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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0310%/8h= −34.0% APRnext payment $0.39 per $10,000 · paid last 24h +0.030%
Price spread now: gTrade (Gains Network) against Deribit−0.072%7-day average · you buy dearer than you sell
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 3 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.072% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit INJ_USDC-PERPETUAL7.63580.0327pay 0.0041% / 1h33m 27s$7K$25K25x
ShortgTrade (Gains Network) INJ/USD7.6303L +0.0007% / S −0.0017%get 0.0002% / 1h33m 27s$18K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$65.16
Price spread: −0.072% → 0.000%
−$7.18
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$89.34
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Deribit and gTrade (Gains Network): 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
Reya INJRUSDPERP−0.0200%1h7.6478+0.157%20xas long as short
gTrade (Gains Network) INJ/USDshortL +0.0007% / S −0.0017%1h7.6303−0.072%$18K150x
dYdX INJ-USD+0.0010%1h7.6429+0.092%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6356−0.003%$778K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6315−0.056%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6320−0.050%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6433+0.099%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6520+0.212%$33.7M$97.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.6464+0.139%$21.2M$31.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6500+0.186%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6420+0.081%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6380+0.029%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6450+0.120%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6322−0.048%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6570+0.278%$46K$269K50xas long as short
Extended INJ-USD+0.0104%1h7.6473+0.151%$113K$565K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6340−0.024%$1.6M$5.7M75xas long as short
Hyperliquid INJ+0.0246%1h7.6576+0.285%$25.7M$8.6M5xas long as short
BingX INJ-USDT+0.0248%8h7.6480+0.160%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6500+0.186%$29.9M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6316−0.055%$29K100xas long as short
Deribit INJ_USDC-PERPETUALlong+0.0327%1h7.6358long leg$7K$25K25x
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830+0.618%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6760+0.526%$320K$12.1M30xas long as short