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+0.06%Hyperliquid → Bitget
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.32%$7.39 – $7.41

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$7.40MEXC logoMEXCspot$7.41 +0.18%-0.02% +0.18%— 0.000%— LS Chart →
Bybit logoBybitspot$7.40MEXC logoMEXCspot$7.41 +0.18%-0.02% +0.18%— 0.000%— LS Chart →
Gate logoGatespot$7.40MEXC logoMEXCspot$7.41 +0.15%-0.05% +0.15%— 0.000%— LS Chart →
OKX logoOKXspot$7.40MEXC logoMEXCspot$7.41 +0.14%-0.06% +0.14%— 0.000%— LS Chart →
Bitget logoBitgetspot$7.40MEXC logoMEXCspot$7.41 +0.14%-0.06% +0.14%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$7.40MEXC logoMEXCspot$7.41 +0.14%-0.06% +0.14%— 0.000%— LS Chart →
Binance logoBinancespot$7.40OKX logoOKXspot$7.40 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
Bybit logoBybitspot$7.40OKX logoOKXspot$7.40 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
Binance logoBinancespot$7.40KuCoin logoKuCoinspot$7.40 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Bybit logoBybitspot$7.40KuCoin logoKuCoinspot$7.40 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Gate logoGatespot$7.40OKX logoOKXspot$7.40 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$7.40OKX logoOKXspot$7.40 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$7.40OKX logoOKXspot$7.40 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Gate logoGatespot$7.40KuCoin logoKuCoinspot$7.40 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Binance logoBinancespot$7.40Gate logoGatespot$7.40 -0.01%-0.21% -0.01%— 0.000%— 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 $7.39$7.39$7.39-0.04% +0.009%$40.28M
Bybit logoBybitPerpetual · INJUSDTPerpetual $7.39$7.39$7.39-0.01% -0.013%$34.99M
OKX logoOKXPerpetual · INJ-USDT-SWAPPerpetual $7.39$7.39$7.39-0.04% +0.009%$29.07M
KuCoin logoKuCoinPerpetual · INJUSDTMPerpetual $7.39$7.39$7.39-0.03% +0.030%$28.08M
Bitget logoBitgetPerpetual · INJUSDTPerpetual $7.39$7.40$7.390.00% +0.030%$17.08M
Gate logoGatePerpetual · INJ_USDTPerpetual $7.39$7.40$7.390.00% +0.022%$8.44M
Hyperliquid logoHyperliquidPerpetual · INJPerpetual $7.39$7.39$7.39-0.07% -0.007%$7.57M
KuCoin logoKuCoinSpot · INJ-USDTSpot $7.40$7.40$7.40+0.06% —$5.68M
Gate logoGateSpot · INJ_USDTSpot $7.40$7.40$7.40+0.04% —$5.54M
OKX logoOKXSpot · INJ-USDTSpot $7.40$7.40$7.40+0.07% —$5.06M
Bybit logoBybitSpot · INJUSDTSpot $7.39$7.40$7.40+0.01% —$4.31M
Bitget logoBitgetSpot · INJUSDTSpot $7.40$7.40$7.40+0.05% —$2.06M
Variational logoVariationalPerpetual · INJPerpetual $7.39$7.40$7.39-0.00% -0.044%$449.5K
Binance logoBinancePerpetual · INJUSDTPerpetual $7.39$7.39$7.39-0.03% -0.022%—
Aster logoAsterPerpetual · INJUSDTPerpetual $7.39$7.40$7.39-0.02% +0.030%—
Binance logoBinanceSpot · INJUSDTSpot $7.40$7.40$7.40+0.03% ——
MEXC logoMEXCSpot · INJUSDTSpot $7.41$7.42$7.41+0.24% ——
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 Hyperliquid perp at $7.39 and the highest bid on MEXC spot at $7.41.

The widest INJ perpetual spread is between Hyperliquid and Bitget: long INJ on Hyperliquid at $7.39 and short on Bitget at $7.39 for +0.06% gross, or -0.10% 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 +0.037% 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?

Hyperliquid (perp) has the lowest INJ ask at $7.39, and MEXC (spot) the highest bid at $7.41. 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 (Hyperliquid 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 +17.46%POWER +14.27%OKB +14.09%BLAST +11.24%UPC +7.62%C98 +6.94%ESPORTS +6.39%OPENAI +6.27%BDX +6.17%AI +4.57%ONE +4.34%ZEUS +3.43%ANTHROPIC +3.28%H100 +3.15%RLC +3.01%ZIL +2.95%EGLD +2.86%SPCX +2.77%