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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0318%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.089%
Price spread now: GMX against ApeX Omni+0.195%68s7-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 3 days (all we have)no history yet
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 +$10 a day on $10k at the current rate, and GMX is 0.195% dearer against ApeX Omni than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.81600.0100pay 0.0013% / 1h10m 17s$48K$313K50x
ShortGMX INJ/USD [WBTC.b-USDC]7.8313L +0.0356% / S −0.0418%get 0.0052% / 1h10m 17s$46K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$66.79
Price spread: +0.195% → 0.000%
$19.52
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$64.31
Costs to cover
0.220%
Break-even
0.3 days
Slippage unknown: ApeX Omni: live order book, 62 min ago; GMX: no order-book sample. 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 ApeX Omni live order book, 62 min ago7.65 bp12.8 bp −$13108.6 bp −$1,086doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h7.8303+0.183%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8293+0.170%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8328+0.215%$3K150xas long as short
dYdX INJ-USD+0.0035%1h7.8257+0.124%$90K$8K5xas long as short
Aevo INJ-PERP+0.0096%1h7.8260+0.128%$71K3xas long as short
Aster INJUSDT+0.0100%8h7.8319+0.204%$150K$428K20xas long as short
Binance INJUSDT+0.0100%8h7.8332+0.220%$35.7M$92.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.8299+0.178%$22.0M$31.2M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8290+0.166%$6.4M$19.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.8280+0.154%$2.8M$4.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.8350+0.243%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8260+0.128%$14.4M$10.1M75xas long as short
Variational Omni INJ+0.0100%8h7.8262+0.131%$279K$154Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.8160long leg$48K$313K50x
Orderly PERP_INJ_USDC+0.0100%8h7.8300+0.179%$38K$66K10xas long as short
Extended INJ-USD+0.0104%1h7.8316+0.200%$116K$469K10xas long as short
Kraken Futures PF_INJUSD+0.0195%1h7.8322+0.207%$887K$3.0M50xas long as short
BloFin INJ-USDT+0.0220%8h7.8250+0.115%$1.8M$7.3M75xas long as short
BingX INJ-USDT+0.0271%8h7.8310+0.192%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8340+0.230%$31.8M$22.7M300xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0356% / S −0.0418%1h7.8313+0.195%$46K100x
Hyperliquid INJ+0.0437%1h7.8424+0.338%$26.4M$8.9M5xas long as short
Coinbase International INJ-PERP-INTX+0.0632%1h7.8410+0.320%$384K$637K50xas long as short
Injective INJ/USDC PERP+0.1436%1h7.8420+0.333%$327K$12.1M30xas long as short