# INJ Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 05:33 UTC, ArbTide tracks INJ spot and perpetual prices across exchanges. On spot markets, the best route has a 0.23% gross spread, which fees turn into a -0.07% net loss. On perpetual markets, the best route has a 0.15% gross spread, which fees turn into a -0.35% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| HTX | [INJ/USDT](https://www.htx.com/trade/inj_usdt) | 7.6958 | 7.7498 | 0.697% | $1.9M | 0.200% |
| MEXC | [INJ/USDT](https://www.mexc.com/exchange/INJ_USDT) | 7.757 | 7.76 | 0.039% | $4.6M | 0.050% |
| Gate | [INJ/USDT](https://www.gate.com/trade/INJ_USDT) | 7.759 | 7.762 | 0.039% | $5.4M | 0.200% |
| Toobit | [INJ/USDT](https://www.toobit.com/en-US/spot/INJ_USDT) | 7.76 | 7.762 | 0.026% | $1.6M | 0.100% |
| Bitstamp | [INJ/USD](https://www.bitstamp.net/markets/inj/usd/) | 7.7605 | 7.7636 | 0.040% | $119.7K | 0.400% |
| Deepcoin | [INJ/USDT](https://www.deepcoin.com/en/spot/INJ-USDT) | 7.758 | 7.765 | 0.090% | $14.8K | 0.150% |
| Binance | [INJ/USDT](https://www.binance.com/en/trade/INJ_USDT?type=spot) | 7.767 | 7.768 | 0.013% | $14.4M | 0.100% |
| Bybit | [INJ/USDT](https://www.bybit.com/en/trade/spot/INJ/USDT) | 7.767 | 7.768 | 0.013% | $14M | 0.100% |
| XT.COM | [INJ/USDT](https://www.xt.com/en/trade/inj_usdt) | 7.767 | 7.768 | 0.013% | $3.2M | 0.200% |
| Revolut X | [INJ/USD](https://exchange.revolut.com/trade/INJ-USD) | 7.749 | 7.768 | 0.245% | $363.1K | 0.090% |
| KuCoin | [INJ/USDT](https://www.kucoin.com/trade/INJ-USDT) | 7.762 | 7.769 | 0.090% | $3.4M | 0.100% |
| BingX | [INJ/USDT](https://bingx.com/en/spot/INJUSDT) | 7.767 | 7.769 | 0.026% | $829.6K | 0.100% |
| Kraken | [INJ/USD](https://pro.kraken.com/app/trade/inj-usd) | 7.763 | 7.769 | 0.077% | $1.9M | 0.260% |
| LBank | [INJ/USDT](https://www.lbank.com/trade/inj_usdt) | 7.765 | 7.769 | 0.051% | $4.2M | 0.100% |
| WEEX | [INJ/USDT](https://www.weex.com/spot/INJ-USDT) | 7.768 | 7.769 | 0.013% | $3.3M | 0.100% |
| Crypto.com | [INJ/USD](https://crypto.com/exchange/trade/INJ_USD) | 7.766 | 7.769 | 0.039% | $171.7K | 0.500% |
| OKX | [INJ/USDT](https://www.okx.com/trade-spot/inj-usdt) | 7.765 | 7.77 | 0.064% | $2.5M | 0.150% |
| BTSE | [INJ/USD](https://www.btse.com/en/trading/INJ-USD) | 7.762 | 7.771 | 0.116% | $136.1K | 0.020% |
| Bitget | [INJ/USDT](https://www.bitget.com/spot/INJUSDT) | 7.766 | 7.773 | 0.090% | $740.8K | 0.100% |
| WhiteBIT | INJ/USDT | 7.7622 | 7.7751 | 0.166% | $4.7M | 0.100% |
| BtcTurk | [INJ/USDT](https://kripto.btcturk.com/pro/al-sat/INJ_USDT) | 7.758 | 7.777 | 0.244% | $150.3K | 0.090% |
| HitBTC | INJ/USDT | 7.75022 | 7.77703 | 0.345% | — | 0.250% |
| CEX.IO | [INJ/USD](https://trade.cex.io/spot/INJ-USD) | 7.763 | 7.7866 | 0.303% | $59 | 0.100% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | WEEX | Binance | Bybit | XT.COM | BingX | Crypto.com | Bitget | LBank | OKX | Kraken | CEX.IO | WhiteBIT | KuCoin | BTSE | Bitstamp | Toobit | Gate | Deepcoin | BtcTurk | MEXC | HitBTC | Revolut X | HTX |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| HTX | -0.07% | -0.08% | -0.08% | -0.18% | -0.08% | -0.49% | -0.09% | -0.10% | -0.15% | -0.29% | -0.13% | -0.14% | -0.14% | -0.06% | -0.46% | -0.17% | -0.28% | -0.24% | -0.18% | -0.16% | -0.44% | -0.30% | — |
| MEXC | -0.05% | -0.06% | -0.06% | -0.16% | -0.06% | -0.47% | -0.07% | -0.09% | -0.14% | -0.27% | -0.11% | -0.12% | -0.12% | -0.04% | -0.44% | -0.15% | -0.26% | -0.23% | -0.17% | — | -0.43% | -0.28% | -1.08% |
| Gate | -0.22% | -0.24% | -0.24% | -0.34% | -0.24% | -0.65% | -0.25% | -0.26% | -0.31% | -0.45% | -0.29% | -0.30% | -0.30% | -0.22% | -0.62% | -0.33% | — | -0.40% | -0.34% | -0.31% | -0.60% | -0.46% | -1.25% |
| Toobit | -0.12% | -0.14% | -0.14% | -0.24% | -0.14% | -0.55% | -0.15% | -0.16% | -0.21% | -0.35% | -0.19% | -0.20% | -0.20% | -0.12% | -0.52% | — | -0.34% | -0.30% | -0.24% | -0.21% | -0.50% | -0.36% | -1.15% |
| Bitstamp | -0.44% | -0.46% | -0.46% | -0.56% | -0.46% | -0.87% | -0.47% | -0.48% | -0.53% | -0.67% | -0.51% | -0.52% | -0.52% | -0.44% | — | -0.55% | -0.66% | -0.62% | -0.56% | -0.54% | -0.82% | -0.68% | -1.47% |
| Deepcoin | -0.21% | -0.22% | -0.22% | -0.32% | -0.22% | -0.64% | -0.24% | -0.25% | -0.30% | -0.44% | -0.28% | -0.29% | -0.29% | -0.21% | -0.61% | -0.31% | -0.43% | — | -0.33% | -0.30% | -0.59% | -0.45% | -1.24% |
| Binance | -0.20% | — | -0.21% | -0.31% | -0.21% | -0.63% | -0.23% | -0.24% | -0.29% | -0.42% | -0.26% | -0.27% | -0.28% | -0.20% | -0.60% | -0.30% | -0.42% | -0.38% | -0.32% | -0.29% | -0.58% | -0.43% | -1.23% |
| Bybit | -0.20% | -0.21% | — | -0.31% | -0.21% | -0.63% | -0.23% | -0.24% | -0.29% | -0.42% | -0.26% | -0.27% | -0.28% | -0.20% | -0.60% | -0.30% | -0.42% | -0.38% | -0.32% | -0.29% | -0.58% | -0.43% | -1.23% |
| XT.COM | -0.30% | -0.31% | -0.31% | — | -0.31% | -0.73% | -0.33% | -0.34% | -0.39% | -0.52% | -0.36% | -0.37% | -0.38% | -0.30% | -0.70% | -0.40% | -0.52% | -0.48% | -0.42% | -0.39% | -0.68% | -0.53% | -1.33% |
| Revolut X | -0.19% | -0.20% | -0.20% | -0.30% | -0.20% | -0.62% | -0.22% | -0.23% | -0.28% | -0.41% | -0.25% | -0.26% | -0.27% | -0.19% | -0.59% | -0.29% | -0.41% | -0.37% | -0.31% | -0.28% | -0.57% | — | -1.22% |
| KuCoin | -0.21% | -0.23% | -0.23% | -0.33% | -0.23% | -0.64% | -0.24% | -0.25% | -0.30% | -0.44% | -0.28% | -0.29% | — | -0.21% | -0.61% | -0.32% | -0.43% | -0.39% | -0.33% | -0.30% | -0.59% | -0.45% | -1.24% |
| BingX | -0.21% | -0.23% | -0.23% | -0.33% | — | -0.64% | -0.24% | -0.25% | -0.30% | -0.44% | -0.28% | -0.29% | -0.29% | -0.21% | -0.61% | -0.32% | -0.43% | -0.39% | -0.33% | -0.30% | -0.59% | -0.45% | -1.24% |
| Kraken | -0.37% | -0.39% | -0.39% | -0.49% | -0.39% | -0.80% | -0.40% | -0.41% | -0.46% | — | -0.44% | -0.45% | -0.45% | -0.37% | -0.77% | -0.48% | -0.59% | -0.55% | -0.49% | -0.46% | -0.75% | -0.61% | -1.40% |
| LBank | -0.21% | -0.23% | -0.23% | -0.33% | -0.23% | -0.64% | -0.24% | — | -0.30% | -0.44% | -0.28% | -0.29% | -0.29% | -0.21% | -0.61% | -0.32% | -0.43% | -0.39% | -0.33% | -0.30% | -0.59% | -0.45% | -1.24% |
| WEEX | — | -0.23% | -0.23% | -0.33% | -0.23% | -0.64% | -0.24% | -0.25% | -0.30% | -0.44% | -0.28% | -0.29% | -0.29% | -0.21% | -0.61% | -0.32% | -0.43% | -0.39% | -0.33% | -0.30% | -0.59% | -0.45% | -1.24% |
| Crypto.com | -0.61% | -0.63% | -0.63% | -0.73% | -0.63% | — | -0.64% | -0.65% | -0.70% | -0.84% | -0.68% | -0.69% | -0.69% | -0.61% | -1.01% | -0.72% | -0.83% | -0.79% | -0.73% | -0.70% | -0.99% | -0.85% | -1.64% |
| OKX | -0.28% | -0.29% | -0.29% | -0.39% | -0.29% | -0.70% | -0.30% | -0.31% | — | -0.50% | -0.34% | -0.35% | -0.35% | -0.27% | -0.67% | -0.38% | -0.49% | -0.45% | -0.39% | -0.37% | -0.65% | -0.51% | -1.30% |
| BTSE | -0.16% | -0.17% | -0.17% | -0.27% | -0.17% | -0.58% | -0.18% | -0.20% | -0.25% | -0.38% | -0.22% | -0.23% | -0.24% | — | -0.56% | -0.26% | -0.37% | -0.34% | -0.28% | -0.25% | -0.54% | -0.39% | -1.19% |
| Bitget | -0.26% | -0.28% | -0.28% | -0.38% | -0.28% | -0.69% | — | -0.30% | -0.35% | -0.49% | -0.33% | -0.34% | -0.34% | -0.26% | -0.66% | -0.37% | -0.48% | -0.44% | -0.38% | -0.36% | -0.64% | -0.50% | -1.29% |
| WhiteBIT | -0.29% | -0.30% | -0.30% | -0.40% | -0.30% | -0.72% | -0.32% | -0.33% | -0.38% | -0.52% | -0.36% | — | -0.37% | -0.29% | -0.69% | -0.39% | -0.51% | -0.47% | -0.41% | -0.38% | -0.67% | -0.53% | -1.32% |
| BtcTurk | -0.31% | -0.32% | -0.32% | -0.42% | -0.32% | -0.73% | -0.33% | -0.34% | -0.39% | -0.53% | -0.37% | -0.38% | -0.38% | -0.30% | -0.70% | -0.41% | -0.52% | -0.48% | — | -0.40% | -0.68% | -0.54% | -1.33% |
| HitBTC | -0.47% | -0.48% | -0.48% | -0.58% | -0.48% | -0.89% | -0.49% | -0.50% | -0.55% | -0.69% | -0.53% | -0.54% | -0.54% | -0.46% | -0.86% | -0.57% | -0.68% | -0.64% | -0.58% | -0.56% | — | -0.70% | -1.49% |
| CEX.IO | -0.44% | -0.45% | -0.45% | -0.55% | -0.45% | -0.86% | -0.46% | -0.48% | -0.53% | -0.66% | — | -0.51% | -0.52% | -0.44% | -0.84% | -0.54% | -0.65% | -0.62% | -0.56% | -0.53% | -0.82% | -0.67% | -1.47% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Extended | [INJ/USDC:USDC](https://app.extended.exchange/perp/INJ-USD) | 7.7487 | 7.7531 | 0.057% | $470.5K | 0.200% |
| Gate | [INJ/USDT:USDT](https://www.gate.com/futures/USDT/INJ_USDT) | 7.755 | 7.756 | 0.013% | $4.1M | 0.050% |
| Deepcoin | [INJ/USDT:USDT](https://www.deepcoin.com/en/swap/INJ-USDT) | 7.757 | 7.758 | 0.013% | $9.1M | 0.150% |
| KuCoin | [INJ/USDT:USDT](https://www.kucoin.com/trade/futures/INJUSDTM) | 7.755 | 7.761 | 0.077% | $27.4M | 0.060% |
| MEXC | [INJ/USDT:USDT](https://www.mexc.com/futures/INJ_USDT) | 7.76 | 7.761 | 0.013% | $16.5M | 0.000% |
| Binance | [INJ/USDT:USDT](https://www.binance.com/en/futures/INJUSDT) | 7.761 | 7.762 | 0.013% | $70.9M | 0.050% |
| Bybit | [INJ/USDT:USDT](https://www.bybit.com/trade/usdt/INJUSDT) | 7.762 | 7.763 | 0.013% | $23.2M | 0.060% |
| OKX | [INJ/USDT:USDT](https://www.okx.com/trade-swap/inj-usdt-swap) | 7.762 | 7.763 | 0.013% | $17.3M | 0.050% |
| Bitget | [INJ/USDT:USDT](https://www.bitget.com/futures/usdt/INJUSDT) | 7.76 | 7.763 | 0.039% | $7.3M | 0.060% |
| LBank | [INJ/USDT:USDT](https://www.lbank.com/futures/injusdt) | 7.762 | 7.763 | 0.013% | $41.9M | 0.100% |
| WEEX | [INJ/USDT:USDT](https://www.weex.com/futures/INJ-USDT) | 7.761 | 7.763 | 0.026% | $2.9M | 0.080% |
| Toobit | [INJ/USDT:USDT](https://www.toobit.com/en-US/futures/INJ-SWAP-USDT) | 7.754 | 7.763 | 0.116% | $8.9M | 0.100% |
| BingX | [INJ/USDT:USDT](https://bingx.com/en/perpetual/INJ-USDT) | 7.763 | 7.764 | 0.013% | $19M | 0.050% |
| XT.COM | [INJ/USDT:USDT](https://www.xt.com/en/futures/trade/inj_usdt) | 7.761 | 7.764 | 0.039% | $7.5M | 0.060% |
| Aster | [INJ/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/INJUSDT) | 7.76 | 7.764 | 0.052% | $438.2K | 0.035% |
| WOOFi Pro | [INJ/USDC:USDC](https://pro.woofi.com/en/trade/INJ_PERP) | 7.754 | 7.764 | 0.129% | $1.4M | 0.050% |
| Hyperliquid | [INJ/USDC:USDC](https://app.hyperliquid.xyz/trade/INJ) | 7.75916 | 7.76518 | 0.078% | $4.4M | 0.045% |
| BTSE | [INJ/USDT:USDT](https://www.btse.com/en/futures/INJ-PERP) | 7.76 | 7.766 | 0.077% | $316.7K | 0.055% |
| HitBTC | INJ/USDT:USDT | 7.762 | 7.767 | 0.064% | — | 0.070% |
| WhiteBIT | [INJ/USDT:USDT](https://whitebit.com/trade/INJ-PERP?type=futures) | 7.735 | 7.769 | 0.438% | $9.9M | 0.055% |
| Crypto.com | [INJ/USD:USD](https://crypto.com/exchange/trade/INJUSD-PERP) | 7.769 | 7.77 | 0.013% | $20.6K | 0.500% |
| Kraken | [INJ/USD:USD](https://pro.kraken.com/app/trade/futures-inj-usd-perp) | 7.765 | 7.774 | 0.116% | $1.4M | 0.050% |
| Bitfinex | [INJ/USDT:USDT](https://trading.bitfinex.com/t/INJF0:USTF0) | 7.7643 | 7.7762 | 0.153% | $22K | 0.200% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Crypto.com | Kraken | Bitfinex | BingX | Bybit | OKX | LBank | HitBTC | Binance | WEEX | XT.COM | MEXC | Bitget | Aster | BTSE | Hyperliquid | Deepcoin | Gate | KuCoin | Toobit | WOOFi Pro | Extended | WhiteBIT |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Extended | -1.19% | -0.35% | -0.66% | -0.37% | -0.41% | -0.39% | -0.49% | -0.43% | -0.40% | -0.46% | -0.42% | -0.31% | -0.43% | -0.38% | -0.42% | -0.41% | -0.65% | -0.48% | -0.50% | -0.59% | -0.49% | — | -0.74% |
| Gate | -0.93% | -0.08% | -0.39% | -0.11% | -0.14% | -0.12% | -0.22% | -0.16% | -0.14% | -0.20% | -0.16% | -0.05% | -0.17% | -0.12% | -0.16% | -0.15% | -0.39% | — | -0.23% | -0.33% | -0.23% | -0.59% | -0.48% |
| Deepcoin | -1.16% | -0.31% | -0.62% | -0.34% | -0.37% | -0.35% | -0.45% | -0.39% | -0.36% | -0.42% | -0.38% | -0.27% | -0.39% | -0.34% | -0.38% | -0.38% | — | -0.44% | -0.46% | -0.55% | -0.45% | -0.82% | -0.71% |
| KuCoin | -1.02% | -0.17% | -0.48% | -0.19% | -0.23% | -0.21% | -0.31% | -0.25% | -0.22% | -0.28% | -0.24% | -0.13% | -0.25% | -0.20% | -0.24% | -0.23% | -0.47% | -0.30% | — | -0.41% | -0.31% | -0.68% | -0.57% |
| MEXC | -0.90% | -0.05% | -0.36% | -0.07% | -0.11% | -0.09% | -0.19% | -0.13% | -0.10% | -0.16% | -0.12% | — | -0.13% | -0.08% | -0.12% | -0.11% | -0.35% | -0.18% | -0.20% | -0.29% | -0.19% | -0.56% | -0.45% |
| Binance | -1.01% | -0.16% | -0.47% | -0.19% | -0.22% | -0.20% | -0.30% | -0.24% | — | -0.27% | -0.23% | -0.13% | -0.25% | -0.20% | -0.24% | -0.23% | -0.46% | -0.29% | -0.31% | -0.40% | -0.30% | -0.67% | -0.56% |
| Bybit | -1.04% | -0.19% | -0.50% | -0.22% | — | -0.23% | -0.33% | -0.27% | -0.25% | -0.31% | -0.27% | -0.16% | -0.28% | -0.23% | -0.27% | -0.26% | -0.50% | -0.32% | -0.34% | -0.44% | -0.34% | -0.70% | -0.59% |
| OKX | -1.02% | -0.17% | -0.48% | -0.20% | -0.23% | — | -0.31% | -0.25% | -0.23% | -0.29% | -0.25% | -0.14% | -0.26% | -0.21% | -0.25% | -0.24% | -0.48% | -0.30% | -0.32% | -0.42% | -0.32% | -0.68% | -0.57% |
| Bitget | -1.04% | -0.19% | -0.50% | -0.22% | -0.25% | -0.23% | -0.33% | -0.27% | -0.25% | -0.31% | -0.27% | -0.16% | — | -0.23% | -0.27% | -0.26% | -0.50% | -0.32% | -0.34% | -0.44% | -0.34% | -0.70% | -0.59% |
| LBank | -1.12% | -0.27% | -0.58% | -0.30% | -0.33% | -0.31% | — | -0.35% | -0.33% | -0.39% | -0.35% | -0.24% | -0.36% | -0.31% | -0.35% | -0.34% | -0.58% | -0.40% | -0.42% | -0.52% | -0.42% | -0.78% | -0.67% |
| WEEX | -1.08% | -0.23% | -0.54% | -0.26% | -0.29% | -0.27% | -0.37% | -0.31% | -0.29% | — | -0.31% | -0.20% | -0.32% | -0.27% | -0.31% | -0.30% | -0.54% | -0.36% | -0.38% | -0.48% | -0.38% | -0.74% | -0.63% |
| Toobit | -1.12% | -0.27% | -0.58% | -0.30% | -0.33% | -0.31% | -0.41% | -0.35% | -0.33% | -0.39% | -0.35% | -0.24% | -0.36% | -0.31% | -0.35% | -0.34% | -0.58% | -0.40% | -0.42% | — | -0.42% | -0.78% | -0.67% |
| BingX | -1.04% | -0.19% | -0.50% | — | -0.25% | -0.23% | -0.33% | -0.27% | -0.24% | -0.30% | -0.26% | -0.15% | -0.27% | -0.22% | -0.26% | -0.25% | -0.49% | -0.32% | -0.34% | -0.43% | -0.33% | -0.70% | -0.58% |
| XT.COM | -1.06% | -0.21% | -0.52% | -0.23% | -0.27% | -0.25% | -0.35% | -0.29% | -0.26% | -0.32% | — | -0.17% | -0.29% | -0.24% | -0.28% | -0.27% | -0.51% | -0.34% | -0.36% | -0.45% | -0.35% | -0.72% | -0.60% |
| Aster | -1.01% | -0.16% | -0.47% | -0.18% | -0.22% | -0.20% | -0.30% | -0.24% | -0.21% | -0.27% | -0.23% | -0.12% | -0.24% | — | -0.23% | -0.22% | -0.46% | -0.29% | -0.31% | -0.40% | -0.30% | -0.67% | -0.55% |
| WOOFi Pro | -1.04% | -0.19% | -0.50% | -0.21% | -0.25% | -0.23% | -0.33% | -0.27% | -0.24% | -0.30% | -0.26% | -0.15% | -0.27% | -0.22% | -0.26% | -0.25% | -0.49% | -0.32% | -0.34% | -0.43% | — | -0.70% | -0.58% |
| Hyperliquid | -1.04% | -0.19% | -0.50% | -0.22% | -0.25% | -0.23% | -0.33% | -0.27% | -0.24% | -0.30% | -0.26% | -0.16% | -0.28% | -0.23% | -0.27% | — | -0.50% | -0.32% | -0.34% | -0.43% | -0.33% | -0.70% | -0.59% |
| BTSE | -1.07% | -0.22% | -0.53% | -0.25% | -0.28% | -0.26% | -0.36% | -0.30% | -0.27% | -0.33% | -0.29% | -0.19% | -0.31% | -0.26% | — | -0.29% | -0.53% | -0.35% | -0.37% | -0.46% | -0.36% | -0.73% | -0.62% |
| HitBTC | -1.11% | -0.27% | -0.57% | -0.29% | -0.32% | -0.30% | -0.40% | — | -0.32% | -0.38% | -0.34% | -0.23% | -0.35% | -0.30% | -0.34% | -0.33% | -0.57% | -0.39% | -0.41% | -0.51% | -0.41% | -0.78% | -0.66% |
| WhiteBIT | -1.11% | -0.26% | -0.57% | -0.29% | -0.32% | -0.30% | -0.40% | -0.34% | -0.31% | -0.37% | -0.33% | -0.23% | -0.35% | -0.30% | -0.34% | -0.33% | -0.56% | -0.39% | -0.41% | -0.50% | -0.40% | -0.77% | — |
| Crypto.com | — | -1.16% | -1.47% | -1.19% | -1.22% | -1.20% | -1.30% | -1.24% | -1.22% | -1.28% | -1.24% | -1.13% | -1.25% | -1.20% | -1.24% | -1.23% | -1.47% | -1.29% | -1.31% | -1.41% | -1.31% | -1.67% | -1.56% |
| Kraken | -1.16% | — | -0.62% | -0.34% | -0.37% | -0.35% | -0.45% | -0.39% | -0.37% | -0.43% | -0.39% | -0.28% | -0.40% | -0.35% | -0.39% | -0.38% | -0.62% | -0.44% | -0.46% | -0.56% | -0.46% | -0.83% | -0.71% |
| Bitfinex | -1.49% | -0.64% | — | -0.67% | -0.70% | -0.68% | -0.78% | -0.72% | -0.70% | -0.76% | -0.72% | -0.61% | -0.73% | -0.68% | -0.72% | -0.71% | -0.95% | -0.77% | -0.79% | -0.89% | -0.79% | -1.15% | -1.04% |

## Frequently asked questions

### Is there a INJ arbitrage opportunity right now?

No. The best INJ routes do not cover taker fees at the moment.

### Which exchange has the cheapest INJ?

Lowest ask price: Spot: HTX at 7.7498; Perpetual: Extended at 7.7531.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.
