Funding you earn now, next payment 07:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.058%
Price spread now: MEXC against ApeX Omni+0.183%96s7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as 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−$320.318% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.183%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.229% dearer against ApeX Omni than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.045%. The two prices were read 96 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 | ApeX Omni INJUSDT | 7.6450 | 0.0100 | pay 0.0013% / 1h | 15m 57s | $46K | $268K | 50x |
| Short | MEXC INJ_USDT | 7.6590 | 0.0261 | get 0.0261% / 8h | 1h 15m | $29.9M | $20.1M | 300x |
ApeX Omni INJUSDT
MEXC INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against ApeX Omni. 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
- $33.81
- Price spread: +0.183% → −0.045%
- $22.85
- Slippage, 4 orders
- −$21.75
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $24.91
- Costs to cover
- 0.318%
- Break-even
- 1.8 days
Slippage from ApeX Omni: live order book, 26 min ago; MEXC: live order book, 3 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 ApeX Omni live order book, 26 min ago | 5.87 bp | 12.0 bp −$12 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.65 bp | 3.4 bp −$3 | 11.7 bp −$117 | 51.6 bp −$5,162 | 124.8 bp −$62.4K |
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 | 7.6468 | +0.023% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6496 | +0.060% | $19K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0024% | 1h | 7.6488 | +0.050% | $79K | $17K | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6608 | +0.206% | $780K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6575 | +0.164% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6580 | +0.170% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6616 | +0.217% | $138K | $427K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6600 | +0.196% | $33.8M | $97.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6558 | +0.141% | $21.1M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6560 | +0.144% | $6.2M | $19.1M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit 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 | 7.6580 | +0.170% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6590 | +0.183% | $8.5M | $18.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6520 | +0.092% | $14.0M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6412 | −0.050% | $271K | $150K | — | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.6450 | long leg | $46K | $268K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.6599 | +0.195% | $114K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6520 | +0.092% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6590 | +0.183% | — | $21.3M | — | as long as short |
| MEXC INJ_USDTshort | +0.0261% | 8h | 7.6590 | +0.183% | $29.9M | $20.1M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6561 | +0.145% | $29K | — | 100x | as long as short |
| Hyperliquid INJ | +0.0358% | 1h | 7.6678 | +0.298% | $25.8M | $8.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6800 | +0.458% | $383K | $673K | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0560% | 1h | 7.6627 | +0.232% | $7K | $25K | 25x | as long as short |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6870 | +0.549% | $320K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Deribit INJ_USDC-PERPETUAL
Injective INJ/USDC PERP