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+0.0120%/8h= +13.1% APRpaid last 24h +0.048%
Price spread now: BloFin against ApeX Omni−0.410%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 3 days (all we have)+0.524%+$52 · spread now −0.410%, 7d avg −0.071%
Together, before fees+0.713%+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.339% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of −0.071%). If the spread goes back, that is −$34 on $10k: about 9.4 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.79900.0100pay 0.0013% / 1h22m 42s$48K$346K50x
ShortBloFin INJ-USDT7.76700.0220get 0.0220% / 8h2h 22m$1.8M$7.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.410% → −0.071%
−$33.92
Slippage, 4 orders
−$27.17
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.89
Costs to cover
0.492%
Break-even
23.1 days
Slippage from ApeX Omni: live order book, 64 min ago; BloFin: live order book, 6 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, 64 min ago5.16 bp10.4 bp −$1099.6 bp −$996doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.28 bp11.6 bp −$1235.4 bp −$354doesn't fitdoesn'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
Reya INJRUSDPERP−0.0200%1h7.7682−0.396%20xas long as short
dYdX INJ-USD0.0000%1h7.7683−0.393%$90K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7731−0.332%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7701−0.371%$3K150xas long as short
Variational Omni INJ+0.0059%8h7.8082+0.118%$272K$157Kas long as short
Kraken Futures PF_INJUSD+0.0078%1h7.7736−0.325%$885K$3.2M50xas long as short
Aevo INJ-PERP+0.0096%1h7.7695−0.378%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0097%8h7.7710−0.359%$38K$65K10xas long as short
Aster INJUSDT+0.0100%8h7.7663−0.419%$153K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7665−0.417%$35.4M$95.0M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7641−0.447%$21.5M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7660−0.423%$6.4M$20.3M50xas long as short
Gate INJ_USDT+0.0100%8h7.7610−0.487%$2.8M$5.1M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7630−0.462%$9.5M$16.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.7600−0.500%$14.3M$11.0M75xas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.7990long leg$48K$346K50x
Extended INJ-USD+0.0104%1h7.7638−0.451%$118K$460K10xas long as short
BloFin INJ-USDTshort+0.0220%8h7.7670−0.410%$1.8M$7.8M75x
BingX INJ-USDT+0.0271%8h7.7620−0.474%$21.3Mas long as short
MEXC INJ_USDT+0.0285%8h7.7690−0.385%$31.8M$23.7M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0353% / S −0.0391%1h7.7679−0.399%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.7910−0.103%$389K$703K50xas long as short
Hyperliquid INJ+0.0822%1h7.7799−0.245%$26.3M$9.1M5xas long as short
Injective INJ/USDC PERP+0.1499%1h7.8000+0.013%$319K$12.1M30xas long as short