Funding you earn now, next payment 08:00 UTC+0.0419%/8h= +45.9% APRpaid last 24h +0.084%
Price spread now: Coinbase International against MEXC+0.371%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.371%, 7d avg +0.115%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.256% dearer against MEXC than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.115%. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INJ_USDT | 7.8230 | 0.0261 | pay 0.0261% / 8h | 7h 18m | $31.4M | $21.2M | 300x |
| Short | Coinbase International INJ-PERP-INTX | 7.8520 | 0.0680 | get 0.0085% / 1h | 18m 54s | $392K | $755K | 50x |
MEXC INJ_USDT
Coinbase International INJ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $87.99
- Price spread: +0.371% → +0.115%
- $25.56
- Slippage, 4 orders
- −$54.41
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $49.14
- Costs to cover
- 0.644%
- Break-even
- 3.1 days
Slippage from MEXC: live order book, 5 min ago; Coinbase International: 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 MEXC live order book, 5 min ago | 0.64 bp | 6.8 bp −$7 | 20.6 bp −$206 | 68.6 bp −$6,864 | 106.6 bp −$53.3K |
| Sell Coinbase International live order book, 14 min ago | 9.01 bp | 25.4 bp −$25 | 71.4 bp −$714 | doesn't fit | 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 | 7.8224 | −0.008% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0023% | 1h | 7.8233 | +0.004% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0057% | 1h | 7.8308 | +0.100% | $80K | $18K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8205 | −0.032% | $71K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8260 | +0.038% | $35K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8179 | −0.065% | $150K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8213 | −0.022% | $34.8M | $103.5M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8200 | −0.038% | $21.6M | $32.4M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8200 | −0.038% | $6.2M | $21.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8180 | −0.064% | $2.7M | $5.8M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX 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 INJUSDTM | +0.0100% | 8h | 7.8210 | −0.026% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8170 | −0.077% | $14.3M | $12.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8374 | +0.184% | $278K | $143K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8340 | +0.141% | $47K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8168 | −0.079% | $120K | $639K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8220 | −0.013% | $1.3M | $5.9M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.8180 | −0.064% | — | $21.8M | — | as long as short |
| MEXC INJ_USDTlong | +0.0261% | 8h | 7.8230 | long leg | $31.4M | $21.2M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0327% / S −0.0344% | 1h | 7.8245 | +0.020% | $41K | — | 100x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0492% | 1h | 7.8277 | +0.060% | $5K | $24K | 25x | as long as short |
| Hyperliquid INJ | +0.0664% | 1h | 7.8330 | +0.128% | $26.3M | $8.8M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXshort | +0.0680% | 1h | 7.8520 | +0.371% | $392K | $755K | 50x | |
| Kraken Futures PF_INJUSD | +0.0822% | 1h | 7.8338 | +0.138% | $856K | $3.8M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1302% | 1h | 7.8620 | +0.499% | $323K | $11.5M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP