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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.011%
Price spread now: Gate against Extended−0.041%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$620.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.041%, 7d avg −0.013%
Together, before fees+0.072%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.028% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended INJ-USD7.85620.0104pay 0.0013% / 1h41m 37s$117K$606K10x
ShortGate INJ_USDT7.85300.0036get 0.0036% / 8h7h 41m$2.8M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$14.28
Price spread: −0.041% → −0.013%
−$2.8
Slippage, 4 orders
−$42.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$79.37
Costs to cover
0.623%
Break-even
never at this rate
Slippage from Extended: live order book, 31 min ago; Gate: live order book, 2 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, 31 min ago2.55 bp11.9 bp −$12107.0 bp −$1,070doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.18 bp19.9 bp −$2053.1 bp −$531doesn't fitdoesn't fit

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
Bybit INJUSDT−0.0277%8h7.8490−0.092%$22.0M$31.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.8583+0.027%20xas long as short
dYdX INJ-USD0.0000%1h7.8667+0.134%$91K$8K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8640+0.099%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8630+0.086%$3K150xas long as short
Gate INJ_USDTshort+0.0036%8h7.8530−0.041%$2.8M$4.9M50x
Variational Omni INJ+0.0089%8h7.8563+0.001%$280K$160Kas long as short
Aevo INJ-PERP+0.0096%1h7.8619+0.072%$71K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8630+0.086%$38K$66K10xas long as short
Aster INJUSDT+0.0100%8h7.8663+0.128%$150K$443K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance INJUSDT+0.0100%8h7.8560−0.003%$35.8M$93.7M75xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8500−0.079%$6.4M$19.9M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8590+0.036%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8510−0.066%$14.5M$10.4M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.8550−0.015%$48K$349K50xas long as short
Extended INJ-USDlong+0.0104%1h7.8562long leg$117K$606K10x
Kraken Futures PF_INJUSD+0.0194%1h7.8660+0.125%$889K$3.0M50xas long as short
BloFin INJ-USDT+0.0220%8h7.8640+0.099%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8520−0.054%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8580+0.023%$31.8M$22.6M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0356% / S −0.0418%1h7.8622+0.076%$47K100xas long as short
Hyperliquid INJ+0.0600%1h7.8711+0.190%$26.6M$9.2M5xas long as short
Coinbase International INJ-PERP-INTX+0.0632%1h7.8820+0.328%$386K$661K50xas long as short
Injective INJ/USDC PERP+0.1436%1h7.8980+0.532%$329K$12.1M30xas long as short