Funding arb · Price arb /

INJ

all INJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.043%

Price spread now: Aevo against BloFin+0.024%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.263%−$26 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.024% dearer against BloFin than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin INJ-USDT	7.6590	0.0220	pay 0.0220% / 8h	3h 30m	$1.6M	$5.8M	75x
Short	Aevo INJ-PERP	7.6608	0.0096	get 0.0012% / 1h	30m 48s	$69K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AevobpOrdersPrice spread, now +0.024%Rate

Funding earned: −$26.04
Price spread: +0.024% → 0.000%: $2.35
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$51.69
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 3 min ago	0.65 bp	15.6 bp −$16	24.2 bp −$242	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_INJUSD	−0.0231%	1h	7.6576	−0.018%	$789K	$3.4M	50x	as long as short
Reya INJRUSDPERP	−0.0200%	1h	7.6517	−0.096%	—	—	20x	as long as short
dYdX INJ-USD	0.0000%	1h	7.6553	−0.048%	$79K	$17K	5x	as long as short
Deribit INJ_USDC-PERPETUAL	0.0000%	1h	7.6616	+0.034%	$6K	$24K	25x	as long as short
gTrade (Gains Network) INJ/USD	L +0.0006% / S −0.0002%	1h	7.6578	−0.016%	$3K	—	150x	as long as short
Aevo INJ-PERPshort	+0.0096%	1h	7.6608	+0.024%	$69K	—	3x
Orderly PERP_INJ_USDC	+0.0100%	8h	7.6580	−0.013%	$34K	$94K	10x	as long as short
Hyperliquid INJ	+0.0100%	1h	7.6476	−0.149%	$25.8M	$8.8M	5x	as long as short
Aster INJUSDT	+0.0100%	8h	7.6488	−0.133%	$141K	$417K	20x	as long as short
Binance INJUSDT	+0.0100%	8h	7.6491	−0.129%	$33.5M	$96.2M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit INJUSDT	+0.0100%	8h	7.6434	−0.204%	$21.3M	$31.6M	50x	as long as short
OKX INJ-USDT-SWAP	+0.0100%	8h	7.6410	−0.235%	$6.2M	$18.8M	50x	as long as short
Gate INJ_USDT	+0.0100%	8h	7.6450	−0.183%	$2.7M	$5.2M	50x	as long as short
KuCoin INJUSDTM	+0.0100%	8h	7.6460	−0.170%	$9.5M	$17.6M	50x	as long as short
Bitget INJUSDT	+0.0100%	8h	7.6370	−0.287%	$14.0M	$10.2M	75x	as long as short
Variational Omni INJ	+0.0100%	8h	7.6552	−0.050%	$269K	$144K	—	as long as short
ApeX Omni INJUSDT	+0.0100%	1h	7.6530	−0.078%	$46K	$271K	50x	as long as short
Extended INJ-USD	+0.0104%	1h	7.6483	−0.139%	$113K	$359K	10x	as long as short
BloFin INJ-USDTlong	+0.0220%	8h	7.6590	long leg	$1.6M	$5.8M	75x
BingX INJ-USDT	+0.0248%	8h	7.6470	−0.157%	—	$21.0M	—	as long as short
MEXC INJ_USDT	+0.0261%	8h	7.6520	−0.091%	$30.1M	$21.4M	300x	as long as short
GMX INJ/USD [WBTC.b-USDC]	L +0.0268% / S −0.0198%	1h	7.6586	−0.005%	$29K	—	100x	as long as short
Coinbase International INJ-PERP-INTX	+0.0552%	1h	7.6670	+0.104%	$371K	$619K	50x	as long as short
Injective INJ/USDC PERP	+0.1172%	1h	7.6790	+0.261%	$320K	$12.1M	30x	as long as short