Funding you earn now, next payment 08:00 UTC−0.0185%/8h= −20.3% APRnext payment −$1.85 per $10,000 · paid last 24h −0.070%
Price spread now: Bybit against MEXC−0.001%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days−0.275%−$28 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.001%, 7d avg −0.029%
=The price spread pays, funding is against you. Bybit is 0.027% dearer against MEXC than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.7620 | 0.0285 | pay 0.0285% / 8h | 6h 49m | $30.9M | $21.0M | 300x |
| Short | Bybit INJUSDT | 7.7619 | 0.0100 | get 0.0100% / 8h | 6h 49m | $22.0M | $31.3M | 50x |
MEXC INJ_USDT
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.001% → −0.029%
- $2.75
- Slippage, 4 orders
- −$26.14
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$73.24
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: 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, 4 min ago | 0.64 bp | 3.9 bp −$4 | 10.7 bp −$107 | 61.8 bp −$6,184 | 119.6 bp −$59.8K |
| Sell Bybit live order book, 4 min ago | 0.64 bp | 15.1 bp −$15 | 44.6 bp −$446 | 187.2 bp −$18.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7563 | −0.073% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7596 | −0.031% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7567 | −0.069% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0024% | 1h | 7.7690 | +0.090% | $80K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7555 | −0.084% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7639 | +0.024% | $148K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7630 | +0.012% | $35.4M | $93.0M | 75x | as long as short |
| Bybit INJUSDTshort | +0.0100% | 8h | 7.7619 | −0.001% | $22.0M | $31.3M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7620 | 0.000% | $6.3M | $19.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7570 | −0.064% | $2.8M | $4.8M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance 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 | 7.7600 | −0.026% | $9.3M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7590 | −0.039% | $14.2M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7673 | +0.068% | $275K | $158K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7600 | −0.026% | $47K | $312K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7600 | −0.026% | $37K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7601 | −0.024% | $115K | $363K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7770 | +0.193% | $1.8M | $6.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7620 | 0.000% | — | $21.5M | — | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0274% / S −0.0211% | 1h | 7.7549 | −0.092% | $30K | — | 100x | as long as short |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.7620 | long leg | $30.9M | $21.0M | 300x | |
| Hyperliquid INJ | +0.0339% | 1h | 7.7734 | +0.147% | $26.2M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0408% | 1h | 7.7628 | +0.011% | $871K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8010 | +0.502% | $381K | $637K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8070 | +0.580% | $325K | $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
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP