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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Binance against ApeX Omni−0.329%89s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.329%, 7d avg −0.045%
Together, before fees+0.233%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.284% cheaper against ApeX Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.59100.0100pay 0.0013% / 1h7m 55s$46K$271K50x
ShortBinance INJUSDT7.56600.0100get 0.0100% / 8h3h 07m$33.0M$96.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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
$0
Price spread: −0.329% → −0.045%
−$28.4
Slippage, 4 orders
−$25.82
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$74.22
Costs to cover
0.458%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 44 min ago5.92 bp11.8 bp −$1297.2 bp −$972doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.66 bp11.7 bp −$1222.9 bp −$229113.8 bp −$11.4Kdoesn't fit

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
Kraken Futures PF_INJUSD−0.0234%1h7.5628−0.371%$761K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5577−0.439%20xas long as short
dYdX INJ-USD0.0000%1h7.5606−0.400%$78K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.5630−0.369%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0027%1h7.5633−0.365%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5595−0.415%$68K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5640−0.356%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.5668−0.319%$25.5M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.5670−0.316%$138K$419K20xas long as short
Binance INJUSDTshort+0.0100%8h7.5660−0.329%$33.0M$96.6M75x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.5650−0.343%$21.0M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.5650−0.343%$6.2M$18.5M50xas long as short
Gate INJ_USDT+0.0100%8h7.5600−0.408%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5680−0.303%$9.4M$17.7M50xas long as short
Bitget INJUSDT+0.0100%8h7.5590−0.422%$13.8M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.5551−0.473%$266K$144Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.5910long leg$46K$271K50x
Extended INJ-USD+0.0104%1h7.5649−0.344%$112K$454K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5640−0.356%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.5610−0.395%$20.9Mas long as short
MEXC INJ_USDT+0.0261%8h7.5700−0.277%$29.7M$21.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5641−0.355%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.5790−0.158%$366K$617K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.5650−0.343%$315K$12.1M30xas long as short