Funding you earn now, next payment 08:00 UTC+0.0301%/8h= +32.9% APRpaid last 24h −0.044%
Price spread now: Kraken Futures against MEXC+0.022%51s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as 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−$780.777% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now +0.022%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% 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 | 7.7620 | 0.0261 | pay 0.0261% / 8h | 48m 25s | $31.4M | $20.5M | 300x |
| Short | Kraken Futures PF_INJUSD | 7.7637 | 0.0562 | get 0.0070% / 1h | 48m 25s | $825K | $3.6M | 50x |
MEXC INJ_USDT
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $63.18
- Price spread: +0.022% → +0.042%
- −$1.98
- Slippage, 4 orders
- −$67.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$16.46
- Costs to cover
- 0.777%
- Break-even
- 8.8 days
Slippage from MEXC: live order book, 5 min ago; Kraken Futures: live order book, 5 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 | 1.6 bp −$2 | 17.0 bp −$170 | 55.1 bp −$5,515 | 116.4 bp −$58.2K |
| Sell Kraken Futures live order book, 5 min ago | 16.11 bp | 31.5 bp −$31 | 52.7 bp −$527 | 447.7 bp −$44.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni INJUSDT | −0.0238% | 1h | 7.7570 | −0.064% | $46K | $267K | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7532 | −0.114% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7732 | +0.145% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.7580 | −0.052% | $17K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0008% | 1h | 7.7612 | −0.010% | $7K | $25K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7587 | −0.042% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7580 | −0.052% | $34K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7572 | −0.062% | $143K | $436K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7541 | −0.102% | $34.6M | $102.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7590 | −0.039% | $21.7M | $32.5M | 50x | as long as short |
ApeX Omni INJUSDT
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7610 | −0.013% | $6.2M | $20.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7670 | +0.064% | $2.8M | $5.7M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7650 | +0.039% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7550 | −0.090% | $14.2M | $11.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7490 | −0.168% | $275K | $149K | — | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7689 | +0.089% | $115K | $598K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7550 | −0.090% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7600 | −0.026% | — | $21.4M | — | as long as short |
| Hyperliquid INJ | +0.0259% | 1h | 7.7717 | +0.125% | $26.1M | $8.8M | 5x | as long as short |
| MEXC INJ_USDTlong | +0.0261% | 8h | 7.7620 | long leg | $31.4M | $20.5M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0326% / S −0.0344% | 1h | 7.7552 | −0.087% | $40K | — | 100x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0562% | 1h | 7.7637 | +0.022% | $825K | $3.6M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.7830 | +0.271% | $391K | $717K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1548% | 1h | 7.7930 | +0.399% | $315K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
Hyperliquid INJ
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP