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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.091%
Price spread now: GMX against gTrade (Gains Network)+0.001%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) INJ/USD7.6358L +0.0006% / S −0.0002%pay 0.0001% / 1h30m 08s$3K150x
ShortGMX INJ/USD [WBTC.b-USDC]7.6359L +0.0268% / S −0.0198%get 0.0025% / 1h30m 08s$29K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$40.29
Price spread: +0.001% → 0.000%
$0.14
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$18.43
Costs to cover
0.220%
Break-even
3.8 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) 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
Kraken Futures PF_INJUSD−0.0232%1h7.6354−0.005%$786K$3.4M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6371+0.017%20xas long as short
dYdX INJ-USD0.0000%1h7.6490+0.173%$79K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6360+0.003%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDlongL +0.0006% / S −0.0002%1h7.6358long leg$3K150x
Aevo INJ-PERP+0.0096%1h7.6355−0.004%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6360+0.003%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.6368+0.014%$25.8M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6360+0.003%$140K$417K20xas long as short
Binance INJUSDT+0.0100%8h7.6305−0.069%$33.4M$96.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.6270−0.115%$21.3M$31.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6270−0.115%$6.2M$18.7M50xas long as short
Gate INJ_USDT+0.0100%8h7.6290−0.089%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6300−0.076%$9.5M$17.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.6250−0.141%$14.0M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.6552+0.254%$269K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6530+0.226%$46K$271K50xas long as short
Extended INJ-USD+0.0104%1h7.6347−0.014%$113K$359K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6590+0.304%$1.6M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.6320−0.050%$21.0Mas long as short
MEXC INJ_USDT+0.0261%8h7.6330−0.036%$30.0M$21.4M300xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0268% / S −0.0198%1h7.6359+0.001%$29K100x
Coinbase International INJ-PERP-INTX+0.0552%1h7.6700+0.448%$371K$620K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6790+0.566%$320K$12.1M30xas long as short