Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment −$1.71 per $10,000 · paid last 24h −0.058%
Price spread now: Gate against BingX−0.052%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.052%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.6200 | 0.0271 | pay 0.0271% / 8h | 4h 43m | — | $21.2M | — |
| Short | Gate INJ_USDT | 7.6160 | 0.0100 | get 0.0100% / 8h | 4h 43m | $2.7M | $5.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.052% → +0.006%
- −$5.83
- Slippage, 4 orders
- −$28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.73
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: 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 BingX live order book, 10 min ago | 0.64 bp | 8.5 bp −$9 | 12.7 bp −$127 | 16.9 bp −$1,692 | 74.4 bp −$37.2K |
| Sell Gate live order book, 5 min ago | 3.24 bp | 20.4 bp −$20 | 67.5 bp −$675 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit INJ_USDC-PERPETUAL | −0.0878% | 1h | 7.6184 | −0.021% | $6K | $24K | 25x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6139 | −0.080% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6146 | −0.070% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6220 | +0.026% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6162 | −0.050% | $69K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6178 | −0.029% | $146K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6170 | −0.039% | $34.6M | $93.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6203 | +0.004% | $21.6M | $30.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6090 | −0.144% | $6.1M | $18.7M | 50x | as long as short |
| Gate INJ_USDTshort | +0.0100% | 8h | 7.6160 | −0.052% | $2.7M | $5.0M | 50x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6110 | −0.118% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6170 | −0.039% | $14.2M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7161 | +1.261% | $271K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6990 | +1.037% | $46K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6150 | −0.066% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6138 | −0.081% | $114K | $367K | 10x | as long as short |
| Hyperliquid INJ | +0.0183% | 1h | 7.6239 | +0.051% | $25.7M | $8.8M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6090 | −0.144% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6254 | +0.071% | $29K | — | 100x | as long as short |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.6200 | long leg | — | $21.2M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.6160 | −0.052% | $32.4M | $21.0M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0323% | 1h | 7.6236 | +0.047% | $961K | $3.2M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.6310 | +0.144% | $377K | $594K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.6320 | +0.157% | $318K | $12.1M | 30x | as long as short |
BingX INJ-USDT
Gate INJ_USDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Hyperliquid INJ
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP