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+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.024%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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.024% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) INJ/USD7.8567L +0.0006% / S −0.0002%pay 0.0001% / 1h53m 39s$3K150x
ShortKraken Futures PF_INJUSD7.85850.0194get 0.0024% / 1h53m 39s$888K$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$39.51
Price spread: +0.024% → 0.000%
$2.39
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$21.91
Costs to cover
0.200%
Break-even
3.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 5 min ago. 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 Kraken Futures live order book, 5 min ago8.92 bp19.1 bp −$1929.9 bp −$299490.8 bp −$49.1Kdoesn't fit
gTrade (Gains Network): 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
ApeX Omni INJUSDT−0.0391%1h7.8520−0.059%$48K$349K50xas long as short
Bybit INJUSDT−0.0301%8h7.8450−0.148%$22.0M$31.8M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.8504−0.080%20xas long as short
dYdX INJ-USD0.0000%1h7.8569+0.003%$91K$8K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8566−0.001%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDlongL +0.0006% / S −0.0002%1h7.8567long leg$3K150x
Gate INJ_USDT+0.0070%8h7.8560−0.008%$2.8M$4.9M50xas long as short
Aevo INJ-PERP+0.0096%1h7.8540−0.034%$71K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8550−0.021%$38K$66K10xas long as short
Aster INJUSDT+0.0100%8h7.8613+0.059%$150K$443K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance INJUSDT+0.0100%8h7.8552−0.019%$35.7M$94.4M75xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8500−0.085%$6.4M$20.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8610+0.055%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8580+0.017%$14.5M$10.4M75xas long as short
Variational Omni INJ+0.0100%8h7.8454−0.143%$279K$160Kas long as short
Extended INJ-USD+0.0104%1h7.8584+0.022%$119K$460K10xas long as short
Kraken Futures PF_INJUSDshort+0.0194%1h7.8585+0.024%$888K$3.0M50x
BloFin INJ-USDT+0.0220%8h7.8440−0.161%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8570+0.004%$21.5Mas long as short
MEXC INJ_USDT+0.0285%8h7.8540−0.034%$31.6M$22.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0356% / S −0.0418%1h7.8552−0.018%$47K100xas long as short
Hyperliquid INJ+0.0602%1h7.8690+0.157%$26.6M$9.2M5xas long as short
Coinbase International INJ-PERP-INTX+0.0632%1h7.8650+0.106%$385K$665K50xas long as short
Injective INJ/USDC PERP+0.1436%1h7.8760+0.246%$328K$12.1M30xas long as short