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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1267%/8h= +138.8% APRpaid last 24h +0.308%
Price spread now: Injective against Aster+0.496%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs+$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$800.803% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.708%+$171 on $10k
Price spread, last 3 days (all we have)−0.120%−$12 · spread now +0.496%, 7d avg +0.200%
Together, before fees+1.588%+ Points / potential airdropAster: Stage 5 · farm board+$159 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Injective is 0.296% dearer against Aster than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.200%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INJUSDT7.76850.0100pay 0.0100% / 8h1h 50m$156K$440K20x
ShortInjective INJ/USDC PERP7.80700.1367get 0.0171% / 1h50m 39s$320K$12.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
$266.1
Price spread: +0.496% → +0.200%
$29.58
Slippage, 4 orders
−$72.28
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$215.38
Costs to cover
0.803%
Break-even
1.3 days
Slippage from Aster: live order book, 32 min ago; Injective: live order book, 3 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 Aster live order book, 32 min ago5.79 bp12.9 bp −$1374.3 bp −$743doesn't fitdoesn't fit
Sell Injective live order book, 3 min ago26.27 bp26.3 bp −$2646.5 bp −$465doesn'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%1h7.7622−0.080%20xas long as short
dYdX INJ-USD0.0000%1h7.7688+0.004%$90K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7670−0.019%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7679−0.007%$3K150xas long as short
Variational Omni INJ+0.0094%8h7.7778+0.121%$272K$157Kas long as short
Aevo INJ-PERP+0.0096%1h7.7661−0.030%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0098%8h7.7670−0.019%$38K$63K10xas long as short
Kraken Futures PF_INJUSD+0.0099%1h7.7715+0.039%$885K$3.1M50xas long as short
Aster INJUSDTlong+0.0100%8h7.7685long leg$156K$440K20x
Binance INJUSDT+0.0100%8h7.7708+0.030%$35.5M$94.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7640−0.057%$21.6M$31.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7640−0.057%$6.4M$20.0M50xas long as short
Gate INJ_USDT+0.0100%8h7.7640−0.057%$2.8M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7680−0.006%$9.4M$16.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.7670−0.019%$14.3M$10.8M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.7760+0.097%$48K$347K50xas long as short
Extended INJ-USD+0.0104%1h7.7668−0.022%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7550−0.173%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7650−0.044%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.7660−0.032%$31.7M$22.7M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0354% / S −0.0391%1h7.7654−0.039%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0640%1h7.7780+0.123%$381K$696K50xas long as short
Hyperliquid INJ+0.1180%1h7.7838+0.198%$26.7M$9.4M5xas long as short
Injective INJ/USDC PERPshort+0.1367%1h7.8070+0.496%$320K$12.1M30x