Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

INJ

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
DeribitINJ_USDC-PERPETUAL
7.701200.0000% / 1h44m 06s$51K$7K25xLong Deribit
SHORT
PhemexINJUSDT
7.7050+0.0100get 0.0100% / 8h44m 06s$1.6M$2.6M50xShort Phemex
Price gap+0.049%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.049% above zero (no 7-day history yet): +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—+0.0100% /8h now · no funding history yet
Price—spread +0.049% now · no price history on both exchanges yet
Costsno datano order book for Deribit
Result, before costs—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phemex price against Deribitnow
RANGE STATS · 7D
Now+0.049%
Average—
Range—
Wider than now—

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

0 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Deribit: its slippage is not counted.
  • Note: Margin at max leverage$400 + $200
    Deribit 25x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Deribit: 24 payments, $0.00; short Phemex: 3 payments, +$3.00.
  • Note: No 7-day spread history+0.049%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$51K vs $1.6M OI
    Deribit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCDeribit Yes · Phemex Yes
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate+$21.00
Price spread+0.049% → 0+$4.93
Slippage, 4 ordersno data for Deribit—
Fee Deribit bp × 2 orders−$7.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$6.93
Costs to cover0.190%Break-even4.7 days
Slippage: Deribit: no order-book sample; Phemex: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGDeribit—————
SELL · SHORTPhemex3.8930.9 bp−$31doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Deribit: no data.

Alert

INJ news

posts that mention INJ, from every exchangeSearch all news →
09-29 11:41InjectiveOtherThe status of regulated institutional INJ products: $INJ ETP in Europe: Live $INJ Regulated U.S. Futures: Live $INJ 21Shares U.S. Spot ETF: Amended S-1/A with the SEC a few days ago Canary Staked $INJ U.S. ETF: Amendment No. 3 announced with an aim to stake 90% of INJ @injective on X ↗
09-29 05:27InjectiveOtherFirst ever Injective Stockdrop. This week. A chance to get onchain stocks for Nvidia, $AMC, Meta and more while burning $INJ forever. Get ready 🥷 @injective on X ↗
09-28 16:49InjectiveOtherCanary Capital has filed Amendment No. 3 to its S-1 for a Staked $INJ ETF with the SEC. The ETF will hold spot INJ and target staking at least 90% of its institutional holdings in the U.S. This is likely the final amendment before launch. @injective on X ↗
09-28 16:18InjectiveOtherInjective has produced more than 3 billion total transactions, putting it ahead of major chains such as @avax and @algorand. 42M+ transactions were recorded in the past 30 days alone. $INJ is rapidly reaching the internet scale of onchain finance. @injective on X ↗
09-28 13:33InjectiveProduct$INJ is now live across Solana on -> @LaunchOnSF -> @MeteoraAG -> @fomo -> @Pumpfun -> @Raydium -> @JupiterExchange -> @moonshot -> @Titan_Exchange -> @dflow -> @birdeye_so -> @sunrise -> @phantom -> @kamino ⏳⏳ -> [REDACTED] Soon. @injective on X ↗
09-28 09:42InjectiveOtherInjective is taking over Asia. First Stop: Korea Blockchain Week 🇰🇷 Second Stop: Token2049 🇸🇬 Institutions. Enterprises. Partners. Community. All together. Powering a new future of $INJ Expect brand new launches and Injective everywhere. @injective on X ↗