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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against Bybit−0.005%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.005%, 7d avg +0.020%
Together, before fees+0.029%+$3 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: Gate is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INJUSDT7.79040.0100pay 0.0100% / 8h6h 06m$22.0M$30.9M50x
ShortGate INJ_USDT7.79000.0100get 0.0100% / 8h6h 06m$2.8M$5.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
Price spread: −0.005% → +0.020%
−$2.54
Slippage, 4 orders
−$34.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$63.07
Costs to cover
0.605%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 1 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 Bybit live order book, 2 min ago0.64 bp12.8 bp −$1331.3 bp −$313152.9 bp −$15.3Kdoesn't fit
Sell Gate live order book, 1 min ago2.56 bp22.7 bp −$2358.2 bp −$582doesn't fitdoesn't fit

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%1h7.7942+0.049%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7982+0.100%$3K150xas long as short
dYdX INJ-USD+0.0017%1h7.7989+0.110%$81K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7980+0.098%$70K3xas long as short
Deribit INJ_USDC-PERPETUAL+0.0096%1h7.8022+0.151%$6K$24K25xas long as short
Aster INJUSDT+0.0100%8h7.8034+0.166%$149K$424K20xas long as short
Binance INJUSDT+0.0100%8h7.7961+0.073%$35.4M$90.7M75xas long as short
Bybit INJUSDTlong+0.0100%8h7.7904long leg$22.0M$30.9M50x
OKX INJ-USDT-SWAP+0.0100%8h7.7930+0.033%$6.3M$18.8M50xas long as short
Gate INJ_USDTshort+0.0100%8h7.7900−0.005%$2.8M$5.0M50x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7910+0.008%$9.3M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.7900−0.005%$14.3M$10.1M75xas long as short
Variational Omni INJ+0.0100%8h7.7981+0.099%$274K$151Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7770−0.172%$47K$274K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7990+0.110%$35K$80K10xas long as short
Extended INJ-USD+0.0104%1h7.7929+0.032%$115K$365K10xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.7965+0.078%$30K100xas long as short
BingX INJ-USDT+0.0271%8h7.7950+0.059%$21.2Mas long as short
MEXC INJ_USDT+0.0285%8h7.7970+0.085%$31.9M$21.4M300xas long as short
Hyperliquid INJ+0.0393%1h7.8049+0.186%$26.3M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0406%1h7.8034+0.167%$867K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8450+0.701%$383K$601K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8380+0.611%$327K$12.1M30xas long as short