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−0.0022%/8h= −2.4% APRpaid last 24h +0.025%
Price spread now: Kraken Futures against Aster+0.006%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.205%+$20 on $10k
Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.006%, 7d avg +0.049%
Together, before fees+0.147%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.043% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.205%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INJUSDT7.78220.0100pay 0.0100% / 8h2h 29m$154K$441K20x
ShortKraken Futures PF_INJUSD7.78260.0078get 0.0010% / 1h29m 54s$891K$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$4.67
Price spread: +0.006% → +0.049%
−$4.31
Slippage, 4 orders
−$42.45
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$69.42
Costs to cover
0.604%
Break-even
never at this rate
Slippage from Aster: live order book, 57 min ago; Kraken Futures: live order book, 4 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, 57 min ago5.15 bp12.3 bp −$1283.6 bp −$836doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago5.15 bp15.0 bp −$1531.3 bp −$313620.0 bp −$62.0Kdoesn'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%1h7.7739−0.106%20xas long as short
dYdX INJ-USD0.0000%1h7.7788−0.043%$90K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7823+0.002%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7812−0.012%$3K150xas long as short
Variational Omni INJ+0.0051%8h7.7672−0.193%$272K$156Kas long as short
Kraken Futures PF_INJUSDshort+0.0078%1h7.7826+0.006%$891K$3.1M50x
Aevo INJ-PERP+0.0096%1h7.7785−0.047%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0097%8h7.7800−0.028%$38K$65K10xas long as short
Aster INJUSDTlong+0.0100%8h7.7822long leg$154K$441K20x
Binance INJUSDT+0.0100%8h7.7847+0.033%$35.5M$94.8M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7780−0.054%$21.6M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7780−0.054%$6.4M$20.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.7810−0.015%$2.8M$5.1M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7820−0.002%$9.5M$16.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.7820−0.002%$14.2M$10.9M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.7620−0.259%$47K$347K50xas long as short
Extended INJ-USD+0.0104%1h7.7838+0.021%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7800−0.028%$1.8M$7.8M75xas long as short
BingX INJ-USDT+0.0271%8h7.7820−0.002%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.7840+0.024%$32.1M$23.6M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0354% / S −0.0391%1h7.7788−0.043%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.8030+0.268%$387K$699K50xas long as short
Hyperliquid INJ+0.0722%1h7.7948+0.162%$26.4M$9.1M5xas long as short
Injective INJ/USDC PERP+0.1499%1h7.7910+0.113%$319K$12.1M30xas long as short