Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against MEXC−0.013%109s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$350.347% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.013%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 109 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 | 7.6060 | 0.0261 | pay 0.0261% / 8h | 3h 51m | $30.1M | $21.3M | 300x |
| Short | BloFin INJ-USDT | 7.6050 | 0.0220 | get 0.0220% / 8h | 3h 51m | $1.7M | $5.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$8.61
- Price spread: −0.013% → −0.033%
- $1.97
- Slippage, 4 orders
- −$22.73
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$41.36
- Costs to cover
- 0.347%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 2 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, 2 min ago | 1.98 bp | 4.0 bp −$4 | 9.6 bp −$96 | 58.6 bp −$5,863 | 126.3 bp −$63.1K |
| Sell BloFin live order book, 2 min ago | 1.98 bp | 15.6 bp −$16 | 35.5 bp −$355 | 167.2 bp −$16.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0233% | 1h | 7.6052 | −0.011% | $804K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6020 | −0.052% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6005 | −0.072% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6088 | +0.037% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6029 | −0.040% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5999 | −0.080% | $69K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6076 | +0.021% | $25.7M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6030 | −0.040% | $140K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6005 | −0.073% | $33.3M | $97.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5982 | −0.103% | $21.1M | $32.3M | 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 | 7.5990 | −0.092% | $6.2M | $19.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6030 | −0.039% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5980 | −0.105% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6020 | −0.053% | $14.0M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5552 | −0.668% | $265K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6010 | −0.066% | $46K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6030 | −0.039% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5990 | −0.092% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.6050 | −0.013% | $1.7M | $5.9M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.6070 | +0.013% | — | $21.2M | — | as long as short |
| MEXC INJ_USDTlong | +0.0261% | 8h | 7.6060 | long leg | $30.1M | $21.3M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.6046 | −0.018% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6210 | +0.197% | $370K | $623K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6040 | −0.026% | $317K | $12.1M | 30x | as long as short |
MEXC INJ_USDT
BloFin INJ-USDT
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP