Funding you earn now, next payment 00:00 UTC−0.0171%/8h= −18.7% APRnext payment −$1.71 per $10,000 · paid last 24h −0.037%
Price spread now: Binance against BingX+0.049%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.049%, 7d avg +0.021%
=The price spread pays, funding is against you. Binance is 0.028% dearer against BingX than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.7700 | 0.0271 | pay 0.0271% / 8h | 2h 10m | — | $21.3M | — |
| Short | Binance INJUSDT | 7.7738 | 0.0100 | get 0.0100% / 8h | 2h 10m | $35.5M | $94.8M | 75x |
BingX INJ-USDT
Binance INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$35.91
- Price spread: +0.049% → +0.021%
- $2.76
- Slippage, 4 orders
- −$12.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.11
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: 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 BingX live order book, 13 min ago | 0.64 bp | 5.6 bp −$6 | 7.7 bp −$77 | 15.3 bp −$1,529 | 75.1 bp −$37.6K |
| Sell Binance live order book, 3 min ago | 0.64 bp | 10.7 bp −$11 | 24.7 bp −$247 | 108.7 bp −$10.9K | 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 | 7.7692 | −0.011% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7684 | −0.021% | $90K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7764 | +0.082% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7741 | +0.053% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0073% | 8h | 7.7603 | −0.125% | $272K | $157K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0078% | 1h | 7.7761 | +0.078% | $885K | $3.2M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7720 | +0.026% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0097% | 8h | 7.7730 | +0.039% | $38K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7772 | +0.092% | $156K | $443K | 20x | as long as short |
| Binance INJUSDTshort | +0.0100% | 8h | 7.7738 | +0.049% | $35.5M | $94.8M | 75x |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.7670 | −0.039% | $21.5M | $32.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7690 | −0.013% | $6.4M | $20.2M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7710 | +0.013% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7710 | +0.013% | $9.5M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7710 | +0.013% | $14.3M | $10.9M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7600 | −0.129% | $47K | $347K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7723 | +0.029% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7640 | −0.077% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.7700 | long leg | — | $21.3M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7720 | +0.026% | $31.8M | $23.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0391% | 1h | 7.7728 | +0.036% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7950 | +0.322% | $389K | $699K | 50x | as long as short |
| Hyperliquid INJ | +0.0935% | 1h | 7.7871 | +0.220% | $26.5M | $9.2M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1499% | 1h | 7.8040 | +0.438% | $319K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP