Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.067%
Price spread now: BingX against OKX−0.079%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now −0.079%, 7d avg +0.007%
=Funding pays, the price is against you. BingX is 0.086% cheaper against OKX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.007%). If the spread goes back, that is −$9 on $10k: about 40 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX INJ-USDT-SWAP | 7.5720 | 0.0100 | pay 0.0100% / 8h | 3h 59m | $6.1M | $19.4M | 50x |
| Short | BingX INJ-USDT | 7.5660 | 0.0271 | get 0.0271% / 8h | 3h 59m | — | $21.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $35.91
- Price spread: −0.079% → +0.007%
- −$8.65
- Slippage, 4 orders
- −$17.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$10.17
- Costs to cover
- 0.374%
- Break-even
- 9.0 days
Slippage from OKX: live order book, 4 min ago; BingX: 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 OKX live order book, 4 min ago | 0.66 bp | 10.6 bp −$11 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 0.66 bp | 6.6 bp −$7 | 11.3 bp −$113 | 29.5 bp −$2,945 | 73.1 bp −$36.5K |
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 | −0.0234% | 1h | 7.5787 | +0.088% | $804K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5753 | +0.043% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0093% | 1h | 7.5778 | +0.077% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5836 | +0.153% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5819 | +0.131% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5765 | +0.059% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5712 | −0.011% | $25.6M | $8.9M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5816 | +0.127% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5765 | +0.059% | $33.3M | $97.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5748 | +0.037% | $21.1M | $32.2M | 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-SWAPlong | +0.0100% | 8h | 7.5720 | long leg | $6.1M | $19.4M | 50x | |
| Gate INJ_USDT | +0.0100% | 8h | 7.5760 | +0.053% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5740 | +0.026% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5610 | −0.145% | $13.9M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5852 | +0.174% | $267K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5760 | +0.053% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5790 | +0.092% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5801 | +0.107% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5740 | +0.026% | $1.6M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5800 | +0.106% | $29K | — | 100x | as long as short |
| BingX INJ-USDTshort | +0.0271% | 8h | 7.5660 | −0.079% | — | $21.3M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5730 | +0.013% | $29.8M | $21.3M | 300x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6000 | +0.370% | $369K | $614K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6120 | +0.528% | $317K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
BingX INJ-USDT
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP