ArbiLayer

INJ arbitrage

live

Live Injective price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.02%Binance → MEXC · Spot–Spot
Best perp–perp spread+0.03%Bybit → Bitget
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.30%$7.32 – $7.34

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$7.32Bitget logoBitget$7.32 +0.03%-0.13% +0.06%— +0.106%— LS Chart →
Bybit logoBybit$7.32Gate logoGate$7.32 +0.03%-0.13% +0.05%— +0.070%— LS Chart →
OKX logoOKX$7.32Bitget logoBitget$7.32 +0.03%-0.13% +0.04%— +0.031%+0.49% LS Chart →
OKX logoOKX$7.32Gate logoGate$7.32 +0.03%-0.13% +0.03%— -0.004%-0.02% LS Chart →
Bybit logoBybit$7.32Binance logoBinance$7.32 +0.01%-0.15% +0.03%— +0.057%— LS Chart →
Bybit logoBybit$7.32MEXC logoMEXC$7.32 +0.01%-0.15% +0.04%— +0.088%— LS Chart →
OKX logoOKX$7.32Binance logoBinance$7.32 +0.01%-0.15% +0.01%— -0.018%— LS Chart →
OKX logoOKX$7.32MEXC logoMEXC$7.32 +0.01%-0.15% +0.02%— +0.014%+1.60% LS Chart →
Bybit logoBybit$7.32Hyperliquid logoHyperliquid$7.32 +0.01%-0.15% +0.03%— +0.106%— LS Chart →
OKX logoOKX$7.32Hyperliquid logoHyperliquid$7.32 +0.01%-0.15% +0.01%— +0.031%— LS Chart →
Binance logoBinance$7.32Bitget logoBitget$7.32 0.00%-0.16% +0.02%— +0.049%— LS Chart →
Binance logoBinance$7.32Gate logoGate$7.32 0.00%-0.16% +0.00%— +0.014%— LS Chart →
Bybit logoBybit$7.32KuCoin logoKuCoin$7.32 0.00%-0.16% +0.04%— +0.106%— LS Chart →
MEXC logoMEXC$7.32Bitget logoBitget$7.32 0.00%-0.16% +0.01%— +0.017%-1.10% LS Chart →
MEXC logoMEXC$7.32Gate logoGate$7.32 0.00%-0.16% -0.01%— -0.018%-1.62% LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

INJ price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · INJ_USDTPerpetual $7.32$7.32$7.32-0.02% +0.013%$40.45M
Bybit logoBybitPerpetual · INJUSDTPerpetual $7.32$7.32$7.32-0.05% -0.076%$35.23M
OKX logoOKXPerpetual · INJ-USDT-SWAPPerpetual $7.32$7.32$7.32-0.05% -0.001%$29.32M
KuCoin logoKuCoinPerpetual · INJUSDTMPerpetual $7.32$7.32$7.32-0.03% +0.030%$27.90M
Bitget logoBitgetPerpetual · INJUSDTPerpetual $7.32$7.32$7.320.00% +0.030%$17.39M
Gate logoGatePerpetual · INJ_USDTPerpetual $7.32$7.32$7.320.00% -0.005%$8.04M
Hyperliquid logoHyperliquidPerpetual · INJPerpetual $7.32$7.32$7.32+0.00% +0.030%$7.18M
KuCoin logoKuCoinSpot · INJ-USDTSpot $7.32$7.33$7.33+0.05% —$6.00M
Gate logoGateSpot · INJ_USDTSpot $7.33$7.33$7.33+0.05% —$5.46M
OKX logoOKXSpot · INJ-USDTSpot $7.32$7.33$7.32+0.02% —$5.29M
Bybit logoBybitSpot · INJUSDTSpot $7.32$7.32$7.32+0.01% —$4.54M
Bitget logoBitgetSpot · INJUSDTSpot $7.33$7.33$7.33+0.07% —$2.07M
Variational logoVariationalPerpetual · INJPerpetual $7.32$7.32$7.32-0.02% -0.065%$458.9K
Binance logoBinancePerpetual · INJUSDTPerpetual $7.32$7.32$7.32-0.02% -0.019%—
Aster logoAsterPerpetual · INJUSDTPerpetual $7.32$7.32$7.32-0.02% +0.030%—
Binance logoBinanceSpot · INJUSDTSpot $7.32$7.32$7.32+0.02% ——
MEXC logoMEXCSpot · INJUSDTSpot $7.34$7.34$7.34+0.25% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

INJ arbitrage explained

Right now Injective (INJ) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $7.32 and the highest bid on MEXC spot at $7.34.

The widest INJ perpetual spread is between Bybit and Bitget: long INJ on Bybit at $7.32 and short on Bitget at $7.32 for +0.03% gross, or -0.13% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.106% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best INJ route is to buy spot on Binance and short the perpetual on Bitget: -0.04% gross, -0.24% net, with +0.030% a day of funding on the short leg.

Spot–spot INJ arbitrage (buy on Binance, withdraw, deposit and sell on MEXC) shows +0.18% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small INJ gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: INJ funding rates · INJ spread charts · Injective price · arbitrage scanner for all coins.

Is there a INJ arbitrage opportunity right now?

The best INJ route right now is to buy on Binance spot → sell on MEXC spot (Spot–Spot): +0.18% gross and -0.02% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest INJ?

Bybit (perp) has the lowest INJ ask at $7.32, and MEXC (spot) the highest bid at $7.34. Prices update every 15 seconds on this page.

How many exchanges list INJ?

ArbiLayer tracks 17 INJ markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage INJ without transferring coins?

Use two perpetual contracts: go long INJ on the cheaper exchange (Bybit now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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