Funding arb · Price arb /

1INCH

all 1INCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: MEXC against Injective+5.478%70s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 5.478% dearer against Injective than usual: you sell high and buy low: +$548 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective 1INCH/USDC PERP	0.09766	0.0033	pay 0.0004% / 1h	30m 06s	$6	$26K	5.5x
Short	MEXC 1INCH_USDT	0.1030	0.0100	get 0.0100% / 8h	5h 30m	$829K	$165K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee MEXCbpOrdersPrice spread, now +5.478%Rate

Funding earned: $14
Price spread: +5.478% → 0.000%: $547.82
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee MEXC: 2 bp × 2 orders: −$4
Net: $557.8
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; MEXC: live order book, 26 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell MEXC live order book, 26 min ago	4.88 bp	12.3 bp −$12	59.6 bp −$596	201.4 bp −$20.1K	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

1INCH on 13 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
dYdX 1INCH-USD	0.0000%	1h	0.1029	+5.385%	$20K	$113	5x	as long as short
Injective 1INCH/USDC PERPlong	+0.0033%	1h	0.09766	long leg	$6	$26K	5.5x
BloFin 1INCH-USDT	+0.0076%	8h	0.1029	+5.407%	$224K	$11K	75x	as long as short
Binance 1INCHUSDT	+0.0100%	8h	0.1030	+5.497%	$3.3M	$3.1M	75x	as long as short
Bybit 1INCHUSDT	+0.0100%	8h	0.1028	+5.284%	$3.4M	$730K	75x	as long as short
OKX 1INCH-USDT-SWAP	+0.0100%	8h	0.1029	+5.407%	$702K	$655K	20x	as long as short
Gate 1INCH_USDT	+0.0100%	8h	0.1029	+5.407%	$254K	$30K	50x	as long as short
MEXC 1INCH_USDTshort	+0.0100%	8h	0.1030	+5.478%	$829K	$165K	200x
KuCoin 1INCHUSDTM	+0.0100%	8h	0.1031	+5.570%	$527K	$179K	30x	as long as short
Bitget 1INCHUSDT	+0.0100%	8h	0.1030	+5.499%	$507K	$347K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX 1INCH-USDT	+0.0100%	8h	0.1029	+5.407%	—	$41.0M	—	as long as short
Variational Omni 1INCH	+0.0100%	8h	0.1028	+5.236%	$36K	$139	—	as long as short
Kraken Futures PF_1INCHUSD	+0.2129%	1h	0.1032	+5.664%	$65K	$2K	10x	as long as short