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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.058%
Price spread now: MEXC against ApeX Omni+0.372%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.243%+$24 on $10k
Price spread, last 4 days (all we have)−0.524%−$52 · spread now +0.372%, 7d avg −0.047%
Together, before fees−0.280%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.419% dearer against ApeX Omni than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.79000.0100pay 0.0013% / 1h33m 01s$47K$273K50x
ShortMEXC INJ_USDT7.81900.0285get 0.0285% / 8h5h 33m$31.5M$20.8M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$38.85
Price spread: +0.372% → −0.047%
$41.93
Slippage, 4 orders
−$26.65
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$44.13
Costs to cover
0.367%
Break-even
from the start
Slippage from ApeX Omni: live order book, 29 min ago; MEXC: live order book, 1 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, 29 min ago7.69 bp14.2 bp −$1496.6 bp −$966doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.28 bp3.4 bp −$314.8 bp −$14858.3 bp −$5,832120.5 bp −$60.2K

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%1h7.8092+0.246%20xas long as short
dYdX INJ-USD0.0000%1h7.8064+0.211%$81K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8119+0.281%$3K150xas long as short
Deribit INJ_USDC-PERPETUAL+0.0019%1h7.8168+0.344%$6K$24K25xas long as short
Aevo INJ-PERP+0.0096%1h7.8136+0.303%$71K3xas long as short
Aster INJUSDT+0.0100%8h7.8147+0.317%$149K$424K20xas long as short
Binance INJUSDT+0.0100%8h7.8169+0.345%$35.4M$90.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.8124+0.288%$22.0M$30.3M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8090+0.244%$6.4M$18.6M50xas long as short
Gate INJ_USDT+0.0100%8h7.8140+0.308%$2.8M$4.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.8150+0.321%$9.4M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.8110+0.270%$14.3M$9.8M75xas long as short
Variational Omni INJ+0.0100%8h7.7540−0.462%$272K$149Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.7900long leg$47K$273K50x
Orderly PERP_INJ_USDC+0.0100%8h7.8140+0.308%$35K$92K10xas long as short
Extended INJ-USD+0.0104%1h7.8133+0.299%$116K$367K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8180+0.359%$1.8M$6.4M75xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.8119+0.282%$30K100xas long as short
BingX INJ-USDT+0.0271%8h7.8160+0.334%$21.2Mas long as short
Hyperliquid INJ+0.0280%1h7.8256+0.457%$26.3M$8.7M5xas long as short
MEXC INJ_USDTshort+0.0285%8h7.8190+0.372%$31.5M$20.8M300x
Kraken Futures PF_INJUSD+0.0438%1h7.8191+0.374%$866K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0640%1h7.8260+0.462%$384K$585K50xas long as short
Injective INJ/USDC PERP+0.1331%1h7.8270+0.475%$326K$12.1M30xas long as short