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

INJ

All INJ markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotINJUSDT
7.9825spotno funding——$6.5M1xBuy Bybit Spot
SHORT
BybitINJUSDT
7.9827+0.0100get 0.0100% / 8h7h 51m$18.1M$38.8M75xShort Bybit
Price gap+0.003%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.096% above its 7d average: +$10 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0100% /8h now · paid +0.080% over the last 7D
Price+$10spread +0.003% now, avg −0.094% → +0.096% if it goes back
Costs−$870.873% of $10k · taker + slippage, in and out
Result−$70−0.70%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.003%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

INJ on 24 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size31.1 / 13.3 bp
    At $10k entering Bybit Spot costs 31.1 bp, fee and slippage, 2.3× Bybit’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Bybit runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Bybit settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.003% vs −0.094%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$18.1M OI
    Only Bybit reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0038%/8h × 21 periods+$8.03
Price spread+0.003% → −0.094% (7d avg)+$9.60
Slippage, 4 orderslive order books−$56.25
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$69.62
Costs to cover0.873%Break-even67.7 days
Slippage: Bybit Spot: live order book, 10 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot5.6731.1 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit0.6313.3 bp−$1332.6 bp−$326208.4 bp−$20.8Kdoesn’t fit

Closing costs about the same again.

Alert

INJ news

posts that mention INJ, from every exchange
11-05 15:14InjectiveOther@Nasdaq @BitGo 7/ Eight years ago, we set out to make global financial markets accessible to everyone. Today, $INJ is on Nasdaq through a U.S. ETF, opening the door for billions to gain exposure to the asset powering a new global financial economy. And we're just getting started. @injective on X ↗
11-05 15:14InjectiveToken@Nasdaq @BitGo 5/ Behind the $INJC ticker is the Layer 1 built for finance → 3B+ transactions → Over $1 Billion in tokenized assets → Over 7.2 Million in $INJ buybacks using onchain revenue → Infrastructure tailor-made for RWAs, perps, trading and privacy @injective on X ↗
11-05 15:14InjectiveOther@Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗
11-05 15:14InjectiveOther@Nasdaq 3/ Inside $INJC → Spot $INJ custodied by @BitGo → Aims to stake up to 90% of $INJ holdings → Net staking rewards restaked automatically In short, $INJ staking is now part of a U.S. regulated ETF. @injective on X ↗
11-05 15:14InjectiveOther@Nasdaq 2/ Investors, users and institutions worldwide can now get $INJ exposure from the same brokerage account that holds their stocks. No wallet. No keys. No hassle. No crypto exchange account needed. @injective on X ↗
11-05 15:14InjectiveOther@Nasdaq @BitGo 6/ Injective's institutional milestones go far beyond the $INJ ETF. → First L1 with an SEC registered transfer agent → Over $1 Billion tokenized onchain → Major tokenization project with global giant LG → Institutional Rail product release for banks and enterprises @injective on X ↗