Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.045%
Price spread now: MEXC against Binance+0.011%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.011%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INJUSDT | 7.6202 | 0.0100 | pay 0.0100% / 8h | 3h 20m | $33.3M | $96.4M | 75x |
| Short | MEXC INJ_USDT | 7.6210 | 0.0261 | get 0.0261% / 8h | 3h 20m | $30.0M | $21.5M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: +0.011% → −0.005%
- $1.64
- Slippage, 4 orders
- −$21.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $4.36
- Costs to cover
- 0.311%
- Break-even
- 6.1 days
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 4 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 Binance live order book, 8 min ago | 0.66 bp | 9.7 bp −$10 | 23.6 bp −$236 | 123.7 bp −$12.4K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.98 bp | 6.6 bp −$7 | 15.3 bp −$153 | 68.9 bp −$6,887 | 148.7 bp −$74.3K |
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 | −0.0232% | 1h | 7.6198 | −0.005% | $778K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5983 | −0.287% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5998 | −0.267% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6185 | −0.022% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0035% | 1h | 7.6181 | −0.027% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6025 | −0.231% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6180 | −0.028% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6256 | +0.071% | $25.7M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6166 | −0.046% | $140K | $418K | 20x | as long as short |
| Binance INJUSDTlong | +0.0100% | 8h | 7.6202 | long leg | $33.3M | $96.4M | 75x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.6200 | −0.002% | $21.2M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6180 | −0.028% | $6.2M | $18.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6170 | −0.041% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6200 | −0.002% | $9.5M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6140 | −0.081% | $14.0M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5942 | −0.341% | $267K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5900 | −0.396% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6141 | −0.080% | $113K | $357K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5920 | −0.370% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6170 | −0.041% | — | $20.9M | — | as long as short |
| MEXC INJ_USDTshort | +0.0261% | 8h | 7.6210 | +0.011% | $30.0M | $21.5M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.6182 | −0.025% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6100 | −0.133% | $368K | $617K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6140 | −0.081% | $317K | $12.1M | 30x | as long as short |
Binance INJUSDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Hyperliquid INJ
Aster INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
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]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP