Funding you earn now, next payment 08:00 UTC+0.0185%/8h= +20.3% APRnext payment +$1.85 per $10,000 · paid last 24h +0.046%
Price spread now: MEXC against Binance+0.021%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.021%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INJUSDT | 7.8524 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $35.7M | $94.3M | 75x |
| Short | MEXC INJ_USDT | 7.8540 | 0.0285 | get 0.0285% / 8h | 7h 50m | $31.7M | $22.6M | 300x |
Binance INJUSDT
MEXC INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: +0.021% → −0.006%
- $2.72
- Slippage, 4 orders
- −$16.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $15.47
- Costs to cover
- 0.261%
- Break-even
- 4.2 days
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 8 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 Binance live order book, 7 min ago | 0.64 bp | 8.7 bp −$9 | 18.5 bp −$185 | 150.2 bp −$15.0K | doesn't fit |
| Sell MEXC live order book, 8 min ago | 0.64 bp | 3.8 bp −$4 | 11.6 bp −$116 | 65.2 bp −$6,516 | 118.0 bp −$59.0K |
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 | −0.0315% | 8h | 7.8428 | −0.122% | $22.0M | $31.8M | 50x | as long as short |
| ApeX Omni INJUSDT | −0.0200% | 1h | 7.8550 | +0.034% | $48K | $349K | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8488 | −0.045% | — | — | 20x | as long as short |
| Gate INJ_USDT | −0.0062% | 8h | 7.8500 | −0.030% | $2.8M | $4.9M | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0043% | 1h | 7.8496 | −0.035% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8547 | +0.030% | $91K | $8K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8526 | +0.003% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0096% | 8h | 7.8483 | −0.052% | $280K | $160K | — | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8449 | −0.095% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8460 | −0.081% | $38K | $66K | 10x | as long as short |
Bybit INJUSDT
ApeX Omni INJUSDT
Reya INJRUSDPERP
Gate INJ_USDT
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Aevo INJ-PERP
Orderly PERP_INJ_USDCShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INJUSDT | +0.0100% | 8h | 7.8603 | +0.101% | $150K | $443K | 20x | as long as short |
| Binance INJUSDTlong | +0.0100% | 8h | 7.8524 | long leg | $35.7M | $94.3M | 75x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8450 | −0.094% | $6.4M | $20.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8530 | +0.008% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8440 | −0.106% | $14.5M | $10.4M | 75x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8464 | −0.076% | $117K | $495K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0194% | 1h | 7.8500 | −0.029% | $887K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8560 | +0.046% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8540 | +0.021% | — | $21.5M | — | as long as short |
| MEXC INJ_USDTshort | +0.0285% | 8h | 7.8540 | +0.021% | $31.7M | $22.6M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8510 | −0.018% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0603% | 1h | 7.8629 | +0.134% | $26.6M | $9.2M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8720 | +0.250% | $385K | $666K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8950 | +0.543% | $329K | $12.1M | 30x | as long as short |
Aster INJUSDT
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
Bitget INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP