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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0076%/8h= −8.4% APRpaid last 24h −0.025%
Price spread now: dYdX against Binance−0.049%7-day average · you buy dearer than you sell
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 7 days−0.099%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.049% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INJUSDT7.83610.0100pay 0.0100% / 8h6h 24m$35.6M$91.7M75x
ShortdYdX INJ-USD7.83220.0024get 0.0003% / 1h24m 42s$81K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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
−$16.04
Price spread: −0.049% → 0.000%
−$4.92
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$40.96
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; dYdX: 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 Binance live order book, 3 min ago0.64 bp9.6 bp −$1021.3 bp −$213143.0 bp −$14.3Kdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 23 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%1h7.8448+0.111%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8460+0.127%$3K150xas long as short
dYdX INJ-USDshort+0.0024%1h7.8322−0.049%$81K$17K5x
Aevo INJ-PERP+0.0096%1h7.8468+0.137%$71K3xas long as short
Aster INJUSDT+0.0100%8h7.8313−0.061%$149K$424K20xas long as short
Binance INJUSDTlong+0.0100%8h7.8361long leg$35.6M$91.7M75x
Bybit INJUSDT+0.0100%8h7.8326−0.044%$22.1M$31.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8320−0.052%$6.4M$19.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.8310−0.065%$2.8M$4.9M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8340−0.026%$9.4M$16.5M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget INJUSDT+0.0100%8h7.8290−0.090%$14.4M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.8292−0.088%$275K$152Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7770−0.754%$47K$281K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8460+0.127%$35K$80K10xas long as short
Extended INJ-USD+0.0104%1h7.8310−0.065%$116K$365K10xas long as short
Deribit INJ_USDC-PERPETUAL+0.0171%1h7.8473+0.143%$6K$24K25xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0270% / S −0.0198%1h7.8449+0.112%$30K100xas long as short
BingX INJ-USDT+0.0271%8h7.8310−0.065%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8350−0.014%$31.8M$21.3M300xas long as short
Hyperliquid INJ+0.0372%1h7.8428+0.086%$26.4M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0403%1h7.8473+0.143%$877K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8430+0.088%$383K$603K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8520+0.203%$327K$12.1M30xas long as short