ArbiLayer

INJ arbitrage

live

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

Best net spread-0.07%OKX → Bitget · Perp–Perp
Best perp–perp spread+0.09%OKX → Bitget
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.26%$7.93 – $7.95

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$7.94Bitget logoBitget$7.94 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
OKX logoOKXspot$7.94Bitget logoBitget$7.94 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
Bitget logoBitgetspot$7.94Bitget logoBitget$7.94 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
Gate logoGatespot$7.94Bitget logoBitget$7.94 -0.06%-0.26% -0.05%— +0.030%— LS Chart →
Bybit logoBybitspot$7.95Bitget logoBitget$7.94 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Binance logoBinancespot$7.94Bybit logoBybit$7.94 -0.08%-0.28% -0.08%— -0.004%— LS Chart →
Binance logoBinancespot$7.94Gate logoGate$7.94 -0.08%-0.28% -0.09%— -0.056%— LS Chart →
OKX logoOKXspot$7.94Bybit logoBybit$7.94 -0.08%-0.28% -0.08%— -0.004%— LS Chart →
OKX logoOKXspot$7.94Gate logoGate$7.94 -0.08%-0.28% -0.09%— -0.056%— LS Chart →
Bitget logoBitgetspot$7.94Bybit logoBybit$7.94 -0.08%-0.28% -0.08%— -0.004%— LS Chart →
Bitget logoBitgetspot$7.94Gate logoGate$7.94 -0.08%-0.28% -0.09%— -0.056%— LS Chart →
Binance logoBinancespot$7.94Hyperliquid logoHyperliquid$7.94 -0.08%-0.28% -0.08%— +0.030%— LS Chart →
OKX logoOKXspot$7.94Hyperliquid logoHyperliquid$7.94 -0.08%-0.28% -0.08%— +0.030%— LS Chart →
Bitget logoBitgetspot$7.94Hyperliquid logoHyperliquid$7.94 -0.08%-0.28% -0.08%— +0.030%— LS Chart →
Binance logoBinancespot$7.94Variational logoVariational$7.94 -0.09%-0.29% -0.08%— +0.004%— 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 $7.94$7.94$7.94-0.05% +0.031%$30.23M
KuCoin logoKuCoinPerpetual · INJUSDTMPerpetual $7.94$7.94$7.94-0.04% +0.030%$25.83M
Bybit logoBybitPerpetual · INJUSDTPerpetual $7.94$7.94$7.94-0.04% -0.004%$21.26M
OKX logoOKXPerpetual · INJ-USDT-SWAPPerpetual $7.93$7.93$7.93-0.10% +0.007%$19.39M
Bitget logoBitgetPerpetual · INJUSDTPerpetual $7.94$7.94$7.94+0.00% +0.030%$13.67M
Gate logoGatePerpetual · INJ_USDTPerpetual $7.94$7.94$7.94-0.03% -0.056%$6.53M
Hyperliquid logoHyperliquidPerpetual · INJPerpetual $7.94$7.94$7.940.00% +0.030%$4.73M
KuCoin logoKuCoinSpot · INJ-USDTSpot $7.94$7.95$7.94+0.06% —$4.47M
Gate logoGateSpot · INJ_USDTSpot $7.94$7.94$7.94+0.05% —$3.28M
OKX logoOKXSpot · INJ-USDTSpot $7.94$7.94$7.94+0.02% —$3.22M
Bybit logoBybitSpot · INJUSDTSpot $7.94$7.95$7.94+0.05% —$2.93M
Bitget logoBitgetSpot · INJUSDTSpot $7.94$7.94$7.94+0.01% —$1.56M
Variational logoVariationalPerpetual · INJPerpetual $7.94$7.94$7.94-0.01% +0.004%$413.3K
Binance logoBinancePerpetual · INJUSDTPerpetual $7.94$7.94$7.94-0.05% -0.015%—
Aster logoAsterPerpetual · INJUSDTPerpetual $7.93$7.94$7.94-0.05% +0.030%—
Binance logoBinanceSpot · INJUSDTSpot $7.94$7.94$7.94+0.03% ——
MEXC logoMEXCSpot · INJUSDTSpot $7.95$7.96$7.95+0.16% ——
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 OKX perp at $7.93 and the highest bid on MEXC spot at $7.95.

The widest INJ perpetual spread is between OKX and Bitget: long INJ on OKX at $7.93 and short on Bitget at $7.94 for +0.09% gross, or -0.07% 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 +0.023% 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 +0.08% 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 OKX → sell on Bitget (Perp–Perp): +0.09% gross and -0.07% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest INJ?

OKX (perp) has the lowest INJ ask at $7.93, and MEXC (spot) the highest bid at $7.95. 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 (OKX 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

CRO +22.75%ONE +7.60%BDX +6.83%ESPORTS +6.80%OPENAI +5.50%AI +4.92%H100 +3.95%ANTHROPIC +3.74%OURA +3.68%EGLD +3.57%SNEK +3.45%SPCX +3.25%CATE +3.20%ZIL +3.13%BONER +2.99%STAMP +2.74%FLYBRAIN +2.56%APPSTOCK +2.31%