0.0285% / 8h | 6h 24m | $31.8M | $21.3M | 300x |
| Short | BingX INJ-USDT | 7.8310 | 0.0271 | get 0.0271% / 8h | 6h 24m | — | $21.4M | — |
MEXC INJ_USDT
BingX INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$2.94
- Price spread: −0.051% → −0.015%
- −$3.63
- Slippage, 4 orders
- −$11.19
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.75
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from MEXC: 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 MEXC live order book, 4 min ago | 0.64 bp | 5.6 bp −$6 | 11.9 bp −$119 | 61.4 bp −$6,141 | 126.5 bp −$63.3K |
| Sell BingX live order book, 9 min ago | 0.65 bp | 7.0 bp −$7 | 10.5 bp −$105 | 28.4 bp −$2,845 | 68.3 bp −$34.2K |
INJ on 23 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 | 7.8448 | +0.125% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8460 | +0.141% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0024% | 1h | 7.8322 | −0.036% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8468 | +0.150% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8338 | −0.016% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8316 | −0.044% | $35.5M | $91.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8268 | −0.105% | $22.0M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8250 | −0.128% | $6.4M | $19.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8300 | −0.064% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8340 | −0.013% | $9.4M | $16.5M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8320 | −0.038% | $14.4M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8292 | −0.074% | $275K | $152K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7770 | −0.740% | $47K | $281K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8460 | +0.140% | $35K | $80K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8342 | −0.011% | $116K | $365K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0171% | 1h | 7.8473 | +0.157% | $6K | $24K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 7.8449 | +0.126% | $30K | — | 100x | as long as short |
| BingX INJ-USDTshort | +0.0271% | 8h | 7.8310 | −0.051% | — | $21.4M | — | |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.8350 | long leg | $31.8M | $21.3M | 300x | |
| Hyperliquid INJ | +0.0372% | 1h | 7.8428 | +0.100% | $26.4M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0403% | 1h | 7.8473 | +0.156% | $877K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8430 | +0.102% | $383K | $603K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8520 | +0.217% | $327K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP