Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BingX+0.104%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$250.253% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.104%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.085% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.7050 | 0.0248 | pay 0.0248% / 8h | 36m 36s | — | $21.4M | — |
| Short | MEXC INJ_USDT | 7.7130 | 0.0261 | get 0.0261% / 8h | 36m 36s | $31.0M | $20.6M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $2.73
- Price spread: +0.104% → +0.019%
- $8.52
- Slippage, 4 orders
- −$15.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$14.07
- Costs to cover
- 0.253%
- Break-even
- 43.1 days
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 0.65 bp | 7.6 bp −$8 | 14.1 bp −$141 | 44.3 bp −$4,430 | 119.5 bp −$59.8K |
| Sell MEXC live order book, 2 min ago | 2.59 bp | 5.7 bp −$6 | 13.1 bp −$131 | 59.9 bp −$5,991 | 104.2 bp −$52.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7022 | −0.037% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7140 | +0.116% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.7050 | 0.000% | $17K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7162 | +0.145% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7100 | +0.065% | $34K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7060 | +0.014% | $142K | $437K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7060 | +0.013% | $34.3M | $103.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7060 | +0.013% | $21.4M | $32.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7090 | +0.052% | $6.1M | $20.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7110 | +0.078% | $2.7M | $5.8M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7120 | +0.091% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6980 | −0.091% | $14.1M | $11.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7550 | +0.649% | $275K | $146K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7670 | +0.805% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7109 | +0.077% | $115K | $642K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7170 | +0.156% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDTlong | +0.0248% | 8h | 7.7050 | long leg | — | $21.4M | — | |
| MEXC INJ_USDTshort | +0.0261% | 8h | 7.7130 | +0.104% | $31.0M | $20.6M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0326% / S −0.0344% | 1h | 7.7044 | −0.008% | $40K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0372% | 1h | 7.7160 | +0.143% | $6K | $26K | 25x | as long as short |
| Hyperliquid INJ | +0.0388% | 1h | 7.7259 | +0.271% | $25.9M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0566% | 1h | 7.7130 | +0.103% | $809K | $3.6M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.7670 | +0.805% | $391K | $718K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1548% | 1h | 7.7470 | +0.545% | $313K | $12.1M | 30x | as long as short |
BingX INJ-USDT
MEXC INJ_USDT
gTrade (Gains Network) INJ/USD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
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]
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP