Settings8H · net · $10k
Funding arb · Price arb /

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0544%/8h= +59.6% APRnext payment +$0.68 per $10,000 · paid last 24h +0.102%
Price spread now: Coinbase International against Aevo+0.104%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.104% dearer against Aevo than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo INJ-PERP7.80690.0096pay 0.0012% / 1h21m 31s$71K$13K3x
ShortCoinbase International INJ-PERP-INTX7.81500.0640get 0.0080% / 1h21m 31s$382K$713K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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

Funding earned
$114.24
Price spread: +0.104% → 0.000%
$10.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$98.61
Costs to cover
0.260%
Break-even
1.0 days
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Coinbase International live order book, 62 min ago10.93 bp24.6 bp −$2548.0 bp −$480doesn't fitdoesn't fit
Aevo: 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.

INJ on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya INJRUSDPERP−0.0200%1h7.8028−0.053%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8085+0.020%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8051−0.023%$3K150xas long as short
dYdX INJ-USD+0.0010%1h7.8110+0.052%$90K$8K5xas long as short
Aevo INJ-PERPlong+0.0096%1h7.8069long leg$71K$13K3x
Orderly PERP_INJ_USDC+0.0098%8h7.8080+0.014%$38K$63K10xas long as short
Kraken Futures PF_INJUSD+0.0099%1h7.8114+0.058%$873K$3.1M50xas long as short
Aster INJUSDT+0.0100%8h7.8126+0.073%$157K$440K20xas long as short
Binance INJUSDT+0.0100%8h7.8120+0.065%$35.7M$93.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.8029−0.051%$21.7M$31.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.8030−0.050%$6.4M$20.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.8090+0.027%$2.8M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8100+0.040%$9.5M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.8070+0.001%$14.3M$10.8M75xas long as short
Variational Omni INJ+0.0100%8h7.7750−0.408%$272K$155Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7830−0.306%$48K$349K50xas long as short
Extended INJ-USD+0.0104%1h7.8109+0.051%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7930−0.178%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8080+0.014%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8120+0.065%$31.8M$23.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0355% / S −0.0418%1h7.8052−0.022%$46K100xas long as short
Coinbase International INJ-PERP-INTXshort+0.0640%1h7.8150+0.104%$382K$713K50x
Hyperliquid INJ+0.0696%1h7.8173+0.133%$26.5M$9.5M5xas long as short
Injective INJ/USDC PERP+0.1367%1h7.8280+0.270%$320K$12.1M30xas long as short