Funding you earn now, next payment 00:00 UTC−0.0185%/8h= −20.3% APRnext payment −$1.85 per $10,000 · paid last 24h −0.037%
Price spread now: Bitget against MEXC−0.076%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.076%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.021% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.9450 | 0.0285 | pay 0.0285% / 8h | 54m 59s | $32.5M | $22.6M | 300x |
| Short | Bitget INJUSDT | 7.9390 | 0.0100 | get 0.0100% / 8h | 54m 59s | $14.6M | $10.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.076% → −0.055%
- −$2.09
- Slippage, 4 orders
- −$25.85
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.8
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; Bitget: live order book, 4 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, 9 min ago | 0.63 bp | 4.4 bp −$4 | 12.3 bp −$123 | 56.2 bp −$5,624 | 94.8 bp −$47.4K |
| Sell Bitget live order book, 4 min ago | 1.27 bp | 14.0 bp −$14 | 25.2 bp −$252 | 115.1 bp −$11.5K | 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 | 7.9410 | −0.051% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.9338 | −0.141% | $92K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.9431 | −0.024% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.9436 | −0.017% | $4K | — | 150x | as long as short |
| ApeX Omni INJUSDT | +0.0079% | 1h | 7.9180 | −0.340% | $49K | $348K | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.9381 | −0.087% | $72K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.9410 | −0.050% | $39K | $63K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.9440 | −0.013% | $159K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.9440 | −0.013% | $36.2M | $94.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.9380 | −0.088% | $22.0M | $31.7M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.9390 | −0.076% | $6.5M | $20.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.9410 | −0.050% | $2.9M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.9420 | −0.038% | $9.6M | $16.5M | 50x | as long as short |
| Bitget INJUSDTshort | +0.0100% | 8h | 7.9390 | −0.076% | $14.6M | $10.6M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.9214 | −0.297% | $279K | $157K | — | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.9438 | −0.016% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0201% | 1h | 7.9442 | −0.010% | $884K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.9460 | +0.013% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.9400 | −0.063% | — | $21.5M | — | as long as short |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.9450 | long leg | $32.5M | $22.6M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0357% / S −0.0418% | 1h | 7.9440 | −0.013% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0583% | 1h | 7.9532 | +0.103% | $27.0M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9530 | +0.101% | $391K | $728K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9510 | +0.076% | $325K | $12.1M | 30x | as long as short |
MEXC INJ_USDT
Bitget INJUSDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
ApeX Omni INJUSDT
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Variational Omni INJ
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP