Funding you earn now, next payment 08:00 UTC−0.0185%/8h= −20.3% APRnext payment −$1.85 per $10,000 · paid last 24h −0.071%
Price spread now: OKX against MEXC−0.166%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days−0.279%−$28 on $10k
+Price spread, last 7 days+0.171%+$17 · spread now −0.166%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.144% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.8540 | 0.0285 | pay 0.0285% / 8h | 6h 22m | $32.0M | $21.3M | 300x |
| Short | OKX INJ-USDT-SWAP | 7.8410 | 0.0100 | get 0.0100% / 8h | 6h 22m | $6.4M | $19.1M | 50x |
MEXC INJ_USDT
OKX INJ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.166% → −0.022%
- −$14.37
- Slippage, 4 orders
- −$17.98
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.2
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 1 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 | 2.2 bp −$2 | 10.2 bp −$102 | 64.0 bp −$6,398 | 133.8 bp −$66.9K |
| Sell OKX live order book, 1 min ago | 0.64 bp | 13.1 bp −$13 | 29.3 bp −$293 | doesn't fit | doesn't fit |
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 | 7.8497 | −0.054% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0005% | 1h | 7.8475 | −0.083% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8480 | −0.076% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0023% | 1h | 7.8516 | −0.031% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8455 | −0.108% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8551 | +0.014% | $150K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8471 | −0.088% | $35.6M | $91.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8437 | −0.131% | $22.1M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAPshort | +0.0100% | 8h | 7.8410 | −0.166% | $6.4M | $19.1M | 50x | |
| Gate INJ_USDT | +0.0100% | 8h | 7.8530 | −0.013% | $2.8M | $4.9M | 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
Bybit INJUSDT
Gate INJ_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8530 | −0.013% | $9.4M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8460 | −0.102% | $14.4M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8292 | −0.316% | $275K | $152K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8480 | −0.076% | $47K | $280K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8470 | −0.089% | $35K | $80K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8493 | −0.060% | $117K | $365K | 10x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 7.8451 | −0.113% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8530 | −0.013% | — | $21.4M | — | as long as short |
| MEXC INJ_USDTlong | +0.0285% | 8h | 7.8540 | long leg | $32.0M | $21.3M | 300x | |
| Hyperliquid INJ | +0.0378% | 1h | 7.8614 | +0.094% | $26.5M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0403% | 1h | 7.8486 | −0.069% | $873K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8690 | +0.191% | $384K | $605K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8530 | −0.013% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP