Funding arb · Price arb /

1INCH

all 1INCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%

Price spread now: Injective against Binance−4.977%87s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.977% cheaper against Binance than usual: you would sell low and buy high (−$498 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 87 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	Binance 1INCHUSDT	0.1028	0.0100	pay 0.0100% / 8h	1h 19m	$3.3M	$3.2M	75x
Short	Injective 1INCH/USDC PERP	0.09766	0.0033	get 0.0004% / 1h	19m 55s	$6	$26K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee InjectivebpOrdersPrice spread, now −4.977%Rate

Funding earned: −$14
Price spread: −4.977% → 0.000%: −$497.66
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$521.68
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

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 Binance live order book, 1 min ago	0.49 bp	21.0 bp −$21	94.3 bp −$943	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

1INCH on 13 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
dYdX 1INCH-USD	0.0000%	1h	0.1029	+0.108%	$20K	$98	5x	as long as short
Injective 1INCH/USDC PERPshort	+0.0033%	1h	0.09766	−4.977%	$6	$26K	5.5x
OKX 1INCH-USDT-SWAP	+0.0066%	8h	0.1028	−0.014%	$696K	$748K	20x	as long as short
Binance 1INCHUSDTlong	+0.0100%	8h	0.1028	long leg	$3.3M	$3.2M	75x
Bybit 1INCHUSDT	+0.0100%	8h	0.1026	−0.219%	$3.3M	$773K	75x	as long as short
Gate 1INCH_USDT	+0.0100%	8h	0.1028	−0.014%	$256K	$36K	50x	as long as short
MEXC 1INCH_USDT	+0.0100%	8h	0.1028	+0.005%	$836K	$175K	200x	as long as short
KuCoin 1INCHUSDTM	+0.0100%	8h	0.1028	+0.025%	$528K	$178K	30x	as long as short
Bitget 1INCHUSDT	+0.0100%	8h	0.1027	−0.024%	$499K	$370K	75x	as long as short
BingX 1INCH-USDT	+0.0100%	8h	0.1028	−0.005%	—	$36.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 1INCH	+0.0100%	8h	0.1026	−0.197%	$36K	$139	—	as long as short
BloFin 1INCH-USDT	+0.0114%	8h	0.1029	+0.112%	$228K	$11K	75x	as long as short
Kraken Futures PF_1INCHUSD	+0.0626%	1h	0.1030	+0.232%	$65K	$3K	10x	as long as short