Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against MEXC+0.053%109s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as 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−$360.362% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.053%, 7d avg −0.035%
=The price spread pays, funding is against you. BloFin is 0.088% dearer against MEXC than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.035%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.1 days. The two prices were read 109 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 | MEXC INJ_USDT | 7.5920 | 0.0261 | pay 0.0261% / 8h | 3h 15m | $29.9M | $21.5M | 300x |
| Short | BloFin INJ-USDT | 7.5960 | 0.0220 | get 0.0220% / 8h | 3h 15m | $1.6M | $5.8M | 75x |
MEXC INJ_USDT
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$8.61
- Price spread: +0.053% → −0.035%
- $8.76
- Slippage, 4 orders
- −$24.23
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.08
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 8 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 MEXC live order book, 3 min ago | 0.66 bp | 3.0 bp −$3 | 11.6 bp −$116 | 58.6 bp −$5,863 | 136.4 bp −$68.2K |
| Sell BloFin live order book, 8 min ago | 1.32 bp | 17.7 bp −$18 | 37.7 bp −$377 | 170.2 bp −$17.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0233% | 1h | 7.5944 | +0.031% | $781K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5883 | −0.049% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5935 | +0.020% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5909 | −0.014% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0035% | 1h | 7.5936 | +0.021% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5885 | −0.046% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5900 | −0.026% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5977 | +0.075% | $25.6M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5955 | +0.047% | $139K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5925 | +0.006% | $33.1M | $96.4M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5884 | −0.047% | $21.1M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5870 | −0.066% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5890 | −0.040% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5920 | 0.000% | $9.5M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5840 | −0.105% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5872 | −0.064% | $267K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6020 | +0.132% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5908 | −0.016% | $113K | $357K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.5960 | +0.053% | $1.6M | $5.8M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.5920 | 0.000% | — | $20.9M | — | as long as short |
| MEXC INJ_USDTlong | +0.0261% | 8h | 7.5920 | long leg | $29.9M | $21.5M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5912 | −0.010% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6070 | +0.198% | $368K | $619K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6790 | +1.146% | $320K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP