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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.061%
Price spread now: BloFin against dYdX+0.169%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 7 days+0.338%+$34 on $10k
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 +$7 a day on $10k at the current rate, and BloFin is 0.169% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX INJ-USD7.55120get 0.0000% / 1h2m 43s$78K$17K5x
ShortBloFin INJ-USDT7.56400.0220get 0.0220% / 8h3h 02m$1.6M$5.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$46.2
Price spread: +0.169% → 0.000%
$16.89
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$41.09
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 6 min ago. 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 dYdX no order-book sample
Sell BloFin live order book, 6 min ago1.98 bp14.6 bp −$1531.2 bp −$312157.2 bp −$15.7Kdoesn't fit
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
Kraken Futures PF_INJUSD−0.0234%1h7.5621+0.144%$768K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5605+0.123%20xas long as short
dYdX INJ-USDlong0.0000%1h7.5512long leg$78K$17K5x
Deribit INJ_USDC-PERPETUAL0.0000%1h7.5643+0.173%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0027%1h7.5650+0.182%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5612+0.132%$68K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5640+0.169%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.5561+0.064%$25.4M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.5571+0.078%$138K$419K20xas long as short
Binance INJUSDT+0.0100%8h7.5530+0.023%$33.0M$96.6M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.5500−0.016%$20.9M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.5500−0.016%$6.2M$18.5M50xas long as short
Gate INJ_USDT+0.0100%8h7.5490−0.030%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5520+0.010%$9.4M$17.8M50xas long as short
Bitget INJUSDT+0.0100%8h7.5500−0.016%$13.8M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.5702+0.251%$266K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.5700+0.248%$45K$271K50xas long as short
Extended INJ-USD+0.0104%1h7.5509−0.005%$112K$519K10xas long as short
BloFin INJ-USDTshort+0.0220%8h7.5640+0.169%$1.6M$5.7M75x
BingX INJ-USDT+0.0248%8h7.5520+0.010%$20.9Mas long as short
MEXC INJ_USDT+0.0261%8h7.5550+0.050%$29.7M$21.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5629+0.154%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.5750+0.315%$366K$617K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.5920+0.540%$317K$12.1M30xas long as short