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 KuCoin+0.131%95s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as 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−$660.658% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.131%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.150% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 95 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 | KuCoin INJUSDTM | 7.6380 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $8.4M | $18.2M | 50x |
| Short | BloFin INJ-USDT | 7.6480 | 0.0220 | get 0.0220% / 8h | 1h 51m | $1.6M | $5.7M | 75x |
KuCoin INJUSDTM
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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: +0.131% → −0.019%
- $14.97
- Slippage, 4 orders
- −$41.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.64
- Costs to cover
- 0.658%
- Break-even
- 14.1 days
Slippage from KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago | 3.26 bp | 22.7 bp −$23 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.96 bp | 11.3 bp −$11 | 27.5 bp −$275 | 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 | 7.6453 | +0.096% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6412 | +0.042% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6427 | +0.061% | $18K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6442 | +0.082% | $794K | $3.5M | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0090% | 1h | 7.6438 | +0.076% | $7K | $25K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6421 | +0.054% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6420 | +0.052% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6417 | +0.048% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6439 | +0.078% | $33.7M | $97.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6430 | +0.065% | $21.1M | $31.8M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
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 | 7.6450 | +0.092% | $6.2M | $19.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6370 | −0.013% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.6380 | long leg | $8.4M | $18.2M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.6420 | +0.052% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6312 | −0.089% | $270K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6500 | +0.157% | $46K | $269K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6392 | +0.016% | $114K | $563K | 10x | as long as short |
| Hyperliquid INJ | +0.0187% | 1h | 7.6441 | +0.080% | $25.7M | $8.6M | 5x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.6480 | +0.131% | $1.6M | $5.7M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.6430 | +0.065% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6410 | +0.039% | $29.9M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.6435 | +0.072% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6410 | +0.039% | $380K | $669K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6790 | +0.537% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Hyperliquid INJ
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP