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+0.0004%/8h= +0.4% APRpaid last 24h −0.006%
Price spread now: Extended against Binance−0.056%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.056%, 7d avg −0.024%
Together, before fees+0.089%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INJUSDT7.80200.0100pay 0.0100% / 8h1h 22m$35.7M$94.1M75x
ShortExtended INJ-USD7.79760.0104get 0.0013% / 1h22m 51s$118K$460K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.056% → −0.024%
−$3.26
Slippage, 4 orders
−$29.75
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$47.17
Costs to cover
0.447%
Break-even
400.1 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 60 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 Binance live order book, 5 min ago0.64 bp9.3 bp −$919.1 bp −$191141.8 bp −$14.2Kdoesn't fit
Sell Extended live order book, 60 min ago2.90 bp12.1 bp −$12107.2 bp −$1,072doesn'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%1h7.7953−0.086%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8019−0.001%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8006−0.018%$3K150xas long as short
dYdX INJ-USD+0.0010%1h7.8039+0.024%$90K$8K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7960−0.077%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0098%8h7.7990−0.038%$38K$63K10xas long as short
Kraken Futures PF_INJUSD+0.0099%1h7.8026+0.008%$872K$3.1M50xas long as short
Aster INJUSDT+0.0100%8h7.8018−0.002%$156K$440K20xas long as short
Binance INJUSDTlong+0.0100%8h7.8020long leg$35.7M$94.1M75x
Bybit INJUSDT+0.0100%8h7.7980−0.051%$21.7M$31.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.7960−0.077%$6.4M$20.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.7960−0.077%$2.8M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7990−0.038%$9.5M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.7950−0.090%$14.3M$10.8M75xas long as short
Variational Omni INJ+0.0100%8h7.7750−0.346%$272K$155Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7830−0.244%$48K$349K50xas long as short
Extended INJ-USDshort+0.0104%1h7.7976−0.056%$118K$460K10x
BloFin INJ-USDT+0.0220%8h7.7930−0.115%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7980−0.051%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.7980−0.051%$31.7M$23.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0354% / S −0.0418%1h7.7989−0.039%$46K100xas long as short
Coinbase International INJ-PERP-INTX+0.0640%1h7.8160+0.179%$382K$713K50xas long as short
Hyperliquid INJ+0.0705%1h7.8073+0.068%$26.5M$9.5M5xas long as short
Injective INJ/USDC PERP+0.1367%1h7.8280+0.333%$320K$12.1M30xas long as short