Funding you earn now, next payment 02:00 UTC+0.1083%/8h= +118.6% APRpaid last 24h +0.304%
Price spread now: Injective against BingX+0.385%7-day average +0.238% · you sell dearer than you buy
Net, funding: paid 7d − costs+$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+1.575%+$158 on $10k
+Price spread, last 3 days (all we have)+0.066%+$7 · spread now +0.385%, 7d avg +0.238%
=Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Injective is 0.146% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.238%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.8020 | 0.0271 | pay 0.0271% / 8h | 6h 00m | — | $21.2M | — |
| Short | Injective INJ/USDC PERP | 7.8320 | 0.1354 | get 0.0169% / 1h | 0m 41s | $327K | $12.1M | 30x |
BingX INJ-USDT
Injective INJ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $227.48
- Price spread: +0.385% → +0.238%
- $14.6
- Slippage, 4 orders
- −$58.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $173.31
- Costs to cover
- 0.688%
- Break-even
- 1.7 days
Slippage from BingX: live order book, 8 min ago; Injective: 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, 8 min ago | 0.64 bp | 8.1 bp −$8 | 10.0 bp −$100 | 18.4 bp −$1,835 | 71.8 bp −$35.9K |
| Sell Injective live order book, 3 min ago | 27.52 bp | 27.5 bp −$28 | 47.8 bp −$478 | doesn't fit | doesn't fit |
INJ on 23 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 | 7.7942 | −0.100% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8006 | −0.018% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0015% | 1h | 7.8033 | +0.017% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7996 | −0.031% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8125 | +0.135% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8095 | +0.096% | $35.4M | $90.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8074 | +0.069% | $22.1M | $30.7M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8060 | +0.051% | $6.4M | $18.8M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8030 | +0.013% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8070 | +0.064% | $9.3M | $16.5M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8010 | −0.013% | $14.3M | $10.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7961 | −0.075% | $274K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8010 | −0.013% | $47K | $273K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8020 | 0.000% | $35K | $80K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8019 | −0.001% | $115K | $365K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0211% | 1h | 7.8057 | +0.047% | $6K | $24K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7982 | −0.049% | $30K | — | 100x | as long as short |
| BingX INJ-USDTlong | +0.0271% | 8h | 7.8020 | long leg | — | $21.2M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8100 | +0.103% | $31.9M | $21.4M | 300x | as long as short |
| Hyperliquid INJ | +0.0403% | 1h | 7.8163 | +0.183% | $26.3M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0406% | 1h | 7.8067 | +0.061% | $868K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8130 | +0.141% | $382K | $594K | 50x | as long as short |
| Injective INJ/USDC PERPshort | +0.1354% | 1h | 7.8320 | +0.385% | $327K | $12.1M | 30x |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX