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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Bybit+0.051%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.630% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.051%, 7d avg +0.011%
Together, before fees+0.010%+$1 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: KuCoin is 0.041% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INJUSDT7.80200.0100pay 0.0100% / 8h7h 46m$21.7M$32.8M50x
ShortKuCoin INJUSDTM7.80600.0100get 0.0100% / 8h7h 46m$8.6M$18.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.051% → +0.011%
$4.07
Slippage, 4 orders
−$39.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$58.92
Costs to cover
0.630%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago0.64 bp16.7 bp −$1730.4 bp −$304147.0 bp −$14.7Kdoesn't fit
Sell KuCoin live order book, 3 min ago3.20 bp16.4 bp −$1644.2 bp −$442328.7 bp −$32.9Kdoesn'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
Reya INJRUSDPERP−0.0200%1h7.8035+0.019%20xas long as short
dYdX INJ-USD0.0000%1h7.8187+0.214%$81K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0022%1h7.8041+0.027%$18K150xas long as short
Aevo INJ-PERP+0.0096%1h7.8110+0.115%$71K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8110+0.115%$35K$72K10xas long as short
Aster INJUSDT+0.0100%8h7.8051+0.040%$150K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.8074+0.070%$34.7M$104.0M75xas long as short
Bybit INJUSDTlong+0.0100%8h7.8020long leg$21.7M$32.8M50x
OKX INJ-USDT-SWAP+0.0100%8h7.8050+0.038%$6.1M$21.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.8070+0.064%$2.7M$5.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTMshort+0.0100%8h7.8060+0.051%$8.6M$18.7M50x
Bitget INJUSDT+0.0100%8h7.8050+0.038%$14.3M$12.0M75xas long as short
Variational Omni INJ+0.0100%8h7.7912−0.138%$276K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8220+0.256%$47K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.8061+0.053%$120K$643K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8380+0.461%$1.7M$5.9M75xas long as short
BingX INJ-USDT+0.0248%8h7.8070+0.064%$21.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.8140+0.154%$31.4M$20.8M300xas long as short
Deribit INJ_USDC-PERPETUAL+0.0288%1h7.8114+0.120%$5K$27K25xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0327% / S −0.0344%1h7.8022+0.003%$41K100xas long as short
Hyperliquid INJ+0.0676%1h7.8186+0.213%$26.3M$8.8M5xas long as short
Coinbase International INJ-PERP-INTX+0.0680%1h7.8320+0.385%$392K$753K50xas long as short
Kraken Futures PF_INJUSD+0.0823%1h7.8168+0.190%$855K$3.8M50xas long as short
Injective INJ/USDC PERP+0.1302%1h7.8570+0.705%$321K$10.6M30xas long as short