Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against Bitget+0.531%165s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as 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−$480.480% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 3 days (all we have)−0.375%−$38 · spread now +0.531%, 7d avg +0.061%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.470% dearer against Bitget than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of +0.061%. The two prices were read 165 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 | Bitget INJUSDT | 7.7210 | 0.0100 | pay 0.0100% / 8h | 6h 46m | $14.2M | $10.3M | 75x |
| Short | BloFin INJ-USDT | 7.7620 | 0.0220 | get 0.0220% / 8h | 6h 46m | $1.8M | $6.7M | 75x |
Bitget INJUSDT
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $25.2
- Price spread: +0.531% → +0.061%
- $46.96
- Slippage, 4 orders
- −$24.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $24.12
- Costs to cover
- 0.480%
- Break-even
- 0.3 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 2 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 Bitget live order book, 2 min ago | 1.94 bp | 11.9 bp −$12 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.87 bp | 12.1 bp −$12 | 28.3 bp −$283 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7253 | +0.056% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7336 | +0.163% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7321 | +0.143% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0016% | 1h | 7.7268 | +0.076% | $80K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7251 | +0.053% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7301 | +0.117% | $147K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7280 | +0.091% | $35.2M | $92.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7270 | +0.078% | $21.8M | $31.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7270 | +0.078% | $6.3M | $19.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7230 | +0.026% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7240 | +0.039% | $9.3M | $16.6M | 50x | as long as short |
| Bitget INJUSDTlong | +0.0100% | 8h | 7.7210 | long leg | $14.2M | $10.3M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.7673 | +0.600% | $275K | $158K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7570 | +0.466% | $47K | $312K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7320 | +0.142% | $37K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7252 | +0.054% | $115K | $363K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.7620 | +0.531% | $1.8M | $6.7M | 75x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.7260 | +0.065% | — | $21.4M | — | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0274% / S −0.0211% | 1h | 7.7312 | +0.132% | $30K | — | 100x | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7250 | +0.052% | $30.8M | $21.0M | 300x | as long as short |
| Hyperliquid INJ | +0.0339% | 1h | 7.7371 | +0.209% | $26.1M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0410% | 1h | 7.7299 | +0.116% | $868K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8010 | +1.036% | $381K | $636K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.7780 | +0.738% | $324K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP