Funding you earn now, next payment 04:00 UTC−0.1048%/8h= −114.8% APRpaid last 24h −0.309%
Price spread now: MEXC against Injective−0.236%85s7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days−1.544%−$154 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now −0.236%, 7d avg −0.217%
=The price spread sits at its 7-day average of −0.217%, so right now this pair is about funding alone: −$31 a day on $10k at the current rate. The two prices were read 85 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 INJ/USDC PERP | 7.6350 | 0.1333 | pay 0.0167% / 1h | 39m 49s | $318K | $12.1M | 30x |
| Short | MEXC INJ_USDT | 7.6170 | 0.0285 | get 0.0285% / 8h | 4h 39m | $30.4M | $21.1M | 300x |
Injective INJ/USDC PERP
MEXC INJ_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$220.14
- Price spread: −0.236% → −0.217%
- −$1.88
- Slippage, 4 orders
- −$54.27
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$276.3
- Costs to cover
- 0.543%
- Break-even
- never at this rate
Slippage from Injective: live order book, 4 min ago; MEXC: live order book, 4 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 Injective live order book, 4 min ago | 23.64 bp | 23.6 bp −$24 | 26605.6 bp −$266.1K | 356054.4 bp −$35.61M | 1820269.3 bp −$910.13M |
| Sell MEXC live order book, 4 min ago | 0.66 bp | 3.1 bp −$3 | 17.8 bp −$178 | 61.0 bp −$6,100 | 92.8 bp −$46.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit INJ_USDC-PERPETUAL | −0.0550% | 1h | 7.6149 | −0.263% | $6K | $24K | 25x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6169 | −0.237% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6183 | −0.219% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6171 | −0.235% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6150 | −0.262% | $69K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6086 | −0.346% | $141K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6146 | −0.267% | $33.9M | $93.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6074 | −0.361% | $21.5M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6020 | −0.432% | $6.1M | $18.8M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6110 | −0.314% | $2.7M | $5.1M | 50x | as long as short |
Deribit INJ_USDC-PERPETUAL
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6160 | −0.249% | $9.6M | $17.1M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6140 | −0.275% | $14.1M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6121 | −0.300% | $267K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6990 | +0.838% | $46K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6160 | −0.249% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6151 | −0.260% | $114K | $367K | 10x | as long as short |
| Hyperliquid INJ | +0.0143% | 1h | 7.6249 | −0.132% | $25.8M | $8.7M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6230 | −0.157% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6201 | −0.195% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.6140 | −0.275% | — | $21.2M | — | as long as short |
| MEXC INJ_USDTshort | +0.0285% | 8h | 7.6170 | −0.236% | $30.4M | $21.1M | 300x | |
| Kraken Futures PF_INJUSD | +0.0323% | 1h | 7.6182 | −0.221% | $878K | $3.3M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.6310 | −0.052% | $377K | $594K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1333% | 1h | 7.6350 | long leg | $318K | $12.1M | 30x |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Hyperliquid INJ
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX