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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.010%
Price spread now: KuCoin against Extended−0.056%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.056%, 7d avg +0.006%
Together, before fees+0.132%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.062% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended INJ-USD7.63730.0104pay 0.0013% / 1h13m 04s$113K$563K10x
ShortKuCoin INJUSDTM7.63300.0100get 0.0100% / 8h2h 13m$8.5M$18.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: −0.056% → +0.006%
−$6.18
Slippage, 4 orders
−$46.31
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$70.33
Costs to cover
0.633%
Break-even
never at this rate
Slippage from Extended: live order book, 35 min ago; KuCoin: live order book, 6 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, 35 min ago1.78 bp10.5 bp −$1098.0 bp −$980doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.29 bp18.4 bp −$1838.1 bp −$381doesn'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
Kraken Futures PF_INJUSD−0.0212%1h7.6386+0.017%$787K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6340−0.043%20xas long as short
dYdX INJ-USD0.0000%1h7.6339−0.045%$79K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6372−0.001%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0016%1h7.6381+0.010%$18K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6366−0.009%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6360−0.017%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.6480+0.140%$25.7M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.6356−0.022%$138K$420K20xas long as short
Binance INJUSDT+0.0100%8h7.6379+0.007%$33.6M$97.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.6332−0.054%$21.0M$31.7M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6360−0.017%$6.2M$19.0M50xas long as short
Gate INJ_USDT+0.0100%8h7.6330−0.056%$2.7M$5.3M50xas long as short
KuCoin INJUSDTMshort+0.0100%8h7.6330−0.056%$8.5M$18.2M50x
Bitget INJUSDT+0.0100%8h7.6330−0.056%$14.0M$10.4M75xas long as short
Variational Omni INJ+0.0100%8h7.6002−0.485%$271K$148Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6100−0.357%$46K$270K50xas long as short
Extended INJ-USDlong+0.0104%1h7.6373long leg$113K$563K10x
BloFin INJ-USDT+0.0220%8h7.6440+0.088%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6370−0.004%$20.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.6410+0.049%$30.0M$20.2M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6384+0.014%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0480%1h7.6450+0.101%$372K$660K50xas long as short
Injective INJ/USDC PERP+0.1029%1h7.6560+0.245%$319K$12.1M30xas long as short