INJ funding rate

Compared across 12 venues · net of estimated fees

INJ Funding Rate — live across 12 venues

Perpetual funding · compared across 12 venues · net of estimated fees · updated every few minutes

Live annualized INJ perpetual funding across all 12 venues Perpia tracks. Right now INJ funding is positive on 10 and negative on 2, ranging from +24.6% on MEXC to -2.1% on OKX — a spread of 26.7%. The widest delta-neutral trade is long OKX / short MEXC at 24.8% net APR.

12venues
10paying positive
26.7%funding spread
Best INJ spread now
24.8%
net APR after fees
LongOKX↗→ShortMEXC↗
size depends on live venue depth — see the real cap in the scanner

INJ funding trend & liquidity

168h of history
26.7%current gross APR
11.6%24h average
7.2%7-day average
$6.3Mpair OI · lower leg
$43.2M24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

INJ · OKX → MEXC — no history

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Build a route

any two of the 12 venues
Gross spread+26.7%+$7.31 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 12 venues
VenueFunding APR ↓IntervalUse as
MEXC↗short+24.6%every 8h
Bybit↗+10.9%every 8h
Aster↗+10.9%every 8h
Bitget↗+10.9%every 8h
Variational↗+10.9%every 8h
KuCoin↗+10.9%every 8h
Hyperliquid↗+10.9%every 1h
Gate.io↗+7.2%every 8h
Extended↗+7.0%every 1h
Binance↗+6.5%every 8h
below — these venues pay the longs: this is the leg you buy
BingX↗−1.4%every 8h
OKX↗long−2.1%every 8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs MEXC page. 39 pairs scanned for INJ.

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INJ — FAQ

Is INJ funding positive right now?

INJ perpetual funding is positive on 10 of 12 venues Perpia tracks and negative on 2. The highest is +24.6% on MEXC; the lowest is -2.1% on OKX.

What is the best INJ funding arbitrage right now?

Go long OKX and short MEXC for about 24.8% net APR after fees — the widest delta-neutral INJ spread Perpia currently sees.

Which exchange has the highest INJ funding rate?

MEXC, at +24.6% annualized. Funding shifts continuously, so check the live table above before trading.

How INJ funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to INJ

also quoted on both MEXC and OKX

The same two exchanges you would already have funded for the INJ trade. Every spread between them is on the MEXC vs OKX page.