Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against KuCoin+0.038%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.038%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.056% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.8860 | 0.0100 | pay 0.0100% / 8h | 42m 00s | $9.5M | $16.5M | 50x |
| Short | Bybit INJUSDT | 7.8890 | 0.0100 | get 0.0100% / 8h | 42m 00s | $22.3M | $32.2M | 50x |
KuCoin INJUSDTM
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.038% → −0.018%
- $5.59
- Slippage, 4 orders
- −$55.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$73.22
- Costs to cover
- 0.788%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: 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 KuCoin live order book, 2 min ago | 4.43 bp | 21.2 bp −$21 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.63 bp | 20.3 bp −$20 | 44.9 bp −$449 | 144.5 bp −$14.4K | doesn't fit |
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 | 7.8883 | +0.029% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8920 | +0.076% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8944 | +0.107% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8896 | +0.046% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8895 | +0.044% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8920 | +0.076% | $37K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8901 | +0.052% | $158K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8930 | +0.089% | $36.0M | $94.7M | 75x | as long as short |
| Bybit INJUSDTshort | +0.0100% | 8h | 7.8890 | +0.038% | $22.3M | $32.2M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8910 | +0.063% | $6.5M | $20.3M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.8900 | +0.051% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.8860 | long leg | $9.5M | $16.5M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.8850 | −0.013% | $14.6M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.9315 | +0.577% | $283K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.9250 | +0.495% | $49K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8884 | +0.031% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0202% | 1h | 7.8958 | +0.124% | $880K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.9000 | +0.178% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8900 | +0.051% | — | $21.6M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8920 | +0.076% | $32.0M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8905 | +0.057% | $47K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0605% | 1h | 7.9003 | +0.181% | $26.7M | $9.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9870 | +1.281% | $392K | $728K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9600 | +0.938% | $326K | $12.1M | 30x | as long as short |
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP