# INJ funding rates and arbitrage

Updated 2026-10-29 17:55 UTC · https://afterfees.xyz/coin/INJ

## Best INJ arbitrage after every cost

No INJ pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## INJ funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | INJUSD-PERP | 0.0116% | 1 h | +102.0% | +44.1% | $65.9K | 2026-10-29 18:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_INJUSD | 0.0059% | 1 h | +51.9% | −0.2% | $869.5K | 2026-10-29 18:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tINJF0:USTF0 | 0.0460% | 8 h | +50.4% | — | $11.8K | 2026-10-30 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | INJ-USDT | 0.0220% | 8 h | +24.1% | +15.5% | $1.1M | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | INJ_USDT | 0.0203% | 8 h | +22.2% | +20.7% | $20.4M | 2026-10-30 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | INJ-USD | 0.0013% | 1 h | +11.4% | +4.9% | $53.6K | 2026-10-29 18:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | INJUSDT | 0.0100% | 8 h | +10.9% | — | $1.5M | 2026-10-30 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | INJUSDTM | 0.0100% | 8 h | +10.9% | +11.4% | $16.7M | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | INJUSDT | 0.0100% | 8 h | +10.9% | +3.7% | — | 2026-10-30 00:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | INJ-USDT | 0.0013% | 1 h | +10.9% | +10.9% | $41.2K | 2026-10-29 18:00 |
| [OKX](https://afterfees.xyz/venues/okx) | INJ-USDT-SWAP | 0.0100% | 8 h | +10.9% | +0.4% | $4.8M | 2026-10-30 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | INJUSDT | 0.0100% | 8 h | +10.9% | +7.3% | $14.9M | 2026-10-30 00:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_INJ_USDT | 0.0100% | 8 h | +10.9% | +3.6% | $77.3K | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | INJUSDT | 0.0100% | 8 h | +10.9% | — | — | 2026-10-30 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | INJUSDT | 0.0100% | 8 h | +10.9% | +4.2% | $17.9M | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | INJUSDT | 0.0100% | 8 h | +10.9% | +11.4% | $292K | 2026-10-30 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | INJ-PERP | 0.0100% | 8 h | +10.9% | — | $290.9K | 2026-10-30 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | INJ-USDC | 0.0013% | 1 h | +10.9% | — | $290.7K | 2026-10-29 18:00 |
| [Binance](https://afterfees.xyz/venues/binance) | INJUSDT | 0.0100% | 8 h | +10.9% | +3.7% | $26.3M | 2026-10-30 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | INJ_USDT | 0.0100% | 8 h | +10.9% | +4.2% | $11.8M | 2026-10-30 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | INJ | 0.0013% | 1 h | +10.9% | +6.3% | $5.8M | 2026-10-29 18:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | INJ-USDT | 0.0080% | 8 h | +8.8% | +15.1% | $6M | 2026-10-30 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | INJ_PERP | 0.0040% | 8 h | +4.3% | −11.4% | $5.9M | 2026-10-30 00:00 |
| [dYdX](https://afterfees.xyz/venues/dydx) | INJ-USD | 0.0000% | 1 h | 0.0% | 0.0% | $71.3K | 2026-10-29 18:00 |

## Borrow INJ to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 2.24% | — |
| Bybit | 2.29% | — |
| Bitget | 2.92% | — |
| Gate | 7.05% | $120K |
| OKX | 7.81% | — |

## Cost to enter $10,000 of INJ

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | INJ_USDT | 3.5 bp | order-book snapshot, 35 min old |
| BingX | INJ-USDT | 6.9 bp | order-book snapshot, 32 min old |
| Bybit | INJUSDT | 11.1 bp | order-book snapshot, 42 min old |
| ApeX | INJ-USDT | 12.5 bp * | order-book snapshot, 14 min old |
| BloFin | INJ-USDT | 12.5 bp | order-book snapshot, 9 min old |
| Kraken | PF_INJUSD | 17.9 bp | order-book snapshot, 23 min old |
| KuCoin | INJUSDTM | 20.7 bp | order-book snapshot, 29 min old |
| dYdX | INJ-USD | 32.1 bp | order-book snapshot, 25 min old |
| Extended | INJ-USD | 3.9 bp | top of book only |
| Variational | INJ-PERP | 4.0 bp | top of book only |
| Binance | INJUSDT | 5.6 bp | top of book only |
| OKX | INJ-USDT-SWAP | 5.6 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on INJ

- [Borrow INJ: rates on every exchange](https://afterfees.xyz/borrow/INJ)

## Questions

**Is INJ funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no INJ pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest INJ funding rate?**

Crypto.com at +102.0% a year (0.0116% every 1 h); the lowest is dYdX at 0.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._