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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.054%
Price spread now: BingX against ApeX Omni−0.119%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$390.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.119%, 7d avg −0.072%
Together, before fees+0.232%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.047% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.072%). If the spread goes back, that is −$5 on $10k: about 22 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.57600.0100pay 0.0013% / 1h58m 53s$45K$271K50x
ShortBingX INJ-USDT7.56700.0271get 0.0271% / 8h3h 58m$21.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$35.91
Price spread: −0.119% → −0.072%
−$4.69
Slippage, 4 orders
−$19.48
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$8.26
Costs to cover
0.395%
Break-even
8.6 days
Slippage from ApeX Omni: live order book, 58 min ago; BingX: 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, 58 min ago5.81 bp14.0 bp −$14116.6 bp −$1,166doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago0.66 bp6.6 bp −$711.3 bp −$11329.5 bp −$2,94573.1 bp −$36.5K

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%1h7.5787+0.035%$804K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5753−0.010%20xas long as short
Deribit INJ_USDC-PERPETUAL−0.0093%1h7.5778+0.024%$6K$24K25xas long as short
dYdX INJ-USD0.0000%1h7.5836+0.100%$78K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.5819+0.079%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5765+0.007%$68K3xas long as short
Hyperliquid INJ+0.0100%1h7.5712−0.063%$25.6M$8.9M5xas long as short
Aster INJUSDT+0.0100%8h7.5804+0.057%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.5660−0.132%$33.3M$97.4M75xas long as short
Bybit INJUSDT+0.0100%8h7.5700−0.079%$21.1M$32.2M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.5690−0.092%$6.1M$19.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.57600.000%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5660−0.132%$9.4M$17.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.5610−0.198%$13.9M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.5852+0.121%$267K$151Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.5760long leg$45K$271K50x
Orderly PERP_INJ_USDC+0.0100%8h7.5790+0.040%$34K$94K10xas long as short
Extended INJ-USD+0.0104%1h7.5660−0.132%$113K$364K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5740−0.026%$1.6M$5.9M75xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5800+0.053%$29K100xas long as short
BingX INJ-USDTshort+0.0271%8h7.5670−0.119%$21.3M
MEXC INJ_USDT+0.0285%8h7.5690−0.092%$29.8M$21.3M300xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.6000+0.317%$369K$614K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6120+0.475%$317K$12.1M30xas long as short