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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.090%
Price spread now: GMX against dYdX−0.262%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.262% cheaper against dYdX than usual: you would sell low and buy high (spread −0.262% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 2.5 days of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX INJ-USD7.77270get 0.0000% / 1h55m 35s$80K$17K5x
ShortGMX INJ/USD [WBTC.b-USDC]7.7524L +0.0326% / S −0.0344%get 0.0043% / 1h55m 35s$40K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$72.22
Price spread: −0.262% → 0.000%
−$26.19
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$24.03
Costs to cover
0.220%
Break-even
4.7 days
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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%1h7.7543−0.237%20xas long as short
dYdX INJ-USDlong0.0000%1h7.7727long leg$80K$17K5x
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0022%1h7.7521−0.266%$18K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7535−0.247%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7570−0.202%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.7489−0.307%$149K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7491−0.304%$34.4M$103.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.7440−0.370%$21.5M$32.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7490−0.305%$6.1M$20.9M50xas long as short
Gate INJ_USDT+0.0100%8h7.7410−0.408%$2.7M$5.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7440−0.370%$8.6M$18.7M50xas long as short
Bitget INJUSDT+0.0100%8h7.7390−0.434%$14.2M$11.9M75xas long as short
Variational Omni INJ+0.0100%8h7.7492−0.302%$275K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7480−0.318%$46K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.7471−0.330%$120K$645K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7750+0.029%$1.6M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.7450−0.357%$21.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.7490−0.305%$31.4M$20.7M300xas long as short
Deribit INJ_USDC-PERPETUAL+0.0318%1h7.7571−0.201%$6K$26K25xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0326% / S −0.0344%1h7.7524−0.262%$40K100x
Hyperliquid INJ+0.0588%1h7.7538−0.243%$26.0M$8.8M5xas long as short
Coinbase International INJ-PERP-INTX+0.0680%1h7.7680−0.061%$385K$745K50xas long as short
Kraken Futures PF_INJUSD+0.0829%1h7.7612−0.149%$825K$3.7M50xas long as short
Injective INJ/USDC PERP+0.1302%1h7.8090+0.467%$319K$10.4M30xas long as short