Funding you earn now, next payment 06:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.101%
Price spread now: MEXC against Deribit+0.121%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.121% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | Deribit INJ_USDC-PERPETUAL | 7.6837 | 0.0141 | pay 0.0018% / 1h | 2m 22s | $7K | $25K | 25x |
| Short | MEXC INJ_USDT | 7.6930 | 0.0261 | get 0.0261% / 8h | 2h 02m | $30.0M | $20.3M | 300x |
Deribit INJ_USDC-PERPETUAL
MEXC INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Deribit. 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: +0.121% → 0.000%
- $12.1
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $30.3
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.65 bp | 2.8 bp −$3 | 8.8 bp −$88 | 51.5 bp −$5,154 | 107.0 bp −$53.5K |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0210% | 1h | 7.6876 | +0.051% | $797K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6893 | +0.073% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6795 | −0.055% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0016% | 1h | 7.6896 | +0.077% | $19K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6810 | −0.035% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6880 | +0.056% | $35K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.7004 | +0.217% | $25.9M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6913 | +0.099% | $139K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6921 | +0.109% | $33.9M | $97.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6860 | +0.030% | $21.2M | $31.7M | 50x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6870 | +0.043% | $6.2M | $19.2M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6890 | +0.069% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6900 | +0.082% | $8.6M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6910 | +0.095% | $14.1M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6702 | −0.176% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6640 | −0.256% | $46K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6858 | +0.027% | $114K | $563K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | +0.0141% | 1h | 7.6837 | long leg | $7K | $25K | 25x | |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6810 | −0.035% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6910 | +0.095% | — | $20.8M | — | as long as short |
| MEXC INJ_USDTshort | +0.0261% | 8h | 7.6930 | +0.121% | $30.0M | $20.3M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6892 | +0.071% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.6880 | +0.056% | $375K | $661K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.6880 | +0.056% | $321K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP