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+0.0366%/8h= +40.0% APRpaid last 24h +0.073%
Price spread now: GMX against Bitget+0.103%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GMX is 0.103% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INJUSDT7.69800.0100pay 0.0100% / 8h2h 46m$14.1M$10.9M75x
ShortGMX INJ/USD [WBTC.b-USDC]7.7059L +0.0388% / S −0.0466%get 0.0058% / 1h46m 05s$47K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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
$76.8
Price spread: +0.103% → 0.000%
$10.26
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$63.06
Costs to cover
0.240%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, 3 min ago; GMX: 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 Bitget live order book, 3 min ago0.65 bp14.9 bp −$1520.3 bp −$203doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 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%1h7.7007+0.035%20xas long as short
dYdX INJ-USD0.0000%1h7.7040+0.078%$89K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7079+0.129%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7045+0.085%$3K150xas long as short
Variational Omni INJ+0.0072%8h7.7025+0.059%$270K$155Kas long as short
Kraken Futures PF_INJUSD+0.0079%1h7.7066+0.112%$891K$3.2M50xas long as short
Aevo INJ-PERP+0.0096%1h7.7040+0.078%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0096%8h7.7060+0.104%$38K$65K10xas long as short
Aster INJUSDT+0.0100%8h7.7059+0.103%$152K$440K20xas long as short
Binance INJUSDT+0.0100%8h7.7035+0.072%$35.1M$95.1M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.6960−0.026%$21.4M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6970−0.013%$6.3M$20.3M50xas long as short
Gate INJ_USDT+0.0100%8h7.6990+0.013%$2.7M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7000+0.026%$9.4M$16.1M50xas long as short
Bitget INJUSDTlong+0.0100%8h7.6980long leg$14.1M$10.9M75x
ApeX Omni INJUSDT+0.0100%1h7.7030+0.065%$47K$347K50xas long as short
Extended INJ-USD+0.0104%1h7.7051+0.092%$117K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6990+0.013%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.69800.000%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.7050+0.091%$32.1M$23.4M300xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0388% / S −0.0466%1h7.7059+0.103%$47K100x
Hyperliquid INJ+0.0674%1h7.7184+0.265%$26.1M$9.0M5xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.7130+0.195%$381K$689K50xas long as short
Injective INJ/USDC PERP+0.1499%1h7.7650+0.870%$318K$12.1M30xas long as short