Funding arb · Price arb /

1INCH

all 1INCH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%

Price spread now: Bybit against Injective+5.079%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 5.079% dearer against Injective than usual: you sell high and buy low: +$508 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective 1INCH/USDC PERP	0.09766	0.0033	pay 0.0004% / 1h	52m 51s	$6	$26K	5.5x
Short	Bybit 1INCHUSDT	0.1026	0.0100	get 0.0100% / 8h	4h 52m	$3.4M	$737K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BybitbpOrdersPrice spread, now +5.079%Rate

Funding earned: $14
Price spread: +5.079% → 0.000%: $507.88
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $510.86
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	3.91 bp	28.2 bp −$28	143.7 bp −$1,437	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

1INCH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX 1INCH-USD	0.0000%	1h	0.1029	+5.348%	$20K	$113	5x	as long as short
Injective 1INCH/USDC PERPlong	+0.0033%	1h	0.09766	long leg	$6	$26K	5.5x
BloFin 1INCH-USDT	+0.0096%	8h	0.1029	+5.325%	$226K	$11K	75x	as long as short
Binance 1INCHUSDT	+0.0100%	8h	0.1028	+5.274%	$3.3M	$3.0M	75x	as long as short
Bybit 1INCHUSDTshort	+0.0100%	8h	0.1026	+5.079%	$3.4M	$737K	75x
OKX 1INCH-USDT-SWAP	+0.0100%	8h	0.1027	+5.151%	$704K	$641K	20x	as long as short
Gate 1INCH_USDT	+0.0100%	8h	0.1028	+5.263%	$254K	$28K	50x	as long as short
MEXC 1INCH_USDT	+0.0100%	8h	0.1028	+5.243%	$824K	$163K	200x	as long as short
KuCoin 1INCHUSDTM	+0.0100%	8h	0.1028	+5.263%	$502K	$189K	30x	as long as short
Bitget 1INCHUSDT	+0.0100%	8h	0.1027	+5.202%	$504K	$314K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX 1INCH-USDT	+0.0100%	8h	0.1028	+5.243%	—	$41.0M	—	as long as short
Variational Omni 1INCH	+0.0100%	8h	0.1025	+4.980%	$36K	$139	—	as long as short
Kraken Futures PF_1INCHUSD	+0.1929%	1h	0.1029	+5.409%	$65K	$2K	10x	as long as short