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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment $1.71 per $10,000 · paid last 24h −0.041%
Price spread now: Orderly against BingX−0.064%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−0.175%−$18 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 −$5 a day on $10k at the current rate, and Orderly is 0.064% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INJ-USDT7.79300.0271pay 0.0271% / 8h6h 06m$21.2M
ShortOrderly PERP_INJ_USDC7.78800.0100get 0.0100% / 8h6h 06m$35K$80K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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
−$35.91
Price spread: −0.064% → 0.000%
−$6.42
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$58.33
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; Orderly: 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 BingX live order book, 2 min ago0.64 bp8.1 bp −$810.0 bp −$10018.4 bp −$1,83571.8 bp −$35.9K
Sell Orderly no order-book sample
Orderly: 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%1h7.7884−0.059%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7877−0.068%$3K150xas long as short
dYdX INJ-USD+0.0017%1h7.7917−0.017%$81K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0045%1h7.7899−0.040%$6K$24K25xas long as short
Aevo INJ-PERP+0.0096%1h7.7870−0.077%$70K3xas long as short
Aster INJUSDT+0.0100%8h7.7987+0.073%$149K$424K20xas long as short
Binance INJUSDT+0.0100%8h7.7909−0.026%$35.3M$90.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.7879−0.065%$22.0M$30.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7850−0.103%$6.3M$18.8M50xas long as short
Gate INJ_USDT+0.0100%8h7.7880−0.064%$2.7M$5.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7880−0.064%$9.3M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.7880−0.064%$14.3M$10.1M75xas long as short
Variational Omni INJ+0.0100%8h7.7981+0.066%$274K$151Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7770−0.205%$47K$274K50xas long as short
Orderly PERP_INJ_USDCshort+0.0100%8h7.7880−0.064%$35K$80K10x
Extended INJ-USD+0.0104%1h7.7902−0.035%$115K$365K10xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.7874−0.072%$30K100xas long as short
BingX INJ-USDTlong+0.0271%8h7.7930long leg$21.2M
MEXC INJ_USDT+0.0285%8h7.7900−0.038%$31.8M$21.4M300xas long as short
Hyperliquid INJ+0.0394%1h7.8007+0.099%$26.3M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0406%1h7.7930−0.001%$866K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8450+0.667%$383K$600K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8380+0.577%$327K$12.1M30xas long as short