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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.3214%/8h= +351.9% APRnext payment +$4.02 per $10,000 · paid last 24h +0.013%
Price spread now: dYdX against Deribit+0.431%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$96 a day on $10k at the current rate, and dYdX is 0.431% dearer against Deribit than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit INJ_USDC-PERPETUAL7.8252−0.3214get 0.0402% / 1h58m 58s$6K$24K25x
ShortdYdX INJ-USD7.85890get 0.0000% / 1h58m 58s$91K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Deribit. 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
$674.94
Price spread: +0.431% → 0.000%
$43.07
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
$701.01
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell dYdX no order-book sample
Deribit and dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit INJ_USDC-PERPETUALlong−0.3214%1h7.8252long leg$6K$24K25x
Reya INJRUSDPERP−0.0200%1h7.8454+0.258%20xas long as short
dYdX INJ-USDshort0.0000%1h7.8589+0.431%$91K$8K5x
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8517+0.338%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.8500+0.317%$71K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8510+0.330%$38K$66K10xas long as short
Aster INJUSDT+0.0100%8h7.8505+0.324%$150K$443K20xas long as short
Binance INJUSDT+0.0100%8h7.8433+0.231%$35.7M$94.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.8360+0.138%$22.0M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8400+0.189%$6.4M$20.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.8400+0.189%$2.8M$4.9M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8480+0.291%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8440+0.240%$14.5M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.8439+0.239%$280K$160Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8540+0.368%$48K$349K50xas long as short
Extended INJ-USD+0.0104%1h7.8434+0.232%$119K$460K10xas long as short
Kraken Futures PF_INJUSD+0.0194%1h7.8563+0.397%$891K$3.1M50xas long as short
BloFin INJ-USDT+0.0220%8h7.8520+0.342%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8420+0.215%$21.5Mas long as short
MEXC INJ_USDT+0.0285%8h7.8510+0.330%$31.8M$22.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0355% / S −0.0418%1h7.8502+0.319%$47K100xas long as short
Hyperliquid INJ+0.0532%1h7.8565+0.400%$26.6M$9.3M5xas long as short
Coinbase International INJ-PERP-INTX+0.0632%1h7.8770+0.662%$385K$667K50xas long as short
Injective INJ/USDC PERP+0.1436%1h7.8770+0.662%$328K$12.1M30xas long as short