INJ: Binance ↔ HyperLiquid arbitrage

INJ arbitrage between Binance and HyperLiquid: we compare the price of INJ on Binance (spot) and HyperLiquid (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Injective

Injective is an interoperable Layer 1 blockchain designed for DeFi applications. It provides developers with on-chain financial infrastructure modules to build dApps such as decentralized exchanges, prediction markets, and lending protocols. Its decentralized cross-chain bridging infrastructure offers compatibility with most blockchains, including EVM chains like Ethereum and non-EVM chains like Solana.

Smart Contract Platform, Decentralized Finance (DeFi), BNB Chain Ecosystem, Cosmos Ecosystem

INJ: Binance — deposit open, withdrawal open.

Open interest in INJ right now — $72.7M: Binance $18.9M, Bybit $12.5M, BingX $12.4M, KuCoin $12.0M, Bitget $10.0M. See OI INJ.

News about INJ

• Injective registers with SEC as transfer agent for tokenized assets
• Injective climbs 5.78%, eyes $60 target as SEC registration and AI integration advance
• Injective Expands Tokenization Push With SEC Transfer Agent Status
• Why INJ traders should watch THESE levels after price rally hits major roadblock
• Injective eyes bullish breakout as double-bottom pattern targets $7.20

About INJ arbitrage

How do I read the INJ spread?

The spread is how many percent higher INJ trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Binance and HyperLiquid. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get INJ alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.