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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.020%
Price spread now: OKX against Extended−0.177%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.177%, 7d avg −0.023%
Together, before fees+0.218%+ Points / potential airdropExtended: Active · farm board+$22 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: OKX is 0.154% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended INJ-USD7.83690.0104pay 0.0013% / 1h25m 56s$116K$365K10x
ShortOKX INJ-USDT-SWAP7.82300.0100get 0.0100% / 8h6h 25m$6.4M$19.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.177% → −0.023%
−$15.37
Slippage, 4 orders
−$38.18
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$69.39
Costs to cover
0.532%
Break-even
never at this rate
Slippage from Extended: live order book, 42 min ago; OKX: live order book, 3 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, 42 min ago2.36 bp12.7 bp −$13117.3 bp −$1,173doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.64 bp14.0 bp −$1429.1 bp −$291doesn't fitdoesn't fit

INJ on 23 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%1h7.8308−0.078%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8300−0.088%$3K150xas long as short
dYdX INJ-USD+0.0025%1h7.8207−0.207%$81K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.8328−0.052%$71K3xas long as short
Aster INJUSDT+0.0100%8h7.8340−0.037%$149K$424K20xas long as short
Binance INJUSDT+0.0100%8h7.8326−0.055%$35.5M$91.6M75xas long as short
Bybit INJUSDT+0.0100%8h7.8270−0.126%$22.1M$31.0M50xas long as short
OKX INJ-USDT-SWAPshort+0.0100%8h7.8230−0.177%$6.4M$19.0M50x
Gate INJ_USDT+0.0100%8h7.8300−0.088%$2.8M$4.9M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8360−0.011%$9.4M$16.5M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget INJUSDT+0.0100%8h7.8270−0.126%$14.4M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.8292−0.098%$275K$152Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7770−0.764%$47K$281K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8340−0.037%$35K$80K10xas long as short
Extended INJ-USDlong+0.0104%1h7.8369long leg$116K$365K10x
Deribit INJ_USDC-PERPETUAL+0.0248%1h7.8361−0.010%$6K$24K25xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.8296−0.093%$30K100xas long as short
BingX INJ-USDT+0.0271%8h7.8320−0.062%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8320−0.062%$31.7M$21.3M300xas long as short
Hyperliquid INJ+0.0373%1h7.8362−0.009%$26.4M$8.9M5xas long as short
Kraken Futures PF_INJUSD+0.0404%1h7.8373+0.005%$880K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8350−0.024%$383K$602K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8140−0.292%$326K$12.1M30xas long as short