Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment −$1.71 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against BingX+0.077%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 7 days−0.080%−$8 · spread now +0.077%, 7d avg +0.004%
=The price spread pays, funding is against you. KuCoin is 0.073% dearer against BingX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.004%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.175% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.7970 | 0.0271 | pay 0.0271% / 8h | 6h 17m | — | $21.3M | — |
| Short | KuCoin INJUSDTM | 7.8030 | 0.0100 | get 0.0100% / 8h | 6h 17m | $9.3M | $16.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.077% → +0.004%
- $7.32
- Slippage, 4 orders
- −$29.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$79.68
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 6 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 BingX live order book, 6 min ago | 0.64 bp | 5.6 bp −$6 | 6.7 bp −$67 | 17.3 bp −$1,729 | 77.4 bp −$38.7K |
| Sell KuCoin live order book, 6 min ago | 3.19 bp | 23.9 bp −$24 | 53.2 bp −$532 | 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 | 7.8243 | +0.350% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8300 | +0.423% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0021% | 1h | 7.8007 | +0.047% | $81K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0044% | 1h | 7.8266 | +0.380% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8229 | +0.332% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8092 | +0.157% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8015 | +0.057% | $35.4M | $91.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7985 | +0.019% | $22.0M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7980 | +0.013% | $6.3M | $18.9M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7960 | −0.013% | $2.7M | $4.9M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTMshort | +0.0100% | 8h | 7.8030 | +0.077% | $9.3M | $16.5M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.7990 | +0.026% | $14.3M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8251 | +0.360% | $275K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8260 | +0.372% | $47K | $280K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8240 | +0.346% | $35K | $80K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7982 | +0.015% | $116K | $365K | 10x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 7.8271 | +0.387% | $30K | — | 100x | as long as short |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.7970 | long leg | — | $21.3M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8000 | +0.038% | $31.9M | $21.3M | 300x | as long as short |
| Hyperliquid INJ | +0.0388% | 1h | 7.8134 | +0.210% | $26.3M | $8.9M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0404% | 1h | 7.8286 | +0.405% | $871K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8450 | +0.616% | $383K | $603K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8580 | +0.782% | $328K | $12.1M | 30x | as long as short |
BingX INJ-USDT
KuCoin INJUSDTM
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP