Funding you earn now, next payment 00:00 UTC+0.0347%/8h= +38.0% APRpaid last 24h +0.060%
Price spread now: Coinbase International against MEXC+0.370%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)−0.343%−$34 · spread now +0.370%, 7d avg +0.127%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.242% dearer against MEXC than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.127%. Mind the row above: over the last 7 days funding on this pair cost −0.156%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.156% in total (about -8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.8480 | 0.0285 | pay 0.0285% / 8h | 7h 57m | $31.7M | $22.5M | 300x |
| Short | Coinbase International INJ-PERP-INTX | 7.8770 | 0.0632 | get 0.0079% / 1h | 57m 08s | $385K | $667K | 50x |
MEXC INJ_USDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $72.87
- Price spread: +0.370% → +0.127%
- $24.22
- Slippage, 4 orders
- −$47.08
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $40
- Costs to cover
- 0.571%
- Break-even
- 3.2 days
Slippage from MEXC: live order book, 2 min ago; Coinbase International: live order book, 16 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 | 0.64 bp | 3.1 bp −$3 | 9.8 bp −$98 | 55.8 bp −$5,581 | 109.3 bp −$54.7K |
| Sell Coinbase International live order book, 16 min ago | 9.56 bp | 24.9 bp −$25 | 63.3 bp −$633 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | −0.0459% | 8h | 7.8400 | −0.102% | $22.0M | $32.0M | 50x | as long as short |
| Gate INJ_USDT | −0.0232% | 8h | 7.8410 | −0.089% | $2.8M | $4.9M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8412 | −0.087% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0094% | 1h | 7.8452 | −0.036% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8448 | −0.041% | $91K | $8K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8467 | −0.017% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8469 | −0.014% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8470 | −0.013% | $38K | $66K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8486 | +0.008% | $150K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8480 | 0.000% | $35.7M | $94.9M | 75x | as long as short |
Bybit INJUSDT
Gate INJ_USDT
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8420 | −0.076% | $6.4M | $20.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8480 | 0.000% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8450 | −0.038% | $14.5M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8439 | −0.052% | $280K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8540 | +0.076% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8444 | −0.046% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0194% | 1h | 7.8488 | +0.011% | $889K | $3.1M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8490 | +0.013% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8440 | −0.051% | — | $21.5M | — | as long as short |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.8480 | long leg | $31.7M | $22.5M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8482 | +0.002% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0620% | 1h | 7.8571 | +0.116% | $26.6M | $9.3M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0632% | 1h | 7.8770 | +0.370% | $385K | $667K | 50x | |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8800 | +0.408% | $329K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Injective INJ/USDC PERP