Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

INJ

All INJ markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
ApeX OmniINJUSDT
7.6450+0.0100pay 0.0013% / 1h15m 12s$27K$261K50xLong ApeX Omni5% off
SHORT
PhemexINJUSDT
7.6200+0.0100get 0.0100% / 8h7h 15m$1.6M$2.6M50xShort Phemex
Price gap−0.327%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.341% under its 7d average: the price leg works against you, −$34 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$2500.0000% /8h now · paid +2.496% over the last 7D
Price−$34spread −0.327% now, avg +0.014% → −0.341% if it goes back
Costs−$890.887% of $10k · taker + slippage, in and out
Result+$127+1.27%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phemex price against ApeX Omninow
RANGE STATS · 7D
Now−0.327%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

INJ on 24 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size13.7 / 38.6 bp
    At $10k entering Phemex costs 38.6 bp, fee and slippage, 2.8× ApeX Omni’s.
  • Note: Margin at max leverage$200 + $200
    ApeX Omni 50x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long ApeX Omni: 24 payments, −$3.00; short Phemex: 3 payments, +$3.00.
  • Watch: Gap narrower than usual−0.327% vs +0.014%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$27K vs $1.6M OI
    ApeX Omni sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCApeX Omni No · Phemex Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.1307%/8h × 21 periods+$274.56
Price spread−0.327% → +0.014% (7d avg)−$34.11
Slippage, 4 orderslive order books−$66.67
Fee ApeX Omni bp × 2 orders−$10.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k+$151.78
Costs to cover0.887%Break-even3.1 days
Slippage: ApeX Omni: live order book, 57 min ago; Phemex: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGApeX Omni7.1813.7 bp−$14102.9 bp−$1,029doesn’t fitdoesn’t fit
SELL · SHORTPhemex2.6238.6 bp−$39doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

INJ news

posts that mention INJ, from every exchangeSearch all news →
09-30 02:00InjectiveOtherTomorrow, the Injective Stockdrop goes live. Tokenized stock claims begin. Loyal ninjas who burned $INJ finally discover which onchain stock is waiting for them as a reward. 12 hours until the drop 🔥 @injective on X ↗
09-30 01:05ReyaListingINJRUSDPERP no longer reported ($INJ) seen by our collector
09-29 18:25InjectiveTokenHuge day tomorrow. Nearly $300,000 worth of $INJ will be bought back and burned forever. Loyal users of Injective will have a chance to earn onchain stock tokens for the first time for participating in the INJ buyback. @injective on X ↗
09-29 16:38InjectiveOtherThe Injective @fomo thesis competition has concluded. $INJ has been sent to all of the winners. Top winners: 1. @itesaitama: 2. @greyvese: 3. @reebmughal: We’ve also listed the runners-up below, who will share an additional 50 $INJ equally. Congratulations to all the winners and runners-up! Stay tuned for new upcoming contests. @injective on X ↗
09-29 11:41InjectiveOtherThe status of regulated institutional INJ products: $INJ ETP in Europe: Live $INJ Regulated U.S. Futures: Live $INJ 21Shares U.S. Spot ETF: Amended S-1/A with the SEC a few days ago Canary Staked $INJ U.S. ETF: Amendment No. 3 announced with an aim to stake 90% of INJ @injective on X ↗
09-29 05:27InjectiveOtherFirst ever Injective Stockdrop. This week. A chance to get onchain stocks for Nvidia, $AMC, Meta and more while burning $INJ forever. Get ready 🥷 @injective on X ↗