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+0.0144%/8h= +15.8% APRpaid last 24h +0.048%
Price spread now: BingX against Extended+0.033%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$330.325% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.258%+$26 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.033%, 7d avg −0.001%
Together, before fees+0.210%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.034% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended INJ-USD7.65550.0104pay 0.0013% / 1h59m 32s$114K$563K10x
ShortBingX INJ-USDT7.65800.0248get 0.0248% / 8h1h 59m$20.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$30.24
Price spread: +0.033% → −0.001%
$3.39
Slippage, 4 orders
−$17.52
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
$1.11
Costs to cover
0.325%
Break-even
6.7 days
Slippage from Extended: live order book, 48 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 48 min ago1.78 bp10.5 bp −$1098.0 bp −$980doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago0.65 bp5.7 bp −$67.2 bp −$7214.9 bp −$1,48848.3 bp −$24.2K

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−0.0211%1h7.6647+0.120%$793K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6565+0.013%20xas long as short
dYdX INJ-USD0.0000%1h7.6582+0.036%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6580+0.033%$19K150xas long as short
Deribit INJ_USDC-PERPETUAL+0.0024%1h7.6604+0.064%$7K$25K25xas long as short
Aevo INJ-PERP+0.0096%1h7.6588+0.043%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6590+0.046%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.6635+0.105%$25.8M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.6560+0.007%$139K$420K20xas long as short
Binance INJUSDT+0.0100%8h7.6600+0.058%$33.8M$97.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.6543−0.016%$21.0M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6590+0.046%$6.2M$19.2M50xas long as short
Gate INJ_USDT+0.0100%8h7.6550−0.006%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6540−0.019%$8.5M$18.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.6530−0.033%$14.0M$10.4M75xas long as short
Variational Omni INJ+0.0100%8h7.6631+0.099%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6760+0.268%$46K$270K50xas long as short
Extended INJ-USDlong+0.0104%1h7.6555long leg$114K$563K10x
BloFin INJ-USDT+0.0220%8h7.6730+0.229%$1.6M$5.7M75xas long as short
BingX INJ-USDTshort+0.0248%8h7.6580+0.033%$20.8M
MEXC INJ_USDT+0.0261%8h7.6600+0.059%$30.0M$20.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6605+0.066%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0480%1h7.6820+0.346%$375K$661K50xas long as short
Injective INJ/USDC PERP+0.1029%1h7.7140+0.764%$322K$12.1M30xas long as short