INJ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexINJUSDT	8.0660	+0.2502	pay 0.2502% / 8h	7h 46m	$1.9M	$3.2M	50x	Long Phemex
SHORT	BingXINJ-USDT	8.0300	−0.0061	pay 0.0061% / 8h	7h 46m	$7.0M	$24.2M	300x	Short BingX

Price gap−0.446%

Funding gap−0.2563% /8h

Both sides work against this direction now: funding costs $77 a day on $10k and the gap is 0.419% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$4−0.2563% /8h now · paid −0.038% over the last 7D

Price−$42spread −0.446% now, avg −0.028% → −0.419% if it goes back

Costs−$1291.290% of $10k · taker + slippage, in and out

Result−$175−1.75%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.038% in total, about −0.0018%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.446%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

INJ on 24 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size80.9 / 5.9 bp
At $10k entering Phemex costs 80.9 bp, fee and slippage, 13.7× BingX’s.
Note: Margin at max leverage$200 + $33
Phemex 50x, BingX 300x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$76.90Long Phemex: 3 payments, −$75.07; short BingX: 3 payments, −$1.83.
Watch: Gap narrower than usual−0.446% vs −0.028%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Long leg is thinner$1.9M vs $7.0M OI
Both legs are deep; Phemex is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhemex Yes · BingX Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0018%/8h × 21 periods−$3.78

Price spread−0.446% → −0.028% (7d avg)−$41.85

Slippage, 4 orderslive order books−$107.03

Fee Phemex bp × 2 orders−$12.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$174.66

Costs to cover1.290%Break-evennever at this rate

Slippage: Phemex: live order book, 4 min ago; BingX: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex30.5380.9 bp−$81206.7 bp−$2,067doesn’t fitdoesn’t fit

SELL · SHORTBingX0.635.9 bp−$68.9 bp−$8916.7 bp−$1,66966.3 bp−$33.2K

Closing costs about the same again.

INJ news

posts that mention INJ, from every exchange

11-05 15:14	Injective	Other	@Nasdaq @BitGo 7/ Eight years ago, we set out to make global financial markets accessible to everyone. Today, $INJ is on Nasdaq through a U.S. ETF, opening the door for billions to gain exposure to the asset powering a new global financial economy. And we're just getting started. @injective on X ↗
11-05 15:14	Injective	Token	@Nasdaq @BitGo 5/ Behind the $INJC ticker is the Layer 1 built for finance → 3B+ transactions → Over $1 Billion in tokenized assets → Over 7.2 Million in $INJ buybacks using onchain revenue → Infrastructure tailor-made for RWAs, perps, trading and privacy @injective on X ↗
11-05 15:14	Injective	Other	@Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗
11-05 15:14	Injective	Other	@Nasdaq 3/ Inside $INJC → Spot $INJ custodied by @BitGo → Aims to stake up to 90% of $INJ holdings → Net staking rewards restaked automatically In short, $INJ staking is now part of a U.S. regulated ETF. @injective on X ↗
11-05 15:14	Injective	Other	@Nasdaq 2/ Investors, users and institutions worldwide can now get $INJ exposure from the same brokerage account that holds their stocks. No wallet. No keys. No hassle. No crypto exchange account needed. @injective on X ↗
11-05 15:14	Injective	Other	@Nasdaq @BitGo 6/ Injective's institutional milestones go far beyond the $INJ ETF. → First L1 with an SEC registered transfer agent → Over $1 Billion tokenized onchain → Major tokenization project with global giant LG → Institutional Rail product release for banks and enterprises @injective on X ↗

INJ