Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$1.48 per $10,000 · paid last 24h +0.038%
Price spread now: BingX against KuCoin−0.205%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 7 days+0.183%+$18 · spread now −0.205%, 7d avg −0.004%
=Funding pays, the price is against you. BingX is 0.201% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.205% now, against its 7-day average of −0.004%). If the spread goes back, that is −$20 on $10k: about 4.5 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.7880 | 0.0100 | pay 0.0100% / 8h | 54m 13s | $8.7M | $18.6M | 50x |
| Short | BingX INJ-USDT | 7.7720 | 0.0248 | get 0.0248% / 8h | 54m 13s | — | $21.4M | — |
KuCoin INJUSDTM
BingX INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $31.08
- Price spread: −0.205% → −0.004%
- −$20.14
- Slippage, 4 orders
- −$30.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.81
- Costs to cover
- 0.528%
- Break-even
- 16.4 days
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 14 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 KuCoin live order book, 5 min ago | 5.85 bp | 20.6 bp −$21 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 0.65 bp | 5.7 bp −$6 | 7.7 bp −$77 | 15.3 bp −$1,532 | 56.6 bp −$28.3K |
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 | 7.7974 | +0.120% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7189 | −0.888% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.8110 | +0.295% | $17K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8223 | +0.441% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8200 | +0.411% | $35K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7961 | +0.104% | $144K | $435K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7880 | 0.000% | $34.8M | $101.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7791 | −0.114% | $21.8M | $32.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7730 | −0.193% | $6.2M | $20.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7780 | −0.128% | $2.8M | $5.5M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
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 INJUSDTMlong | +0.0100% | 8h | 7.7880 | long leg | $8.7M | $18.6M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.7710 | −0.218% | $14.3M | $11.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7421 | −0.590% | $275K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6800 | −1.387% | $46K | $267K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8097 | +0.279% | $116K | $555K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7560 | −0.411% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDTshort | +0.0248% | 8h | 7.7720 | −0.205% | — | $21.4M | — | |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7850 | −0.039% | $31.4M | $20.4M | 300x | as long as short |
| Hyperliquid INJ | +0.0272% | 1h | 7.7847 | −0.042% | $26.2M | $8.8M | 5x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0327% / S −0.0344% | 1h | 7.8123 | +0.313% | $41K | — | 100x | as long as short |
| Kraken Futures PF_INJUSD | +0.0558% | 1h | 7.8189 | +0.397% | $825K | $3.6M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.7900 | +0.026% | $393K | $710K | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0697% | 1h | 7.8220 | +0.437% | $7K | $25K | 25x | as long as short |
| Injective INJ/USDC PERP | +0.1548% | 1h | 7.7700 | −0.231% | $311K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Deribit INJ_USDC-PERPETUAL
Injective INJ/USDC PERP