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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.041%
Price spread now: Extended against BloFin−0.139%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$460.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.253%−$25 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.139%, 7d avg +0.013%
Together, before fees−0.323%+ Points / potential airdropExtended: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.153% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin INJ-USDT7.65900.0220pay 0.0220% / 8h3h 30m$1.6M$5.8M75x
ShortExtended INJ-USD7.64830.0104get 0.0013% / 1h30m 50s$113K$359K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$24.36
Price spread: −0.139% → +0.013%
−$15.29
Slippage, 4 orders
−$28.64
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$85.29
Costs to cover
0.456%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Extended: live order book, 22 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 BloFin live order book, 3 min ago0.65 bp15.6 bp −$1624.2 bp −$242doesn't fitdoesn't fit
Sell Extended live order book, 22 min ago1.58 bp11.2 bp −$11149.3 bp −$1,493doesn'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
Kraken Futures PF_INJUSD−0.0231%1h7.6576−0.018%$789K$3.4M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6517−0.096%20xas long as short
dYdX INJ-USD0.0000%1h7.6553−0.048%$79K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6616+0.034%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.6578−0.016%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6608+0.024%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6580−0.013%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.6476−0.149%$25.8M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6488−0.133%$141K$417K20xas long as short
Binance INJUSDT+0.0100%8h7.6491−0.129%$33.5M$96.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.6434−0.204%$21.3M$31.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6410−0.235%$6.2M$18.8M50xas long as short
Gate INJ_USDT+0.0100%8h7.6450−0.183%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6460−0.170%$9.5M$17.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.6370−0.287%$14.0M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.6552−0.050%$269K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6530−0.078%$46K$271K50xas long as short
Extended INJ-USDshort+0.0104%1h7.6483−0.139%$113K$359K10x
BloFin INJ-USDTlong+0.0220%8h7.6590long leg$1.6M$5.8M75x
BingX INJ-USDT+0.0248%8h7.6470−0.157%$21.0Mas long as short
MEXC INJ_USDT+0.0261%8h7.6520−0.091%$30.1M$21.4M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6586−0.005%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.6670+0.104%$371K$619K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6790+0.261%$320K$12.1M30xas long as short