Funding you earn now, next payment 00:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.060%
Price spread now: BingX against Bybit+0.026%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.026%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, 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 | Bybit INJUSDT | 7.7480 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $21.5M | $32.1M | 50x |
| Short | BingX INJ-USDT | 7.7500 | 0.0271 | get 0.0271% / 8h | 2h 04m | — | $21.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.026% → +0.013%
- $1.33
- Slippage, 4 orders
- −$18.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1.85
- Costs to cover
- 0.391%
- Break-even
- 7.4 days
Slippage from Bybit: live order book, 4 min ago; BingX: 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 Bybit live order book, 4 min ago | 0.64 bp | 20.1 bp −$20 | 32.7 bp −$327 | 164.2 bp −$16.4K | doesn't fit |
| Sell BingX live order book, 4 min ago | 0.64 bp | 6.5 bp −$7 | 10.0 bp −$100 | 33.6 bp −$3,360 | 91.1 bp −$45.6K |
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 | 7.7467 | −0.017% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7523 | +0.056% | $89K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7585 | +0.136% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7501 | +0.028% | $3K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0078% | 1h | 7.7548 | +0.088% | $883K | $3.2M | 50x | as long as short |
| Variational Omni INJ | +0.0081% | 8h | 7.7482 | +0.002% | $271K | $157K | — | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7534 | +0.070% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0097% | 8h | 7.7570 | +0.116% | $38K | $63K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7553 | +0.095% | $155K | $443K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7516 | +0.047% | $35.5M | $94.9M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDTlong | +0.0100% | 8h | 7.7480 | long leg | $21.5M | $32.1M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7470 | −0.013% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7490 | +0.013% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7470 | −0.013% | $9.4M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7480 | 0.000% | $14.3M | $10.9M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7760 | +0.361% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7501 | +0.027% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7500 | +0.026% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDTshort | +0.0271% | 8h | 7.7500 | +0.026% | — | $21.4M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7500 | +0.026% | $31.7M | $23.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0353% / S −0.0391% | 1h | 7.7502 | +0.029% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7670 | +0.245% | $388K | $698K | 50x | as long as short |
| Hyperliquid INJ | +0.0966% | 1h | 7.7662 | +0.235% | $26.7M | $9.4M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1499% | 1h | 7.7890 | +0.529% | $319K | $12.1M | 30x | as long as short |
Bybit INJUSDT
BingX INJ-USDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Variational Omni INJ
Aster INJUSDT
Binance 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